Kazakhstan vehicle market in 2020 gains 29.1% despite the COVID-19 pandemic. Full-year sales have been 92.869, while every month has reported double-digit growth except April when sales declined by 79.1%. Chevrolet impressively reaches the 4th position by jumping 10 spots.
Market Trend
Despite the COVID-19 pandemic, the Kazakhstan vehicles market grew impressively in 2020, reporting positive growth in every month except April.
Following and supporting the rapid economic development, the automotive industry born in the early days of this century, was one of the fastest-growing in the World in the decade ended in 2013. In that year sales at 163.537 units scored the tenth annual all-time record in a row.
The growth was too fast and when the C.I.S. region entered in recession due to the collateral effect of ONU sanctions to Russia, the market dropped down, the price increased, additional tax on the sector, and negative consumer demand.
Performing worse than any expectations, the domestic market dropped down for three consecutive years, losing near 70% of record volume and landing at 46.327 units at the end of 2016. In 2017, a new positive pathway was taken, and in 2018 sales increased at 58.465, recovering 24.4%.
The recovery continued in 2019 when all months have been reported year-on-year growth, ending at 71.940, up 23%.
After starting the year with an extremely positive trend (+25.7%), the market remained positive throughout the entire Q1. The only negative month this year was April when sales declined by 79.1%.
Recovery was immediate as the market grew 23.6% in May and an impressive 62.5% in June. However, the highest increase in sales has been in September, when sales grew 70.3%.
Indeed, Full-Year sales for 2020 have been 92.869, reporting an increase of 29.1% compared to 2019.
Brand-wise, this year the new leader Hyundai (+25.8%) lost 0.5% market share, overtaking Lada (+13.6%), which lost 2.5% share. Toyota on the other hand registered the worst performance on the leaderboard by falling 29%. Chevrolet jumped in 4th position and grew an impressive 1096.8%, followed by Ravon which gained 95.5%.
Kia ended up in 6th position -down 2 spots- and grew 59.7%, followed by Gaz (+20.1%) falling 1 spot and Renault which gained 0.2% sales. Closing the leaderboard we have Volkswagen -up 1 spot- gaining 43.8% this year and JAC entering the leaderboard by jumping 2 spots and gaining 79.9%.
The most sold vehicle this year has been the Lada Granta (+50.1%) with 7.558 units sold, followed by the Ravon Nexia R3, which impressively gained 98.9% registering 5.945 new sales this year. The Hyundai Accent (+47.2%) closes the podium and reports 5.143 new units sold.
Tables with sales figures
In the tables below we report sales for all Brands, top 10 Manufacturers Group and top 10 Models.
