Kuwaiti Vehicles Market in 2019 the market kept recovering with moderation. Full-year registrations in 2019 have been 114.605, growing (+6.6%) and the 2020 outlook is again moderately positive. Toyota held over 30% of market share while all other players stand well below.
Kuwaiti Vehicles Market grew 0.9% in 2018 interrupting the negative trend of recent years, closing the year with 107.534 units sold. Nissan gained the 2nd place – up 13.3% – behind Toyota, the market leader with 28.4% market share.
Kuwait Auto Market in 2017 lost for the third year in a string suffering for low oil production and politically instability. The lost of 7.8% was marginally mitigated by year-end rush, before VAT introduction. Toyota is market leader ahead of Mitsubishi and Nissan.
Kuwait New Vehicles Sales collapsed in the first half hit by low private consumption despite the economy accelerated stronger than expected. All top brands reported down.
Kuwait Vehicles Market in Q1 2016 kept the negative momentum losing 13.4%. Following the last year rapid development the industry is stepping back involved in the economic negative outlook.
Kuwait Vehicles Market in 2015 was flat as the second half fell down hit by lower consumer’s demand. Perspectives for the 2016 are negative. Toyota hits a new record sales with 33% of market share.
Kuwait Vehicle Market at All-Time record in the 2014, posting the third high in a row albeit this time the growth was really marginal. Toyota gained terrain on top of the list, while Geely is growing fast.
In 2013, the Car market boomed in Kuwait posting the third yearly all-time record in a row, pushed by roaring domestic demand and strong GDP. See Top Brands and models ranking inside.