Key Market Indicators
Maltese vehicle registration is projected to reach approximately 9,850 units by 2028, marking a growth rate of 1.1% annually from its current level of around 9,210 units in 2023. This growth highlights a steady increase in vehicle registrations in Malta, which has seen a 0.3% year-on-year rise since 2010. In the global context, Malta is ranked 95th in vehicle registrations for 2023, with Brunei narrowly ahead at 9,210 units. Major players in the vehicle registration market include Canada, China, and Austria, occupying the second, third, and fourth positions respectively.