Key Market Indicators
Ivorian vehicle registration is projected to climb to approximately 14,940 units by 2028, marking a steady growth from the 12,590 units reported in 2023. This represents a compound annual growth rate (CAGR) of 2.8% over the five-year period. Since 2010, the Ivorian market has consistently expanded, boasting an average annual growth rate of 5.5%. Despite this progress, the country ranked 87th globally in 2023, with Cyprus surpassing it with the same number of registered units. In the broader international landscape, Canada, China, and Austria secured the second, third, and fourth positions respectively in vehicle registration rankings.
