The diesel trucks market in Cameroon, weighing more than one tonne, has seen fluctuating values over the past decade. By 2023, it reached a value of $166.76 million. The annual growth rate varied significantly, with a notable dip in 2020 at -15.63% due to market disruptions, followed by a strong recovery in 2021 at 16.28%. Over the last five years, the compound annual growth rate (CAGR) stood at approximately 1.59%.
Future trends to watch for:
- An increase in infrastructure development could boost demand.
- Environmental regulations might shift preferences towards more fuel-efficient models.
- Economic factors and trade policies may influence import and export dynamics.