Myanmar

Myanmar auto market in 2020 falls by 19.5% as the pandemic,  lockdowns, and fall in tourism affect sales. Full-Year sales have been 15.721, while the leader Suzuki halves its sales and loses an impressive 11.4% market share.

Myanmar Vehicles Industry at the new all time record! Indeed, following the recent years of rapid growth, in the 2019 the market struggled for the first three quarter, but the strong demand in Q4 allowed a recovery with final figures up 3.1% at 19.136. Suzuki is the king with share near 50% ahead of Toyota and Nissan.

Myanmar Vehicles Industry dramatically changed in the 2018, with volumes increased 71.6%, hitting an all-time record with 11.882 units sold. The introduction of several restrictions on right-hand-drive imports and the opening of a new Ford plant has boosted demand.

Myanmar Cars Market in the 2017 kept momentum with a steady growth, following the huge increase posted in the previous year. Toyota is market leader ahead of Suzuki and Ford. No effects from new limits to pre-owned vehicles import.

Myanmar Auto Sales 2016 at the new all time record again albeit disappointing steps in economic activity and delay on investment regulations. Suzuki celebrates the start of local plant jumping in second place.

Myanmar Vehicles Market in 2015 jumped up sustained by a strong economic growth. The market is mainly driven by demand for commercial vehicles and Toyota plays the rule of market leader.