Key Market Indicators
Malawi's vehicle registration is projected to decline to approximately 1,310 units by 2028, down from 1,460 units in 2023. This represents an average annual decrease of about 1.7%. Since 2010, the Malawian market has experienced a yearly decline of 0.7%. In the global ranking for 2023, Malawi held the 118th position, with Gabon surpassing it at 1,460 units. Leading the global rankings were Canada, China, and Austria, occupying the second, third, and fourth positions, respectively.
