Key Market Indicators
Costa Rica's commercial vehicle registrations are projected to drop slightly to 6,150 units by 2028, down from 6,240 units in 2023, reflecting a modest 0.2% annual decline. The country's market had been growing at a similar rate of 0.2% per year since 2010. In the global ranking for 2023, Costa Rica held the 72nd spot, just behind Belarus, which registered 6,240 units. Canada, Mexico, and Argentina ranked second, third, and fourth, respectively. In the diesel truck market, sales in Costa Rica are expected to reach $112 million by 2028, up from $111 million in 2023, marking a 0.2% annual growth. This follows a 1% year-on-year increase in demand. On the global stage, France, Italy, and Germany occupied the second, third, and fourth positions in diesel truck sales, respectively.
