Think Americans Love Pickups? Check Out Kenya, Thailand and Argentina

2021 Ford F-150 Raptor jumping

By any measure, the Ford F-Series is the world’s best-selling pickup, though primary demand is in the U.S.

Americans are in love with their pickups, no question about it. If anything, automakers are struggling to keep up with demand for products like the Ford F-150 and Ram 1500 in the wake of last year’s pandemic shutdowns and this year’s chip shortages.

You might think of the pickup as a distinctly American product, however, that’s far from reality. In fact, if you’re looking at the countries where these trucks hold the highest market share, the U.S. doesn’t even land in the Top 10.

Kenya is the unquestioned king here, pickups accounting for an astounding 53% of its total new vehicle sales in 2020, according to industry data, with Thailand slightly behind with a pickup share of 47%. Our northern neighbor, Canada, also showed more truck love than Americans did last year, at 23%, with Argentina, at 22%, still two share points ahead of the U.S.

Now, all that said, the U.S. remains the overwhelming sales leader when you are talking raw volume. The Ford F-Series, Chevrolet Silverado and Ram pickup were far and away the three best-selling vehicles of any form in the U.S. last year, with combined volume of 1.945 million units. The GMC Sierra, ninth among all U.S. vehicles in 2020, adds 253,016 to that total. And we’ve so far only looked at full-size trucks.

The U.S. is an also-ran in the pickup market

Measured another way, the U.S. and Canada account for roughly nine out of every 10 pickups sold worldwide when you count everything from compact to heavy-duty models. But with a combined market share of around 20%, those trucks hold barely half the share of utility vehicles and even lag the declining sedan market.

Toyota Hilux

The Toyota Hilux has earned a reputation as “king of the desert” in many parts of the world.

What’s unique about the U.S. is the focus on full-size and, especially, heavy-duty pickups. These products barely exist in many other markets and regions, with a handful of exceptions like the Middle East. That said, Detroit automakers are hoping to expand the appeal of these big rigs worldwide.

Ford launched the F-150 in Argentina last year, where the Ram 1500 already is on sale. The Chevy Silverado is expected to follow, according to LMC Automotive.

“As is the case in the U.S., pickups are prized in Argentina by a subset of the population who view them not only as practical, but also as a reflection of their lifestyle — a status symbol, if you will,” explains John Zekany, an LMC analyst focusing on the Americas.

“The bodystyle,” he adds, “also fits in well with the needs of Argentina’s agricultural sector, which accounts for a substantial share of the country’s GDP. Many of those who drive pickups would never dream of switching to a different vehicle type.”

What pickup buyers want varies by market

The ability to use pickups as combination work and lifestyle truck clearly appeals to buyers in many emerging markets, as is reflected by the pickup sales chart shown here.

Top 10 Pickup Truck Sales Markets

The countries with the highest share of pickup sales. The U.S. doesn’t even fall into the Top 10. Source: Focus2Move.

What type of trucks they buy varies widely, however, from country to country. In many pickup-friendly markets, there are hefty tariffs and taxes that influence demand.

As a result, notes Zekany, the Ram 1500 is the only one of 11 imported models that generated sales of more than 1,000 vehicles last year. In Argentina, the locally assembled Toyota Hilux has captured a 27% share of the pickup market and 6% of the country’s overall new vehicle sales.

Midsize models like the Hilux are, for many buyers, not just more affordable but also more practical, especially when dealing with narrow roads and cramped local villages and cities. They’re also more fuel efficient, something owners in many parts of the world are acutely aware of.

The “king of the desert”

The Hilux has earned a reputation as the “king of the desert,” and it is especially popular in Africa, South America and the Middle East, according to research site Focus2Move. The Toyota now is the world’s fourth best-selling pickup, buyers in 140 different markets snapping up 457,876 of them last year.

Rivian R1T

New entrants will give pickup buyers even more options in the years ahead. Many of them are all electric, like this Rivian R1T.

Globally, it’s followed by the Ford Ranger – primarily the version sold outside the United States, the GMC Sierra, the Toyota Tacoma and the Isuzu D-Max.

One of the notable developments has been the rise of China’s Great Wall Wingle 5. It was number 9 last year, moving up from 12th position globally in 2019. Significantly, Toyota landed its third pickup, the Toyota Tundra, on the charts in 2020, that full-size model rounding out the top 10.

New entries

The strong global demand for trucks has encouraged more players to get into the pickup market in recent years. Mercedes-Benz launched the X-Class a few years back and Hyundai is readying for launch the compact Santa Cruz. Meanwhile, a host of new start-ups are jumping in with all-electric models, including Rivian, Bollinger, Lordstown and Atlas.

If anything, global demand for pickups could grow even bigger in the years ahead.


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Weather, Increased Demand Drive Gas Prices Higher

Getting gas

American motorists are paying more at the pump these days as demand rises and supply drops.

When it comes to gas prices at the pump, what goes down will eventually come up.

Motorists are paying some of the highest gas prices seen in over a year, according to AAA and GasBuddy.com. With the forced shutdown of Gulf Coast and some Midwest refineries due to recent winter weather, gasoline stocks have tightened and gas prices have skyrocketed.

On the week, 66% of state averages spiked by double digits (10-22 cents), driving the national average up by 13 cents to $2.63. That is the most expensive national average since October 2019.

Prices are jumping by double-digit amounts

Gasbuddy.com reported the national average price rose for the seventh consecutive week and at its fastest pace since Hurricane Harvey, rising 10.4 cents per gallon compared with the previous week to $2.63 as of Feb. 22.

Gas was priced the highest in California, Hawaii and Washington with the price as high as $3.54 a gallon.

The website compiled the data from more than 11 million individual price reports covering more than 150,000 gas stations across the country. Additionally, GasBuddy determined that the national average price of diesel jumped 8.7 cents in the week prior to Feb. 22 and stood at $2.84 per gallon.

Federal statistics released on Feb. 22 show how gas prices stood around the country. The average price per gallon (ppg) in the U.S. as of Feb. 22 was $2.63, a 13-cent ppg increase from the previous week. Gas in the East Coast region was $2.60 a gallon, up from the prior week price of $2.47.

In New England, gas prices reached a ppg of $2.56, up from $2.47 in just a week, while West Coast ppg hit $3.15, up from $3.04. Rocky Mountain ppg jumped to $2.43, from $2.39. Gulf Coast prices were the lowest as of Feb. 22, with ppg of $2.34, up from $2.21 the week before.

Cold Hits Production Hard

“With last week’s (Feb. 15 – 21) extreme cold shutting down millions of barrels per day in refinery capacity, gas prices have seen their largest weekly climb in quite some time,” said Patrick De Haan, head of petroleum analysis for GasBuddy.

Gas prices rising as lockdowns ease

Gas prices are expected to drop in the next week or so, according to GasBuddy.com.

“The jump in price was the result of a dozen or so refineries, primarily in Texas, that were forced to shut down as the frigid temperatures threatened to wreak havoc on their exposed equipment. With the cold weather behind us, price increases should begin to slow later this week or next week, and so long as these refineries get back online in short order, we may see gas prices start to move back down in the next couple of weeks.

De Haan quickly tempered any joy about drop reminding that spring is coming, which means prices will rise again as “refineries start to transition to summer gasoline, so motorists shouldn’t jump for joy just yet.”

Weather playing a role

“When close to 40% of U.S. crude production is offline because refineries are closed, there is going to be pain at the pump until operations resume,” said Jeanette Casselano McGee, AAA spokesperson.

“The good news is the nearly two dozen impacted refiners are expected to restart operations this week, if they haven’t already. That means regular gasoline deliveries will resume and impacted stations will be re-fueled.”

In the week prior Feb. 22 there were reported refinery outages in Texas, Louisiana, Oklahoma, Arkansas, Tennessee and Kansas. AAA reported that gas prices are likely to be volatile until crude production is back to normal levels. Motorists can expect these more expensive prices to stick around, but large spikes are likely to subside.

Midwest sees big increases

According to AAA, the nation’s top 10 largest weekly increases were as follow: Ohio, up 22 cents; Arizona, up 21 cents; Iowa, up 19 cents; Minnesota, up 18 cents; Georgia, up 18 cents; Michigan, up 17 cents; Wisconsin, up 16 cents; Nebraska, up 16 cents; Indiana, up 16 cents; and Maryland, up 15 cents.

The nation’s top 10 least expensive markets as of Feb. 22 were: Mississippi, $2.27; Louisiana, $2.31; Texas, $2.32; Arkansas, $2.35; Alabama, $2.35; Oklahoma, $2.36; Utah, $2.38; Missouri, $2.38 ppg; Tennessee, $2.40; and South Carolina, $2.42.

The most expensive were California at $3.54 a gallon followed by Hawaii ($3.35) and Washington ($2.98).


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