Key Market Indicators
Zambian car registrations are projected to plummet to approximately 258 units by 2028, a sharp decline from 714 units in 2023. This represents an average annual decrease of 16%. Since 2010, Zambia has experienced an 8.6% yearly drop in car registrations. In the 2023 rankings, the country placed 118th, with Botswana surpassing Zambia at 714 units. Globally, the top positions in car registrations were held by Indonesia, Austria, and Belgium, occupying the second, third, and fourth spots, respectively.
