Reunion’s auto market in 2022 totaled 30,75 sales, an 8.2% loss from the prior year. All months of the year posted a loss in volume.
Market Trend and Outlook
Reunion’s vehicle market in 2022 totaled 30,075 sales, an 8.2% loss from the prior year. Every month of the year reported a loss in market volume.
Looking at cumulative data from 2022 brand-wise, this year the leader Peugeot lost 6.7% in new sales (19.2% share), followed by Renault down 8.2% with 16.3% market share. Citroen in third lost 9.1% from the previous year.
Medium-Term Market Trend
Reunion automotive industry is a beautiful reality near the African coast and in the last years is reporting continue improvements sustained by a healthy economy and stable political and social environment. In the last six years market has grown up hitting in 2018 another all-time record, with sales at 32,832 (+4.9%).
In 2019 33,419 units were sold, reporting a 2% increase in sales compared to the previous year, illustrating a stable market.
Due to the COVID-19 Pandemic full-Year sales for 2020 have been 28,865, reporting a decline of 13.6% compared to 2019.
In 2021 the trend was reversed with sales reaching 32,768, a 13.5% increase compared to 2020.
