Key Market Indicators
The registration of commercial vehicles in Burkina Faso is projected to hit approximately 684 units by 2028, up from 611 units in 2023. This marks an average annual growth rate of 1.8%. Since 2010, the Burkinabe market has seen a consistent increase, with an average annual growth rate of 2.6%. Despite this upward trend, Burkina Faso ranked 111th globally in 2023. In the same year, Turkmenistan surpassed Burkina Faso with a matching figure of 611 units. Leading the global rankings, Canada, Mexico, and Argentina secured the second, third, and fourth positions respectively.