Key Market Indicators
Vehicle registrations in Morocco are predicted to reach 161,670 units by 2026, up from 140,340 units in 2021. This equates to an average annual growth rate of 1.1%. Since 2010, Moroccan vehicle registrations have declined by 3% each year. Vehicle production in Morocco is expected to reach 555,830 units by 2026, up from 441,450 units in 2021. This equates to an average annual growth rate of 3.6%. Since 2004, Moroccan vehicle supply has grown by 5.1% each year. Morocco was the 25th largest producer in 2021, behind Argentina which had 441,450 units. The United States, Japan and India ranked second, third and fourth respectively.
