Key Market Indicators
Irish car registrations are projected to decline significantly, reaching approximately 30,000 units by 2028, down from around 82,000 units in 2023. This represents a compound annual growth rate (CAGR) decrease of 15.9%. Since 2010, the demand for cars in Ireland has consistently fallen, with an average annual decline of 8.2%. In 2023, Ireland ranked 57th in global car registrations, with Puerto Rico surpassing it by registering the same number of units, approximately 82,000. Indonesia, Austria, and Belgium secured the second, third, and fourth positions, respectively, in the 2023 car registration rankings.
