Key Market Indicators
The commercial vehicle registration in Nepal is expected to reach around 20,400 units by 2026. This marks a 4.8% year-on-year growth from 2021 when it was at 15,140 units. Since 2010, the Nepalese market has increased by 39.2% year-on-year. In 2021, Nepal was ranked 55th in terms of commercial vehicle registration, with New Zealand leading the way at 15,140 units, followed by Mexico, Argentina and Australia.
