Key Market Indicators
Kazakhstani vehicle registration is projected to reach approximately 381,000 units by 2028, up from around 328,000 units in 2023. This marks an average annual growth rate of 2.4%. Since 2010, the market in Kazakhstan has seen a robust increase of 41.3% year on year. In 2023, Kazakhstan ranked 46th in the world for vehicle registrations, with the United Arab Emirates just ahead at the same level. Canada, China, and Austria held the second, third, and fourth positions, respectively. In terms of vehicle production, Kazakhstan is expected to produce nearly 219,000 units by 2028, up from about 129,000 units in 2023. This represents an impressive annual growth rate of 8.2% on average. Since 2018, the country's vehicle supply has surged by 32.6% year on year. In 2023, Kazakhstan was ranked 36th globally, with Slovenia slightly ahead at the same production level. The United States, Japan, and Germany occupied the second, third, and fourth spots in this category.
