Key Market Indicators
Maltese car registrations are projected to hit 8,850 units by 2028, marking a 1.1% average annual growth from the 8,270 units recorded in 2023. This upward trend reflects a steady increase in demand, which has been rising by 0.4% annually since 2010. In 2023, Malta ranked 92nd globally in car registrations, with Ivory Coast surpassing it by matching Malta's 8,270 units. Leading the global rankings were Indonesia, Austria, and Belgium, occupying the second, third, and fourth spots, respectively. These figures suggest a modest yet consistent growth trajectory for Malta's automotive market over the coming years.
