Key Market Indicators
Egyptian commercial vehicle registrations are projected to climb to nearly 47,720 units by 2028, up from approximately 42,400 units in 2023. This represents an average annual growth rate of 1.9%. Since 2010, the Egyptian market has experienced consistent growth at this rate. In 2023, Egypt ranked 44th globally for commercial vehicle registrations, with Taiwan surpassing it at the same figure of 42,400 units. Leading the rankings were Canada, Mexico, and Argentina, occupying the second, third, and fourth positions respectively.
