Key Market Indicators
Malta's commercial vehicle registrations are projected to hit approximately 975 units by 2028, according to recent forecasts. This represents an annual growth rate of about 0.9% from the 923 units registered in 2023. The market has shown no significant year-on-year growth since 2010, remaining relatively stagnant. In 2023, Malta was ranked 106th globally in commercial vehicle registrations. Tanzania edged just ahead of Malta with 923 units. Meanwhile, Canada, Mexico, and Argentina secured the second, third, and fourth positions, respectively, in the global rankings for commercial vehicle registrations.
