Tanzanian Vehicles Market in the 2019 has lost 14.5%, mainly due to a very low Q4, ending the year with only 1.74 sales, the lowest level in this decade. . The top three brands, Toyota, Ford and Nissan control over 60% of the market. The outlook for the 2020 is moderately positive.
Tanzanian Vehicles Market in the 2018 was flat. Sales improved only 1.9% at 2.290 units despite the economy's solid growth. Toyota kept the crown, holding 30% of the market, ahead of Ford and Nissan. Impressive performances were scored by Mitsubishi and Volkswagen.
Tanzania Auto Market is not yet reflecting the positive economic momentum of this Central East African market. The still low pro-capita income, the poor road infrastructures and the absence of limits to obsolete vehicles import are blocking any potential.
Tanzania Vehicles Market 2016 was again almost stable with a volume just below the 4.000 units, this time including the heavy commercial and bus data. While Toyota is leader among cars, Tata dominates the HCVs segment.
Tanzania Car Sales in 2015 has lost terrain with sales just above the 3.5k (including HCVs). Disappointing the expectations for a progressive increase of vehicles demand, the industry stands at very low-level while used cars flourished. Toyota Hilux dominates.
Tanzania Vehicle Market represents a great future opportunity for the development of the country, actually one of poorest worldwide, and occasion for new business for vehicles and accessories manufacturers.