Key Market Indicators
Romanian commercial vehicle registrations are projected to surge to approximately 106,000 units by 2028, up from around 71,000 units in 2023. This represents an average annual growth rate of 6.3%. Since 2010, the Romanian market has seen a significant boost, growing by 19.3% year on year. In the global rankings for 2023, Romania held the 35th position, with Ukraine surpassing it with the same number of units registered. In this ranking, Canada, Mexico, and Argentina occupied the second, third, and fourth spots, respectively. Meanwhile, the sales of diesel trucks are expected to hit $292 million by 2028, a slight increase from $289 million in 2023, reflecting an annual growth rate of 0.3%. However, this growth comes after a period of declining demand, which saw a year-on-year decrease of 0.9%. In the diesel truck sales rankings, France, Italy, and Germany were positioned second, third, and fourth, respectively.
