Key Market Indicators
Maltese vehicle registrations are projected to hit approximately 9,850 units by 2028, marking a steady annual growth rate of 1.1% from the current 9,210 units recorded in 2023. This forecast reflects a modest yet consistent upward trend for the Maltese market, which has averaged a 0.3% annual increase since 2010. In the global context, Malta ranked 95th in vehicle registration numbers for 2023, just behind Brunei, which also reported 9,210 units. Leading the global rankings, Canada secured the second position, followed by China and Austria in third and fourth places, respectively.