The import of non-electric self-propelled works trucks to the UAE has shown notable fluctuations over the years. In 2023, the value stood at 71.854 million USD. Import values peaked in 2014, followed by a general declining trend. From 2022 to 2023, there was a -2.02% year-on-year decrease. The 5-year CAGR from 2019 to 2023 has been -1.58%, indicating a slow but steady decline. For the forecasted period up to 2028, the 5-year CAGR is projected to be -1.8%, reflecting continued decrease, albeit at a slower rate.
Future trends to watch for include potential shifts in industrial activity, the impact of technological advancements, and global supply chain developments. Market responses to regulatory changes and sustainability initiatives may also influence import dynamics in the sector.
