Oman Vehicles Market in 2023 falls for the 11th month in a row, with figures at 55,547 down 13.7% from the previous year. Market hasn’t yet fully recovered from covid.
Market Trend and Outlook
Oman’s light vehicle market in 2023 falls for the 11th month in a row, with registrations at 55,547 (-13.7%). Sales in December totalled 4,615 units (-23.1%).
Looking at cumulative data up to December 2023 brand-wise, the leader Toyota is on top of the rankings with 48.3% market share and 26,841 sales (-10.9%) and a huge gap over all others.
In second place MG -up 1 spot- with 5,131 units sold (-0.5%), followed by the Hyundai -up 1 spot- reporting a slight gain in volume and accumulating 3,744 sales (+5.9%).
Looking at specific models the Toyota Land Cruiser gains leadership despite reporting a 8.1% year-on-year loss in sales, followed by the Toyota Hilux down 36.3%.
Tables with sales figures
In the tables below we report sales for top 10 Brands and top 10 models.
