The import of automobiles with compression-ignition internal combustion piston engines (diesel or semi-diesel) of a cylinder capacity 1500-2500 CC to the US in 2023 stood at 48.5 million kilograms. From 2024 to 2028, a consistent decline in import volume is forecasted, with a compound annual growth rate (CAGR) decreasing by approximately 2.4% annually. Year-on-year variations highlight a steady reduction trend: a decrease of 2.42% from 2024 to 2025, 2.42% from 2025 to 2026, 2.43% from 2026 to 2027, and 2.45% from 2027 to 2028.
Future trends to watch include:
- Increasing regulatory pressures on diesel engines.
- Growth in electric vehicle adoption potentially reducing diesel import demand.
- Technological advancements improving diesel engine efficiency and emissions.
- Changes in consumer preferences towards more environmentally friendly vehicles.