Key Market Indicators
Belgium's vehicle registration is set to reach around 537,000 units by 2026. This is slightly lower than the 516,000 units registered in 2021, a decline of 0.6% per year on average. Since 2010, the Belgian market has decreased by 3.6% annually. Meanwhile, the country's vehicle production is forecast to drop to 67,300 units in 2026, down 19.1% year-on-year on average. Since 2002, Belgium's supply has dropped by 11.6% annually. In 2021, the country was ranked 31st, with Portugal in the lead with 215,120 units. The United States, Japan and India made up spots 2, 3 and 4 respectively.
Belgium Motor Vehicle Market Data and Forecasts
What is the size of the Belgian Motor Vehicle Market in 2022?
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