Kuwaiti Vehicles Market in 2023 grows for 10 months. Total sales reach 140,519 up 17.1% from the previous year. Market leader Toyota continues to increase the gap (+6.4%)on followers.
Market Trend and Outlook
The Kuwaiti Vehicles Market in 2023 grew 17.1% from the previous year, totalling 140,519. December grows for the 10th month of the year, with 13,320 new registrations (+14.1%).
Looking at cumulative data up to December 2023 brand-wise, the leader Toyota at 43,319 sales is back above 30.9% market share and reports a 6.4% growth in registrations from the prior year. Nissan lags far behind in second, rising 1 spot with 11,106 sales (+45.0%).
Kia rises 2 spots into 3rd with 8,466 new registrations and a 43.2% growth year-on-year volume.
Looking at specific models the Toyota Land Cruiser becomes the new best seller rising 1 spot and 49.6% in year-on-year volume, followed by the Toyota Prado down 51.1%. and 1 spot.
Tables with sales figures
In the tables below we report sales for top 10 Brands and top 10 models.
