Key Market Indicators
Kazakhstan's car registration is projected to surge to approximately 745,000 units by 2028, up from around 411,000 units in 2023. This marks an average annual growth rate of 9.2%. Since 2010, the demand for cars in the country has risen by 50.7% each year. In 2023, Kazakhstan ranked 35th in terms of car registrations, with the Netherlands slightly ahead at 411,000 units. Leading the rankings were Indonesia, Austria, and Belgium, occupying the second, third, and fourth spots respectively. Meanwhile, Kazakhstan's car production is expected to reach about 212,000 units by 2028, an increase from roughly 121,000 units in 2023. This represents an average annual growth rate of 8.7%. Since 2018, the country's car supply has grown by 32.3% annually. In 2023, Kazakhstan was the 37th largest car producer, trailing behind Vietnam, which also had a production volume of 121,000 units. Japan, Germany, and India were the top three producers in this category.
