Key Market Indicators
Bosnia's commercial vehicle registration is projected to rise to 1,510 units by 2028, marking an increase from 1,400 units in 2023. This growth represents a compound annual growth rate (CAGR) of 1.3% year-on-year. Since 2010, the Bosnian market has grown at a rate of 1.1% annually. In the global ranking for 2023, Bosnia secured the 100th position, with New Caledonia surpassing it by reaching 1,400 units. Leading the rankings were Canada, Mexico, and Argentina, occupying the second, third, and fourth places respectively. Meanwhile, diesel truck sales are set to hit approximately $53.7 million by 2028, up from $53 million in 2023. This indicates a modest growth rate of 0.2% year-on-year on average. However, demand has seen a decline of 1.1% annually. In terms of diesel truck sales, France, Italy, and Germany were the prominent leaders, ranking second, third, and fourth in the global market respectively.
