Car market and auto industry of the Republic of Kazakhstan: Results of 2018

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• In 2018, Kazakhstanis purchased 60 thousand new cars
• Every second car sold is made in Kazakhstan
​​​​​​​• The share of the automotive industry in mechanical engineering of the Republic of Kazakhstan increased to 19,2%

Kazakhstanis spent 547 billion tenge on purchasing new cars

According to Association of Kazakhstan Auto Business (AKAB), in 2018 official dealers sold 60 928 new passenger and commercial vehicles worth 546,8 billion tenge, on 24% more than in 2017.

 

Car market and auto industry of the Republic of Kazakhstan: Results of 2018 - AKAB

 

The leader of the last two years is in the top five most popular brands Toyota 12 units. The greatest growth is in Hyundai (8 715 units) sales with the start of production of the entire line of cars in Kostanay increased by 2,4 times. Of the forty-five brands officially represented on the Kazakh car market, most of the companies ended the year with positive sales dynamics. Four of the five best-selling cars are made in Kazakhstan.

 

Car market and auto industry of the Republic of Kazakhstan: Results of 2018 - AKAB

 

Every second car sold is made in Kazakhstan

In 2018, for the first time, the monthly share of imports dropped below 50%. Demand for “Made in Kazakhstan” cars increased from 17% in 2015 to 49% last year. In December 2018, the market share of domestically produced cars crossed the 55% mark for the first time, reaching a historic sales high.

Car market and auto industry of the Republic of Kazakhstan: Results of 2018 - AKAB

Largest share growth in the mechanical engineering industry

Today, the share of the automotive industry in the mechanical engineering industry of the Republic of Kazakhstan is 19,2%. In 2017, this figure reached 16,4%. This is the largest increase in share in the mechanical engineering industry compared to last year (+ 2,8 %).

In 2018, Kazakhstan produced 32,3 thousands units of equipment (including cars, trucks, buses, special equipment, trailers and semi-trailers) with a total cost 205,95 billion tenge (+ 38 %). Kostanay showed a significant increase "SaryarkaAvtoProm", was produced here 12 009 units of cars against 5 912 units last year (+ 103 %).

Car registrations increased by almost 15%

The share of initial registration against the background of the total number of registrations in January-December increased from 6,8% to 7,1% — for the first time registered in Kazakhstan 84 352 vehicles for 13 443 more cars than in 2017 (+ 19%). However, the country's vehicle fleet continues to age - the share of 3-year-old cars has decreased, almost two-thirds of the total number of registrations were vehicles over 10 years old. At the end of the year, Kazakhstanis register the most cars Toyota, Mercedes-Benz (Daimler), Volkswagen and Audi all years of manufacture.

Sales of new cars in 2019 will exceed the level of 70 thousand units

Automotive retail in the country is recovering, showing positive dynamics. The share of locally produced cars will continue to increase in 2019. If current economic indicators are maintained, AKAB expects sales growth within 70 thousands units of new passenger and commercial vehicles.

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Date: 16.01.2019