Watch Demo

Iceland Commercial Vehicle Industry Outlook 2024 - 2028

See how Iceland Commercial Vehicle performed compared to key markets such as the United States, Canada and Mexico.

Key Market Indicators

Iceland's commercial vehicle registration is projected to decline to approximately 1,540 units by 2028, down from around 1,600 units in 2023. This marks an average annual decrease of 0.5%. Since 2010, Iceland's market for commercial vehicle registration has experienced a sharper decline, averaging a 4.2% drop each year. In 2023, Iceland was ranked 95th globally in commercial vehicle registration. Uganda edged ahead of Iceland, also with 1,600 units registered. In the broader context, Canada, Mexico, and Argentina secured the second, third, and fourth positions, respectively, in the global ranking for commercial vehicle registration.

Marketing Banner

Iceland Commercial Vehicle Market Data and Forecasts

How much will Iceland Commercial Vehicle Market grow to 2028?

Forecast: Import of Trucks to Iceland
Forecast: Import of Buses to Iceland
More in Commercial Vehicle Industry for 2028