Key Market Indicators
In 2019, the registration of Palestinian vehicles saw a significant decline, plummeting to approximately 110 units from around 150 units in 2018. This marked a dramatic decrease of 25 percent compared to the previous year. The downturn is even more pronounced when examining the trend over a longer period. Since 2010, the Palestinian vehicle market has experienced a staggering drop of nearly 69 percent year on year. This sustained decline highlights ongoing challenges within the sector.
