Key Market Indicators
Irish commercial vehicle registrations are projected to plummet to approximately 11,100 units by 2028, a sharp decline from the 23,500 units recorded in 2023. This marks an average annual decrease of nearly 12%. Since 2010, the Irish market has experienced a steady downturn, averaging a 1.7% decrease each year. In the global rankings for 2023, Ireland held the 52nd position, with Switzerland surpassing it by registering 23,500 units. Canada, Mexico, and Argentina secured the second, third, and fourth spots, respectively.
