Turkmenistan 2016. Low oil price and political isolation penalized the market

Turkmenistan

By far the most mysterious and unexplored of Central Asia’s ‘stans, Turkmenistan became famous for the truly bizarre dictatorship of Saparmyrat Niyazov, who ruled as ‘Turkmenbashi’ (‘leader of the Turkmen’) until his death in 2006. Niyazov covered this little-known desert republic with golden statues of himself and grandiose monuments to the achievements of his ‘golden age’. But the least-visited of Central Asia’s countries is far more than the totalitarian theme park it’s often portrayed as being – it is an ancient land of great spirituality, tradition and natural beauty. The ancient cities of Merv and Konye-Urgench inspire visions of caravans plodding along the ancient Silk Road, while the haunting beauty of the Karakum Desert and other quirky natural phenomena are less expected but equally mesmerising.

Turkmenistan cars market. The 2015 sales data reported

Turkmenistan cars market is one of the smallest in the World despite the middle Asian country has a population near 6 million people with GDP in rapid increase. In the 2015 the market grew 18% with Hyundai as leader.

April 16, 2016