Key Market Indicators
Tanzania's vehicle registration numbers are projected to plummet to around 260 units by 2028, down from approximately 1,260 units in 2023. This marks a steep annual decline of 24%. Since 2010, the Tanzanian market has seen a consistent year-on-year decrease of 12%. In the global ranking for vehicle registrations in 2023, Tanzania stood at 120th place. Zimbabwe surpassed Tanzania with the same number of 1,260 units. Leading the rankings were Canada, China, and Austria, occupying the second, third, and fourth places respectively.
