Brunei Vehicle Market is falling down again after the last three years of decline. The negative economic trend and the lower consumer spending both in private and public sectors keep to hit the automotive sector. At September sales fell 7%, with Toyota up 5.5.
Brunei’s economy appeared to be continuing on its path to recovery in Q3. In August, merchandise exports grew at a double-digit rate, driven by strong growth in exports of mineral fuels, which have recovered slightly from last year’s dreary performance. Brunei is benefiting from robust growth in regional trade partners, such as Japan, which received the highest share of Bruneian exports in August. On 1 November, the World Bank named Brunei “the most improved country” in its annual Doing Business report
Brunei vehicles market in the 2013 hit the historical record before to start declining for three years in a string, down to 13.247 units reported in the 2016 and is projected to lose in the 2017 as well, before start recovering next year.
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Indeed, according to data released by the Brunei Automobile Traders Association (BATA), total vehicles sales year to date September have been 8.790, down 7.3%.
Toyota on top of the market is recovering 5.5% with 1.905sales. In second place Suzuki with 1.094 units (-17.4%) and Kia with 793 sales (-38.3%).
Research, Consulting, Data & Forecast
F2M covers intensively this market with several products developed to help any investigation required. Market Researches in PDF are immediately available for download with study on the market since 2005 and with forecast up to the 2022. AutoData in EXCEL are immediately downloadable with annual sales volume, split by month, for all brands and all models distributed in the market. This year data are released year to date, but you will receive a monthly update until the year-end. See details within Brunei Corner Store.
Below, you can sort our interactive tables to see data regarding Brands, Groups and Models. Please bear in mind that sales data are subject to adjustments as sources will update their information. This report is updated at the publishing date and will not be modified while the next on this subject will report year to date data updated.
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