Yemeni car market in 2021 rises by 61.2% with 8,507 sales, reporting a very strong performance all year. Toyota holds 94.4% market share, and remains the undiscussed leader.
Market Trend
The Yemeni car market this year attempted to recover from the pandemic crash of 2020 and reported a very promising performance all year, growing in very quickly in Q2, Q3 and Q4.
The market collapsed in the past years. From the 14,696 vehicles sold in 2013, the industry dropped to only 3,025 in 2016, before showing a little recovery in 2017, mainly in the second half, with 3,938 units. In 2018 improved for the second consecutive year, ending with sales up 37.8% at 5,231 units.
In 2019, the market started improving at an outstanding pace. Indeed, the Full-year ended with registrations at 8,483, booming 62.2%.
Due to the COVID-19 pandemic sales fell in 2020. In fact, 5,276 units have been sold, reporting a decline of 37.8% compared to 2019.
In 2021 the year started positively for the Yemeni market, in fact, in Q1 1,975 units have been sold, reporting a 5.8% increase in sales compared to Q1 2020, while in Q2 growth accelerated, reporting a 73.1% increase in sales with 2,405 units due to the incredibly low sales volume registered in Q2 2020.
In Q3 sales rose 134.7% with 2,469 units sold, and in Q4 sales increased by 71.3% with 1,658 units sold.
Indeed, Full-Year sales for 2021 have been 8,507, reporting a 61.2% increase compared to 2020.
Brand-wise, this year the leader Toyota (+57.3%) lost 2.3% market share, at 94.4% market share, followed by Land Rover with 2.1% share, and Suzuki which gained 0.4% share, rising 161.1%.
The most sold vehicle this year is the Toyota Hilux (+114.2%) with 3,700 units sold, followed by the Toyota Land Cruiser (+0.8%) registering 1.984 new sales this year. The Toyota Land Cruiser P/U (+191.7%) closes the podium and reports 1,485 new units sold.
Tables with sales figures
In the tables below we report sales for top 7 brands.
