Key Market Indicators
Zimbabwe's commercial vehicle registrations are projected to decline to approximately 1,530 units by 2028, down from around 1,750 units in 2023. This represents an average annual decrease of 2.1%. Since 2010, the Zimbabwean market has experienced an average yearly decline of 10.3% in commercial vehicle registrations. In 2023, Zimbabwe was ranked 93rd globally in this sector. Latvia slightly outpaced Zimbabwe with 1,750 units registered. Leading the rankings were Canada, Mexico, and Argentina, holding the second, third, and fourth positions respectively.
