Key Market Indicators
Vehicle registrations in Ecuador are projected to reach 91,340 units by 2026. This figure is a slight decrease of 0.8% year-on-year, compared to the 85,130 units registered in 2021. Since 2010, there has been an annual growth of 6%. Production of vehicles in Ecuador has remained steady at 2,700 units since 2016. This figure is a sharp decline of 35.6% from 2005.
Ecuador Motor Vehicle Market Data and Forecasts
What is the size of the Ecuadorian Motor Vehicle Market in 2022?
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