Key Market Indicators
New Zealand's road traffic volume is projected to hit 50 billion vehicle-kilometers by 2028, marking a steady increase from the 48 billion vehicle-kilometers recorded in 2023. This growth represents an average annual increase of 0.8%. Historically, the demand for road traffic in New Zealand has seen a slight decline, averaging a 0.2% decrease per year since 1999. Despite this trend, the country held the 6th position in global rankings for road traffic volume in 2023. In a notable shift, Chile surpassed New Zealand in the rankings with an identical road traffic volume of 48 billion vehicle-kilometers. Leading the list were Japan, the United Kingdom, and the Netherlands, occupying the 2nd, 3rd, and 4th positions respectively.