Key Market Indicators
Dutch vehicle registration is projected to decline to approximately 420,000 units by 2028, down from around 456,000 units recorded in 2023. This marks an average yearly decrease of 1.3%. Since 2010, the Dutch market has consistently contracted at an average rate of 3.3% per year. In 2023, the Netherlands ranked 41st globally in vehicle registrations, with Taiwan surpassing it with the same figure of 456,000 units. Canada, China, and Austria held the second, third, and fourth positions, respectively, in this ranking. Conversely, Dutch vehicle production is expected to rise to about 153,000 units by 2028, up from roughly 143,000 units in 2023. This denotes an average annual growth rate of 1.2%. Since 2002, Dutch vehicle production has been on an upward trend, increasing by an average of 1.6% each year.
