Key Market Indicators
Qatari vehicle registration is projected to decline significantly, dropping to approximately 24,500 units by 2028 from around 37,300 units in 2023. This represents an average annual decrease of 6.6%. Since 2010, the Qatari vehicle market has been shrinking at an average rate of 4.7% each year. In the global ranking for 2023, Qatar was placed at number 70, with Estonia surpassing it by registering roughly 37,300 units. Leading the rankings were Canada, China, and Austria, occupying the second, third, and fourth positions, respectively.