Key Market Indicators
Israeli commercial vehicle registration is projected to decline slightly over the next five years, reaching approximately 233,000 units by 2028. This marks a 0.3% year-on-year decrease from the 2023 figure of around 238,000 units. Since 2010, the Israeli market experienced notable growth, increasing by 76.2% year on year. Despite this growth, Israel ranked 18th in 2023 for commercial vehicle registrations. The United Kingdom led the category in 2023, with Canada, Mexico, and Argentina following in second, third, and fourth places, respectively.
