Key Market Indicators
Estonia's commercial vehicle registration is projected to climb to approximately 5,950 units by 2028, marking a steady increase from the 5,480 units recorded in 2023. This growth represents an average annual rate of 1.4%. Since 2010, the Estonian market has seen an average yearly increase of 1.6%. In the global rankings for 2023, Estonia was placed 74th, with Iran just ahead, also recording 5,480 units. Leading the rankings were Canada, Mexico, and Argentina, occupying the second, third, and fourth spots, respectively.