Key Market Indicators
The number of vehicle registrations in New Zealand is projected to decline to approximately 148,000 units by 2028, down from around 149,000 units in 2023. This represents an average annual decrease of 0.1%. Since 2010, the New Zealand vehicle registration market has experienced a yearly decline of 1.7%. In the global ranking for 2023, New Zealand stood at the 55th position, with Slovakia slightly ahead at nearly 149,000 units. Leading the rankings were Canada, China, and Austria, holding the second, third, and fourth positions respectively.
