Key Market Indicators
New Caledonian commercial vehicle registrations are projected to plummet to approximately 490 units by 2028, down from around 1,410 units in 2023. This marks an average annual decline of 16.5%. The commercial vehicle market in New Caledonia has been on a downward trajectory since 2010, with an average yearly decrease of 11.9%. In 2023, the country ranked 99th globally in commercial vehicle registrations, with Cyprus overtaking it at 1,410 units. Leading the rankings are Canada, Mexico, and Argentina, securing the second, third, and fourth positions, respectively.
