laos Archives | Focus2Move https://www.focus2move.com/tag/laos-2/ automotive, research, data, statistics, cars, vehicles, ranking, forecast Wed, 29 Nov 2023 17:03:02 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 ASEAN 2023. Best Selling Cars Ranking: Isuzu D-Max collapses 21.1% https://www.focus2move.com/asean-best-selling-cars/ Wed, 29 Nov 2023 17:00:08 +0000 http://focus2move.com/?p=8566 Asean best selling cars ranking up to October 2023 is still dominated by the Toyota Hilux (-7.2%), followed by the Isuzu D-Max (-21.1). The Ford Ranger rises 3 spots into 7th (+15.0%). The Honda HR-V grows 15.5% into 5th spot.

]]> Asean best selling cars ranking up to October 2023 is still dominated by the Toyota Hilux (-7.2%), followed by the Isuzu D-Max (-21.1). The Ford Ranger rises 3 spots into 7th (+15.0%). The Honda HR-V grows 15.5% into 5th spot.

Association of Southeast Asian Nations (ASEAN) is an economic free trade area in South Asia, including the following nations: Thailand, Philippines, Vietnam, Indonesia, Malaysia, Brunei, Laos, Myanmar, and Cambodia.

With regard to the regional best-selling cars ranking, up to September 2023 the leadership is still in the hands of the Toyota Hilux, produced in Thailand, ahead of its competitors with 168,437 units sold (-7.2%), followed closely by the Isuzu D-Max with 135,196 cumulative sales (-21.1%).

The Perodua Myvi closes the podium with 97,151 sales (+7.6%), followed by the Honda City with 89,795 units sold (-6.0%) and the Honda HR-V with 81,494 new registrations (+15.5%).

In sixth place ranks the Mitsubishi X-Pander with 80,629 units sold (+2.3%), followed by the Ford Ranger -up 3 spots- at 71,038 registrations (+15.0%) and the  Toyota Vios with 70,947 sales (-7.4%).

Closing the leaderboard, the Toyota Avanza ranks in 9th with 65,238 units  sold this year (+0.6%) and the Perdue Bezza rises 1 spot into 10th with 58,248 cumulative sales (+7.7%).

Tables with sales figures

In the tables below we report sales for all top 50 models.

This content is for members only. Visit the site and log in/register to read.
]]> ASEAN 2022. Best Selling Cars Ranking: Honda Brio Enters Top 10 https://www.focus2move.com/asean-best-selling-cars-2022/ Thu, 16 Feb 2023 11:30:13 +0000 https://www.focus2move.com/?p=79247 Asean best selling cars ranking of 2022 is still dominated by the Toyota Hilux, followed by the Isuzu D-Max. Honda Brio enters the leaderboard for the first time, while the Honda City loses market share.

]]> Asean best selling cars ranking of 2022 is still dominated by the Toyota Hilux, followed by the Isuzu D-Max. Honda Brio enters the leaderboard for the first time, while the Honda City loses market share.

Association of Southeast Asian Nations (ASEAN) is an economic free trade area in South Asia, including the following nations: Thailand, Philippines, Vietnam, Indonesia, Malaysia, Brunei, Laos, Myanmar, and Cambodia.

With regard to the regional best-selling cars ranking, in 2022 the leadership is still in the hands of the Toyota Hilux, produced in Thailand, ahead of its competitors with 193,086 units sold (+5.8%), followed closely by the Isuzu D-Max with 94,557 cumulative sales (+6.1%).

The Mitsubishi Xpander closes the podium with 94,557 sales (+6.1%), followed by the Toyota Bios with 84,343 units sold (+2.0%) and the Toyota Fortuner – up 4 spots – with 76,099 new registrations (+10.3%).

In sixth place ranks the Honda City -down 3 spots- with 73,140 units sold (-22.2%), followed by the Toyota Avanza -up 1 spot- at 71,997 registrations (+1.8%) and the Ford Ranger -up 2 spots- with 68,255 sales (+0.9%).

Closing the leaderboard, the Honda Brio rises 4 spots into 9th with 65,033 units  sold this year (+24.2%) and the Toyota Rush falls 3 spots into 10th with 61,799 cumulative sales (-13.2%).

Tables with sales figures

In the tables below we report sales for all top 50 models.

This content is for members only. Visit the site and log in/register to read.
]]> ASEAN 2021. Best Selling Cars Ranking https://www.focus2move.com/asean-best-selling-cars-2021/ Fri, 01 Apr 2022 07:59:39 +0000 https://www.focus2move.com/?p=74780 Asean best selling cars ranking final data in 2021 is again dominated by the Toyota Hilux, followed by the Hyundai Staria. The Toyota Rush reaches 7th position, while the Perodua Axia falls out of the leaderboard.

]]> Asean best selling cars ranking final data in 2021 is again dominated by the Toyota Hilux, followed by the Hyundai Staria. The Toyota Rush reaches 7th position, while the Perodua Axia falls out of the leaderboard.

Association of Southeast Asian Nations (ASEAN) is an economic free trade area in South Asia, including the following nations: Thailand, Philippines, Vietnam, Indonesia, Malaysia, Brunei, Laos, Myanmar, and Cambodia.

With regard to the regional best-selling cars ranking, in 2021 the leadership is still in the hands of the Toyota Hilux, produced in Thailand, well ahead of its competitors with 182k units sold (6.5% share), followed in second place by the Hyundai Staria, with 150k units sold (5.3% share).

The Honda City -up 3 spots- closes the podium with 94k units (3.3% share), followed by the Mitsubishi Xpander -up 3 spots- with 89k units (2.9% share) and the Toyota Vios – down 2 spots – with 83k units sold (2.9% share).

In sixth place we have the Perodua Myvi -down 2 spots- with 82k units (2.9% share), followed by the Toyota Rush -up 6 spots- with 71k units (2.5% share) and then by the Toyota Avanza –up 6 spots– with 71k units (2.5% share).

Closing the leaderboard we have the Toyota Fortuner rising 2 spots with 69k units (2.4% share) and the Ford Ranger -down 2 spots- with 68k units (2.4% share).

 

Tables with sales figures

In the tables below we report sales for all top 50 models.

This content is for members only. Visit the site and log in/register to read.
]]> Laos 2021. Leader Toyota Surpasses 50% Share In Market Up In Double-digits https://www.focus2move.com/lao-vehicles-sales/ Fri, 18 Feb 2022 16:00:40 +0000 http://focus2move.com/?p=32325 Laos car market in 2021 rises by 25.5% with 20,910 sales, reporting a very strong performance all year, except for Q3 when sales remained flat. Leader Toyota surpasses 50% market share this year, rising by 51.1%.

]]> Laos car market in 2021 rises by 25.5% with 20,910 sales, reporting a very strong performance all year, except for Q3 when sales remained flat. Leader Toyota surpasses 50% market share this year, rising by 51.1%.

Economic Environment

After GDP growth faced some obstacles in the first half of last year, the economy seemingly remained downbeat in H2: High Covid-19 cases in early July forced authorities to extend social-distancing measures nationwide and tighten them in the capital, Vientiane. However, restrictions seemed to ease slightly towards the end of the year, with the lockdown in Luang Prabang city lifted on 1 November.

Meanwhile, the China-Laos railway was opened in early December, promising deeper access to the Asian giant’s economy. Moving on to this year, Covid-19 infection rates are on the rise with daily case numbers reaching four digits, boding ill for activity ahead. In other news, the IMF concluded its Article IV consultation on 22 December. It highlighted the impact of the health crisis on economic momentum, and pointed out emerging risks stemming from inflation and currency depreciation.

Market Trend

Laos’s car market this year recovered effectively from the pandemic crash, with sales increasing in double-digits in all quarters except for Q3.

Following the rapid development of the market in the years immediately after the end of the dictatorship, in the last three years, the Laos vehicles market suffered from declining sales, despite the still fast-growing economy.

In 2018 the total light-vehicle sales were 19,560, down 7.9% from the previous year. The market lost steam despite in the previous three years several new brands landed in the market and actually all the top brands are on sales, while not all successfully.

In 2019 the market finally moderately recovered with final sales at 21,079 units, up 7.7%. The car passenger segment, which counts 31% of the total light vehicles market, declined 7.2%, but this loss was more than balanced by the growth of the LCVs (mainly pickups) up a robust 16.4%.

Due to the COVID-19 pandemic sales fell in  2020. In fact, 16,666 units have been sold, reporting a decline of 20.9% compared to 2019.

In 2021 the year started positively for the Laos market, in fact, in Q1 5,149 units have been sold, reporting a 28.9% increase in sales compared to Q1 2020, while in Q2 sales started growing quickly, reporting a 42.1% increase in sales with 5,255 units sold due to the incredibly low sales volume registered the previous year.

On the other hand, in Q3 sales remained flat (+0.2%) with just 5,215 units sold, while in Q4 sales rose again by 40.3% with 5,291 units sold.

Laos quarterly sales variation
Laos quarterly sales variation

Brand-wise, this year the leader Toyota (+51.5%) gained 6.9% market share, followed by Hyundai (+32.1%), which gained only 0.1% share. Ford (+33.6%) remained third and gained 0.2% market share.

The most sold model in the country remains the Toyota Hilux with 4,485 sales (+59.2%).

]]> ASEAN 2020. Best selling cars ranking https://www.focus2move.com/asean-2020-best-selling-cars-ranking/ Wed, 10 Mar 2021 10:36:32 +0000 https://www.focus2move.com/?p=73299 Asean best selling cars ranking in 2020 is again dominated by the Toyota Hilux, followed by the Isuzu D-Max. The Honda City enters the leaderboard and lands in 5th position, while the Mitsubishi Xpander falls in 7th place.

]]> Asean best selling cars ranking in 2020 is again dominated by the Toyota Hilux, followed by the Isuzu D-Max. The Honda City enters the leaderboard and lands in 5th position, while the Mitsubishi Xpander falls in 7th place.

Association of Southeast Asian Nations (ASEAN) is an economic free trade area in South Asia, including the following nations: Thailand, Philippines, Vietnam, Indonesia, Malaysia, Brunei, Laos, Myanmar, and Cambodia.

With regard to the regional best-selling cars ranking, in 2020 the leadership is still in the hands of the Toyota Hilux, produced in Thailand, well ahead of its competitors with 171.999 units sold (-16.3%), followed in second place by the Isuzu D-Max, produced in Thailand as well, with 147.591 units sold (-5.4%).

The Toyota Vios -up 5 spots- closes the podium with 83.222 units (-10.2%), followed by the Perodua Myvi -down 3 spots- with 82.341 units and the Honda City – up 7 spots – with 68.639 units sold (-9.6%).

In sixth place we have the Perodua Axia -up 7 spots- with 67.267 units, followed by the Mitsubishi Xpander -down 4 spots- with 66.639 units (-43.6%) and then by the Ford Ranger -down 2 spots- with 63.448 units (-28.8%).

Closing the leaderboard we have the Honda HR-V jumping in 9th position with 52.165 units (-21.3%) and the Toyota Fortuner with 47.880 units (-39.2%).

Tables with sales figures

In the tables below we report sales for all top 50 models.

This content is for members only. Visit the site and log in/register to read.
]]> Laos 2020. Toyota and Hyundai lose share in a market down 20.9% https://www.focus2move.com/lao-vehicles-sales-2020/ Mon, 25 Jan 2021 12:15:00 +0000 https://www.focus2move.com/?p=71443 Laos auto market in 2020 falls by 20.9% as the pandemic,  lockdowns, and fall in tourism affect sales. Full-Year sales have been 16.666, while the leaders Toyota and Hyundai plummet by 33.2% and 42.8% respectively.

]]> Laos auto market in 2020 falls by 20.9% as the pandemic,  lockdowns, and fall in tourism affect sales. Full-Year sales have been 16.666, while the leaders Toyota and Hyundai plummet by 33.2% and 42.8% respectively.

Economic Environment

The pandemic and measures to contain its spread both domestically and abroad have hammered the economy this year. Despite the low number of reported local cases, the global health crisis has dealt an especially severe blow to the tourism sector, investment, and exports—key sources of foreign exchange—worsening the country’s external liquidity problems and increasing credit risks.

Moreover, rising countercyclical spending and falling revenue have derailed the government’s fiscal consolidation efforts. That said, large-scale development initiatives such as the China-Laos railway and other projects relating to mining and tourism continue to progress.

Against this backdrop, the government reopened some local borders in late October and is intensifying its efforts to boost economic prospects and improve the business climate, including by pledging to facilitate investment from the private sector.

Market Trend

Laos car market has been hit in 2020 by the world-wide COVID-19 pandemic and by the consequent drop in tourism, which has impacted sales significantly.

Following the rapid development of the market in the years immediately after the end of the dictatorship, in the last three years, the Laos vehicles market suffered from declining sales, despite the still fast-growing economy.

In 2018 the total light-vehicle sales were 19.560, down 7.9% from the previous year. The market lost steam despite in the previous three years several new brands landed in the market and actually all the top brands are on sales, while not all successfully.

In 2019 the market finally moderately recovered with final sales at 21.079 units, up 7.7%. The car passenger segment, which counts 31% of the total light vehicles market, declined 7.2%, but this loss was more than balanced by the growth of the LCVs (mainly pickups) up a robust 16.4%.

Indeed, Full-Year sales for 2020 have been 16.666, reporting a decline of 20.9% compared to 2019.

Brand-wise, this year the leader Toyota (-33.2%) lost 3.3% market share, followed by Hyundai (-42.8%), which lost 3.4% share. Ford (+1.8%) remained third and gained 0.5% market share.

The most sold model in the country remains the Toyota Hilux with 2.817 sales (-34.2%).

]]> Laos Autos Market Report 2010-2025 https://www.focus2move.com/laos-automotive/ Fri, 13 Mar 2020 06:00:40 +0000 http://focus2move.com/?p=35544 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.

]]> Laos Autos Market 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.

Research Contents

Focus2move Automotive Market Reports provide a comprehensive and extensive overview about this market including information on the cars and light commercial market size, market share and industry trends, with a deep segment analysis and full data for brands and models in the last two years, plus forecast by T.I.V:, segments and brand up to 2025.

We can help you gain further insight into the automotive market trends and gain valuable automotive consumer data.

Make sure you stay one step ahead of your competitors!

Focus2move market analysis can help you make informed business decisions by providing up-to-the-minute automotive industry intelligence.

Contents are:

Historical Data 2010-2019

  1. Global Vehicles Market Data
    1. Global light vehicles sales
    2. Global light vehicles market trend
    3. Global Industry by type
    4. Light Vehicles industry mix
    5. Global car passenger’s sales
    6. Global car passenger’s sales trend
    7. Global LCVs sales
    8. Global LCVs sales trend
    9. Global Premium segment sales
    10. Global Premium segment share on market
  2. Introduction to the country
    1. Geographical position
    2. The country essence
    3. Historical heritage
    4. Key economic findings
  3. Market vehicles industry data & trends
    1. Light Vehicles sales 2010-2019
    2. Light Vehicles trend 2011-2019
    3. Total Industry by Type 2010-2019
    4. Light Vehicles Industry mix 2010-2019
    5. Car passenger’s sales 2010-2019
    6. Car passenger’s sales trend 2011-2019
    7. LCVs sales 2010-2019
    8. LCVs sales trend 2011-2019
    9. Vehicles Fleet 2010-2016
    10. Vehicles Fleet trend 2011-2016
    11. Car Passenger’s Fleet 2010-2016
    12. Car Passenger’s Fleet trend 2011-2016
    13. Commercial Vehicles Fleet 2010-2016
    14. Commercial Vehicles Fleet trend 2011-2016
    15. Total Vehicles production 2011-2017
    16. Total vehicles production variation 2012-2017
    17. Car Passenger’s production 2013-2017
    18. Car Passenger’s production variation 2012-2017
    19. Commercial Vehicles production 2012-2017
    20. Commercial Vehicles production variation 2013-2017
  4. Performance by brand 2018-2019
    1. All Vehicles sales & share table 2018-2019
    2. Car Passenger’s Segment sales & share table 2018-2019
    3. Commercial vehicles sales & share table 2018-2019
    4. Cars Passenger’s Top 10 Brands trend 2010-2019
    5. LCVs Top 10 Brands trend 2010-2019
    6. Top 10 Groups sales volume 2010-2019
    7. Top 10 Groups market share 2010-2019
    8. Top 10 Groups sales volume 2010-2019
    9. Top 10 Groups market share 2010-2019
    10. Top 10 Cars Manufacturers  trend 2010-2019
  5.  Premium Brands performance
    1. Premium brands sales volume 2010-2019
    2. Premium segment market share 2010-2019
    3. Premium brands sales 2017-2019
    4. Premium brands share 2017-2019
    5. Top Models sales 2017-2019
    6. Top models share 2017-2019
  6. Car Passenger’s segmentation
    1. Car Passenger’s segmentation – size 2019
    2. Sales distribution by segment 2019
    3. Segment A share and volumes 2010-2019
    4. Segment B share and volumes 2010-2019
    5. Segment C share and volumes 2010-2019
    6. Segment D share and volumes 2010-2019
    7. Segment E share and volumes 2010-2019
    8. Segment F share and volumes 2010-2019
  7. Car Passenger’s segmentation – Body
    1. Sales distribution by segment 2019
    2. Coupe share and volumes 2010-2019
    3. Hatchback share and volumes 2010-2019
    4. MPV share and volumes 2010-2019
    5. Sedan share and volumes 2010-2019
    6. SUV share and volume 2010-2019
  8. Car Passenger’s models performance
    1. Best-selling models – Cars Top 10 sales 2019
    2. Best-selling models – Cars Top 10 share 2019
    3. All models sales and share – Cars 2017-2019
  9. CVs segment analysis & data
    1. CVs mix evolution 2010-2019
    2. CVs segments mix 2019
    3. Light Bus sales and trend 2010-2019
    4. Van Small sales and trend 2010-2019
    5. Van Mid sales and trend 2010-2019
    6. Van Large sales and trend 2010-2019
    7. Pick ups sales and trend 2010-2019
    8. LCV Truck sales and trend 2010-2019
    9. LCV Truck sales and trend 2010-2019
    10. Top 10 models sales and market share 2019
    11. All models sales and share – LCVs 2018-2019
  10. LCVs models performance
    1. Best-selling models – Top 10 sales 2019
    2. Best-selling models – Top 10 share 2019
    3. All models sales and share 2018-2019

Outlook 2020-2025

  1. Global Mega Trends
    1. Regional Production System
    2. Global Vehicles Architecture
    3. Towards Zero Emission
    4. Safety First
    5. Integrated Mobility System
    6. Social Individual Consumer
    7. Connected Mobility
  2. Global Vehicles Market Forecast 2020-2025
    1. Light vehicles salesLight vehicles sales trend
    2. Global Industry
    3. Light vehicles industry mix
    4. Car Passenger’s sales volume
    5. Car Passenger’s sales trend
    6. LCVs sales volume
    7. LCVs sales trend
    8. Premium segment sales volume
    9. Premium segment sales trend
  3. Local Vehicles Market Mega Trends 2020-2025
    1. Demographics
    2. Economic Development
    3. Infrastructures
    4. Business Environment
    5. Key Factors – direct & indirect
  4. Local Vehicles Market Forecast 2020-2025
    1. Light vehicle Sales Volume
    2. Light vehicle sales trend
    3. Total industry
    4. Light vehicles sales trend
    5. Car Passengers Sales Volume
    6. Car Passengers sales trend
    7. LCVs Sales Volume
    8. LCVs sales trend
    9. Premium segment sales evolution
    10. Premium segment share of market
  5.  Brand Performance Forecast 2020-2025
    1. Top 10 Brands C.A.G.R. 2020-2025
    2. Top 11-20 Brands C.A.G.R. 2020-2025
    3. Top 10 Brands sales volume forecast 2020-2025
    4. Top 10 Brands market share 2025
    5.  All Brands sales and share tables 2020-2025
  6. Car Passenger’s Segments Forecast 20120-2025
    1. Body size segmentation
      1. Segment A sales and trend
      2. Segment B sales and trend
      3. Segment C sales and trend
      4. Segment D sales and trend
      5. Segment E sales and trend
      6. Segment E sales and trend
    2. Body style segmentation
      1. Hatchback sales and trend
      2. MPV sales and trend
      3. Sedan sales and trend
      4. SUV sales and trend
      5. Coupè sales and trend
  7. LCVs segments Forecast 2020-2025
    1. Van Light sales and trend
    2. Van Mid sales and trend
    3. Van Large sales and trend
    4. Bus light sales and trend
    5. Pick up sales and trend
    6. LCVs Truck sales and trend

AX – Sources
AX – Methodology

]]> ASEAN best selling cars. The top in 2019 https://www.focus2move.com/asean-best-cars/ Wed, 26 Feb 2020 10:00:22 +0000 https://www.focus2move.com/?p=69701 Asean best selling cars in 2019 was again the Toyota Hilux, widening the gap from the main follower, the Isuzu D-Max, which fell 9.2%. The Mitsubishi Xpander and the Toyota Rush landed respectively in 3rd and 6th place, while the best 10 brand was the Toyota Agya, soaring 142.2%.

Association of Southeast Asian Nations (ASEAN) is an economic free trade area in South Asian, including the following nations: Thailand, Philippines, Vietnam, Indonesia, Malaysia, Brunei, Laos, Myanmar and Cambodia.

Economic Environment

ASEAN regional economy has grown less than anticipated, resulting in slight downward revisions to growth forecasts which now stand at 4.8 percent (2019) and 4.9 percent (2020), down from 4.9 percent and 5.0 percent, respectively. Meanwhile, regional inflation for 2019 was expected to fall to 2.4 percent from the previous forecast of 2.6 percent.

Best Selling Cars

With regard to the regional best-selling cars ranking, in 2019 the leadership was still in the hands of the Toyota Hilux, produced in Thailand, well ahead of the list with 6.3% of share, gaining 5.8% from the previous year .

In second place with a growing gap to the leader, the Isuzu D-Max, produced in Thailand as well, holding 4.8%  while losing 9.2%.

Third was the Mitsubishi Xpander with 3.8% of share followed by the Toyota Avanza with 3.1% and the Toyota Vios – up 2 spots – with 2.8%.

In sixth place the Toyota Rush with 2.6% followed by the Perodua Myvi with 2.5%.

The Toyota Agya landed in 8th place with a stunning performance, ending at 2.5%, ahead of the Ford Ranger with 2.6% and the Toyota Fortuner with 2.4%.

Rank 2019Rank 2018ModelSales 20192019 Var
11Toyota Hilux203.5235,8%
22Isuzu D-Max155.747-9,2%
35Mitsubishi Xpander123.61131,4%
43Toyota Avanza102.4645,8%
57Toyota Vios91.6596,1%
613Toyota Rush82.72127,5%
710Perodua Myvi81.966-0,2%
832Toyota Agya79.631142,2%
99Ford Ranger79.350-3,9%
1011Toyota Fortuner77.585-2,0%
1160Honda Brio76.554458,9%
128Honda City74.844-13,1%
136Honda HR-V68.770-23,6%
1412Perodua Axia67.267-5,0%
1524Suzuki Carry Pick Up65.11844,1%
16517TOYOTA Kijang57.225
1717Daihatsu Sigra52.2832,7%
1821Toyota Yaris51.8778,7%
1920Mitsubishi Triton49.9702,8%
2018Mazda247.119-7,3%
2116Honda Jazz47.062-11,1%
2219Perodua Bezza45.656-8,5%
2325Honda CR-V44.675-0,1%
2423Nissan Navara41.414-8,9%
2528Suzuki Ertiga41.106-2,8%
2626Honda Civic39.453-8,2%
2774Mitsubishi L30039.096318,3%
2846Proton Saga38.15390,1%
2927Daihatsu Gran Max PU35.926-15,5%
3029Nissan Almera35.673-9,8%
3131Mitsubishi Pajero Sport31.809-10,7%
324Toyota Innova31.144-67,1%
3338Toyota Hiace28.7176,2%
3433Toyota Yaris Ativ28.072-13,4%
3544Toyota Wigo26.72825,9%
3630Toyota Corolla25.225-31,6%
3734Daihatsu Terios22.964-27,0%
3839Daihatsu Ayla22.108-18,0%
3945Proton Persona21.8764,0%
4035Daihatsu Xenia21.674-26,6%
4163Toyota Camry20.97963,7%
4237Mazda CX-520.518-25,2%
4348Ford Everest19.2572,4%
4436Honda Mobilio18.425-34,5%
4547Mitsubishi Attrage17.346-9,7%
46324Isuzu NMR16.40216809,3%
4767Wuling Confero16.33239,9%
4815Perodua Alza16.200-71,8%
4940Honda BR-V15.861-39,7%
5054Proton Iriz15.846-0,3%

]]> Laos 2019. Auto industry recovers after three lost https://www.focus2move.com/lao-vehicles-sales-2019/ Sat, 01 Feb 2020 16:36:22 +0000 https://focus2move.com/?p=59405 Laos vehicles sales in the 2019 the market is finally moderately recovering  with sales at 21.078 units, up 7.7%. The car passenger segment, which count 31% of the total light vehicles market, declined 7.2%, but this lost was more than balanced by the growth of the LCVs (mainly pickups) Toyota holds the crown with 37.5% of share, followed by Daehan, which is recovering from the previous years' decline.

]]> Laos vehicles sales in the 2019 the market is finally moderately recovering  with sales at 21.078 units, up 7.7%. The car passenger segment, which count 31% of the total light vehicles market, declined 7.2%, but this lost was more than balanced by the pickups growth.

Economic Environment

Laos economy growth likely remains robust, buttressed by the ongoing construction of the flagship Laos-China railway. Moreover, the recent start of operations at the 1285-megawatt Xayaburi Dam should be supporting the external sector, while merchandise exports were up over 9% in H1, which, coupled with modest import growth, caused the trade deficit to fall year-on-year. Less positively, however, the expansion in credit slowed considerably in Q1–Q3 compared to the 2018 average.

Economic growth should be broadly stable next year, supported by infrastructure investment and stronger electricity exports thanks to new hydropower projects. However, fiscal austerity could hold back activity somewhat. A shaky external position, fairly high public debt and significant exposure to China pose downside risks to the outlook.

Market Trend

Following the rapid development of the market in the years immediately after the end of dictatorship, in the last three years the Laos vehicles market suffered with declining sales, despite the still fast growing economy.

In the 2018 the total light vehicles sales were 19.560, down 7.9% from the previous year. The market lost steam despite in the previous three years several new brands landed in the market and actually all the top brands are on sales, while not all successfully.

In the 2019 the market finally moderately recovered with final sales at 21.078 units, up 7.7%. The car passenger segment, which count 31% of the total light vehicles market, declined 7.2%, but this lost was more than balanced by the growth of the LCVs (mainly pickups) up a robust 16.4%.

The market was dominated by Hyundai until the 2015. But when the doors have been fully opened to competitions Toyota has taken the leadership improving the market share year after year, up to a record of 37.9% in the 2018, losing over 1 point of share in the 2019.

Hyundai declined and actually is third, behind the local brand Daehan, specialized in light trucks and pickups, which in the 2019 recovered 6 points of share.

Tables with sales figures

In the tables below we report sales for top Brands

This content is for members only. Visit the site and log in/register to read.
]]> Laos 2018. Sales down again but 2019-2025 Outlook shines https://www.focus2move.com/lao-vehicles-sales-2018/ Mon, 14 Jan 2019 15:41:00 +0000 https://focus2move.com/?p=56099 Lao vehicles sales were negative again in the 2018 as in the previous three years, mainly due to the fall of HCVs and the over 50% sales lost by the local producer, Daeham. Toyota dominates with over 40% of market share. The 2019-2025 outlook is positive.

]]> Lao vehicles sales were negative again in the 2018 as in the previous two years, mainly due to the fall of HCVs and the over 50% sales lost by the local producer, Daeham. Toyota dominates with over 40% of market share. The 2019-2025 outlook is positive.

Economic Environment

Laos economy grew 6.7% in the 2018 on strong manufacturing and services sectors, likely among the fastest expansions in the region and began 2019 on a strong footing.

Hydroelectric generation should remain a key driver of growth in Q1, while infrastructure projects, such as the Laos–China railway and the building of several hydropower dams, should also propel momentum. That being said, agricultural output, particularly of rice, is likely being hampered by damage caused by flooding last year.

In early February, the government unveiled its National Development Vision for 2021–2025. The plan aspires to steer the country away from natural resource dependency and to bolster the private sector through pro-business reforms and improved access to business capital.

Market Trend

Following the rapid development of the market in the years immediately after the end of dictatorship, in the last three years the Laos vehicles market suffered with declining sales, despite the still fast growing economy.

In the 2018 the total sales were 21.290, down 7.9% from the previous year. Figures include the Heavy Commercial and Bus vehicles (1.739 units) and the Light vehicles (cars + LCVs) which has been 19.551 (-5.8%). Among the light vehicles, the commercial have over 50% of mix with car passenger’s sales just over the 9.000 units.

The market has lost steam despite in the last three years several new brands landed in the market and actually all the top brands are on sales, while not all successfully. In the market there are also several Chinese brand, with Wuling as best seller, with 107 sales in the 2018.

The market leader is Toyota with a huge market share (in light vehicles), over 35%.

The best followers are the local brand Daehan with 17.1% of share and Hyundai with 14.1% of share. Behind, we find Kia, Ford and Mazda.

With near 4k sales in the 2018, the pick up Toyota Hilux is the best selling model in the country.

Tables with sales figures

In the tables below we report sales for top Brands

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