Key Market Indicators
In 2019, Palestinian car registrations saw a significant decline, with only 110 units registered. This marks a sharp decrease of 25% from the 150 units registered in 2018. The downward trend is even more pronounced when looking at the long-term data. Since 2010, the demand for cars in Palestine has plummeted by over 65% year-on-year. This sustained drop highlights a broader issue affecting the automotive market in the region.