Kuwait

Kuwait Vehicles Market in 2015 was flat as the second half fell down hit by lower consumer's demand. Perspectives for the 2016 are negative. Toyota hits a new record sales with 33% of market share.

Kuwait Auto Market in 2017 lost for the third year in a string suffering for low oil production and politically instability. The lost of 7.8% was marginally mitigated by year-end rush, before VAT introduction. Toyota is market leader ahead of Mitsubishi and Nissan.

Kuwaiti Vehicles Market in September 2023 grows for the 8th month of the year, with 10,125 new registrations (+1.1%). YTD figures at 94,652 are up 10.7% from the previous year.

Kuwaiti Vehicles Market grew 0.9% in 2018 interrupting the negative trend of recent years, closing the year with 107.534 units sold. Nissan gained the 2nd place - up 13.3% - behind Toyota, the market leader with 28.4% market share.

Kuwaiti auto market in 2020 falls by 21% as the pandemic and the fall in oil prices affect sales. Full-Year sales have been 88.930, while MG enters the leaderboard by jumping 5 spots and reports the best performance (+33.8%).

Kuwaiti Vehicles Market in 2022 totals 119,855 sales, the highest in the last 7 years and a 12.9% increase from the previous one. December grows for the 9th month in a row, with 11,690 new registrations (+31.9%). MG jumps into 7th position.

Kuwaiti Vehicles Market in 2019 the market kept recovering with moderation. Full-year registrations in 2019 have been 114.605, growing (+6.6%) and the 2020 outlook is again moderately positive. Toyota held over 30% of market share while all other players stand well below.

Kuwait vehicles sales 2016 sharply down at lowest in five years hit by the economic recession and budget constrain. However, luxury segment grew up pushed by an astonishing performance by Mercedes.