Moldova 2017. Dacia leader in a +31% market

Moldavian Vehicles Market Dacia-Duster-2018

Moldavian Vehicles Market was very positive in the 2017 with an amazing Q4 performance, ending at the best level in a decade, at 5.500 units, with a substantial +31% from the previous year. Market leader is Dacia, ahead of Skoda.

Moldova economic growth in the final quarter overshot the third quarter’s marked upturn. Industrial output expanded at a stellar pace in November, albeit moderating slightly from October’s 18-month high. Average annual growth in industrial production in the first two months of the fourth quarter beat the previous quarter’s average. Exports rose 18.4% year-on-year in the January–November period, helping narrow the trade deficit in annual terms

Moldavian vehicles market in recent years fluctuated between the 4 and 5 thousand annual sales due to continue changes in import rules and uncertain economy, ending the 2016 with 4.195 sales. However, during the last year the environment improved and new vehicles demand increased 31.4% with sales up at 5.512.

  Sales 2012 Sales 2013 Sales 2014 Sales 2015 Sales 2016 Sales 2017 Sales 2018 e
Car+LCV 4.356 4.342 5.020 3.537 4.195 5.512 5.780

  2012 Var 2013 Var 2014 Var 2015 Var 2016 Var 2017 Var 2018 var e
Car+LCV 10,0% -0,3% 15,6% -29,5% 18,6% 31,4% 4,9%

The outlook for the 2018 is positive.

Market leader is Dacia with 19.8% of market share and 1.090 sales (+50.6%) followed by  Skoda with 698 (+7.4%) and Hyundai with 615 (+14.1%).

 

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Laos Automotive Report 2010-2025

Laos Automotive Report 2010-2025 features historical data and insights plus professional forecast on new vehicles sales by type, manufacturer, brand and model providing an easy-to-use picture of current and future competitive landscape.