Key Market Indicators
Belgium's vehicle registration is projected to reach 537,000 units by 2026, down 0.6% from 516,000 in 2021. Since 2010, the Belgian market has decline by an average of 3.6% year on year. The country's vehicle production is expected to decrease to 67,300 units by 2026, down 19.1% from 215,000 in 2021. Since 2002, the country's output has dropped 11.6% annually. In 2021, Portugal surpassed Belgium to become the world's 31st biggest producer of vehicles, with the United States, Japan and India taking the lead as the second, third and fourth biggest producers, respectively.
Belgium Automotive Market Data and Forecasts
What is the size of the Belgian Automotive Market in 2022?More in Automotive Industry in major countries
How much will Belgium Automotive Market grow to 2026?
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