Key Market Indicators
Croatian vehicle registrations are projected to skyrocket to approximately 1.38 million units by 2028, marking a significant leap from the current 729,000 units registered in 2023. This represents an average annual growth rate of 9.9%. Since 2010, Croatia's vehicle registration market has seen a robust expansion, growing by more than 60% annually. In 2023, Croatia held the 31st position globally in terms of vehicle registrations. The country was overtaken by Uzbekistan, which also registered around 729,000 units this year. Leading the global rankings, Canada, China, and Austria secured the second, third, and fourth spots, respectively. This upward trend reflects Croatia's burgeoning automotive market, positioning it as a notable player on the international stage.
