Key Market Indicators
Finnish Vehicle Registration is projected to climb to approximately 407,000 units by 2028, up from around 276,000 units in 2023. This represents an average annual growth rate of 6.1%. Since 2010, the Finnish market has seen an annual increase of 11.1%. In 2023, Finland ranked 49th globally in vehicle registrations, with the Czech Republic surpassing it with the same number of units. Meanwhile, Canada, China, and Austria held the second, third, and fourth positions, respectively. In terms of vehicle production, Finland is expected to reach nearly 180,000 units by 2028, up from about 144,000 units in 2023. This indicates an average annual growth rate of 3.5%. Since 2002, Finnish vehicle production has grown by 5.2% annually. In 2023, Finland was the 35th largest vehicle producer, with Austria surpassing it at approximately 144,000 units. The United States, Japan, and Germany occupied the second, third, and fourth positions, respectively, in the global ranking.
