Key Market Indicators
Kazakhstan's vehicle registration is projected to climb to approximately 381,000 units by 2028, up from around 328,000 units in 2023. This marks an average annual growth rate of 2.4%. Since 2010, the Kazakhstani market has seen a significant year-on-year increase of 41%. In 2023, Kazakhstan ranked 46th globally in vehicle registrations, with the United Arab Emirates surpassing it at the same 328,000 units mark. The top three countries in this ranking are Canada, China, and Austria. Meanwhile, Kazakhstan's vehicle production is on track to reach nearly 219,000 units by 2028, a substantial rise from about 129,000 units in 2023. This represents an average annual growth rate of 8.2%. Since 2018, the country's vehicle production has increased by 33% annually. In 2023, Kazakhstan ranked 36th in vehicle production, with Slovenia just ahead at around 129,000 units. The leading producers in this category were the United States, Japan, and Germany.
