Key Market Indicators
Algerian vehicle registration is projected to decline to approximately 81,900 units by 2028, down from around 104,500 units in 2023. This marks an average annual decrease of 3.8%. Since 2010, the Algerian market has seen a year-on-year decline of 3.9%. In 2023, Algeria ranked 57th globally in vehicle registration, with Ireland surpassing it with the same number of units. Canada, China, and Austria occupied the 2nd, 3rd, and 4th spots, respectively. On the other hand, vehicle production in Algeria is expected to rise significantly. By 2028, production is set to reach approximately 134,100 units, up from around 81,800 units in 2023. This represents an average annual growth rate of 7.7%. Since 2019, Algerian vehicle supply has increased by 3% year on year. In 2023, Algeria ranked 38th worldwide in vehicle production, with Ukraine ahead, also producing around 81,800 units. The United States, Japan, and Germany held the 2nd, 3rd, and 4th positions in production rankings, respectively.
