Key Market Indicators
The registration of commercial vehicles in Macedonia is projected to decline to approximately 425 units by 2028, down from 504 units recorded in 2023. This represents an average annual decrease of 2.6%. Since 2010, the Macedonian market has experienced a yearly decline of 0.4%. In the global ranking for 2023, Macedonia stood at 114th place, with Azerbaijan slightly ahead, also at 504 units. Leading the rankings were Canada, Mexico, and Argentina, holding the second, third, and fourth positions, respectively.