Key Market Indicators
Vehicle registration in Iran is projected to reach 516,600 units by 2026, down 5.1% annually on average from 2021's total of 730,930. From 2010 to 2021, registrations have dropped 12.8% on average each year. Iranian vehicle production is forecast to reach 1,281,400 units 2026, up 0.9% annually on average from 2021's 1,199,700. From 2004-2021, supply has decreased 1.3% annually. Iran was the 17th largest producer in 2021, with the Czech Republic taking the spot above them at 1,199,700 units. The US, Japan and India took the next three spots.