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Bulgaria Commercial Vehicle Industry Outlook 2024 - 2028

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

Key Market Indicators

Bulgarian commercial vehicle registrations are projected to decline to approximately 22,300 units by 2028, down from about 25,900 units in 2023. This represents an annual compound growth rate (CAGR) decrease of 2.4%. Despite this forecasted drop, the Bulgarian market has experienced substantial growth over the past decade. Since 2010, vehicle registrations in the country have surged by nearly 38% annually. In 2023, Bulgaria was ranked 50th in global commercial vehicle registrations. Leading the list was Portugal, with a similar figure of 25,900 units. Canada, Mexico, and Argentina followed closely, securing the second, third, and fourth spots, respectively.

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Bulgaria Commercial Vehicle Market Data and Forecasts

What is the size of the Bulgarian Commercial Vehicle Market in 2024?

Trucks Market Size Value in Bulgaria
Fork-Lift Trucks Market Size Value in Bulgaria
Trucks Market Size Value Per Capita in Bulgaria
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How much will Bulgaria Commercial Vehicle Market grow to 2028?

Forecast: Trucks Market Size Value in Bulgaria
Forecast: Import of Trucks to Bulgaria
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