Demand for cars is growing rapidly again – CERR review

Demand for cars is growing rapidly again – CERR review

CERR analyzes changes in sales in the car market on regular basis.

In April 2022, 129.1 thousand vehicles were registered, which is 104% more than in April last year (63.3 thousand). At the same time, there is a 15.1% increase in sales compared to March this year.

Fig.1. Change in the number of registered and re-registered cars

Since January 1, 2022, the cost of state registration of cars purchased on the secondary market has been reduced, and this trend still continued to have an impact in April.

Secondary market

If in 2021 an average of 40 thousand cars were sold on the secondary market per month, then in April this year this figure was 96.9 thousand units, in January — 85.3 thousand, in February — 101 thousand, in March 84.7 thousand.

Primary market

The number of cars purchased on the primary market amounted to 32.1 thousand units, an increase of 16.9% compared to March (27.5 thousand). Compared to April 2021 (21.3 thousand), car sales increased by 51%.

Compared to March, the number of sales of new vehicles increased significantly in Namangan (77%), Kashkadarya (38%), Tashkent (37%) regions and decreased in Samarkand (-4%) region.

Fig.2. Primary and secondary car market

Sales of foreign cars

The number of registered foreign-made cars amounted to 1.56 thousand, which is 3.2% less compared to March this year.

Fig.3. The share of sales of new passenger domestic cars and foreign cars

Khalilulloh Khamidov, Head of the sector of CERR tel: (78) 150 02 02 (410)

Public Relations Sector of CERR tel: (78) 150 02 02 (417)

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