The Philippines Commercial Vehicle Registration is set to reach 110,630 Units by 2027 from 132,970 Units 2022, fell by 5.2% per year. Since 2010, the market was up 2.7% year on year reaching 28,459,000 Units. The country was number in 2022, overtook 132,970 Units. , and respectively were numbers 2, 3 and 4 in this ranking.
How does the Philippines rank in Commercial Vehicles Registrations?
| # | 128 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 6,923,300 | 2023 | -39.12% | -11% | View data |
| 2 | 2 Canada | 6,208,700 | 2023 | +375.95% | +34.56% | View data |
| 3 | 3 Mexico | 5,289,200 | 2023 | +716.89% | +57.93% | View data |
| 4 | 4 Argentina | 4,295,700 | 2023 | +2830% | +86.07% | View data |
| 5 | 5 China | 3,509,400 | 2023 | +6.33% | -4.3% | View data |
| 24 | 24 South Africa | 156,400 | 2023 | -5.71% | -3.51% | View data |
| 25 | 25 Hungary | 144,360 | 2023 | +500.3% | +44.33% | View data |
| 26 | 26 Philippines | 140,490 | 2023 | +5.66% | -1.1% | |
| 27 | 27 Spain | 133,930 | 2023 | -7.91% | -11.16% | View data |
| 28 | 28 Chile | 123,560 | 2023 | +9.16% | +3.87% | View data |
