{"id":3729,"date":"2024-02-04T16:10:27","date_gmt":"2024-02-04T16:10:27","guid":{"rendered":"https:\/\/www.autoclub.app\/?p=3729"},"modified":"2024-02-04T16:15:26","modified_gmt":"2024-02-04T16:15:26","slug":"auto-market-insights-egypt-records-90-3-thousand-car-sales-in-2023","status":"publish","type":"post","link":"https:\/\/autoclub.app\/blog\/en\/auto-market-insights-egypt-records-90-3-thousand-car-sales-in-2023\/","title":{"rendered":"Auto Market Insights: Egypt Records 90.3 Thousand Car Sales in 2023"},"content":{"rendered":"

Auto Market Insights: Egypt Records 90.3 Thousand Car Sales in 2023<\/h1>\n

with 51.6% Surge in Private Car Purchases in December<\/p>\n

For the fourth consecutive month, Egypt’s private car sales surged, hitting approximately 8.3 thousand cars in December 2023, marking a remarkable 51.6% growth compared to December 2022, as reported by the Automotive Market Information Council (AMIC).<\/p>\n

However, throughout 2023, the report indicated a decline of 48% in private car sales, totaling 69.1 thousand cars, compared to 133.8 thousand cars in the same period in 2022.<\/p>\n

The overall car sales estimate for Egypt in 2023 stands at approximately 90.3 thousand cars, reflecting a significant decrease from the 184.7 thousand cars sold during the same period in 2022, showcasing a decline of about 51.1%.<\/p>\n

Bus sales also experienced a decline, reaching 8.4 thousand buses in 2023 compared to 15.9 thousand buses in the same period in 2022, indicating a decrease of 51.2%. Truck sales recorded a notable decline as well, with over 12.7 thousand trucks sold compared to 33.5 thousand units in the comparative period, reflecting a decrease of 62%.<\/p>\n

Top Players in the Market: Nissan Leads, Chery Ghabbour Claims Second Place in 2023<\/h2>\n

The Japanese brand “Nissan” emerged as the top-selling brand in the automobile market during 2023, having sold more than 13.6 thousand cars, securing a market share of 15.1%.<\/p>\n

\"egypt-auto-market-2023\"
#image_title<\/figcaption><\/figure>\n

Following closely, the “Chery – Ghabbour” brand secured the second position, capturing a market share of 11.3%, with a total of 10.2 thousand car sales. The Chinese brand “Chevrolet” claimed the third spot with an 11.2% share, boasting sales exceeding 10 thousand cars.<\/p>\n

\"egypt-auto-market-2023\"
#image_title<\/figcaption><\/figure>\n

Maintaining its fourth position, the \u201cToyota\u201d brand achieved a market share of 8.3%, selling more than 7.5 thousand cars. The \u201cMG\u201d brand rose to fifth place with a 6.3% share and sales exceeding 5.6 thousand cars.<\/p>\n

\"egypt-auto-market-2023\"
#image_title<\/figcaption><\/figure>\n

The \u201cSuzuki\u201d brand claimed the sixth position with a market share of 6.1%, recording 5.5 thousand cars sold. However, the \u201cHyundai\u201d brand fell to the seventh place with a market share of about 6%, totaling about 5.4 thousand cars.<\/p>\n

\"egypt-auto-market-2023\"
#image_title<\/figcaption><\/figure>\n

Securing the eighth position, the \u201cKia\u201d brand acquired a 5.2% market share, recording the sale of about 4.7 thousand cars. \u201cRenault\u201d followed in ninth place with a 4.6% share, with a total of 4.1 thousand cars.<\/p>\n

\"egypt-auto-market-2023\"
#image_title<\/figcaption><\/figure>\n

The “BYD” brand claimed the tenth spot with a market share of 4.4%, with a total of 3.9 thousand cars sold. The “Citroen” brand secured eleventh place with a 3% share, selling approximately 2.7 thousand cars, and the “Mitsubishi” brand ranked twelfth with a market share of 2.9%, recording 2.6 thousand cars sold.<\/p>\n

Other brands collectively accounted for 15.5%, with total sales exceeding 14,000 cars during 2023.<\/p>\n

On a monthly basis, car market sales surged to 10.4 thousand cars in December 2023, marking a 31.7% increase compared to December 2022, which saw sales of approximately 7.9 thousand cars.<\/p>\n","protected":false},"excerpt":{"rendered":"

Auto Market Insights: Egypt Records 90.3 Thousand Car Sales in 2023 with 51.6% Surge in Private Car Purchases in December For the fourth consecutive month, Egypt’s private car sales surged, hitting approximately 8.3 thousand cars in December 2023, marking a remarkable 51.6% growth compared to December 2022, as reported by the Automotive Market Information Council …<\/p>\n","protected":false},"author":2,"featured_media":3725,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[44],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/3729"}],"collection":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/comments?post=3729"}],"version-history":[{"count":1,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/3729\/revisions"}],"predecessor-version":[{"id":3730,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/posts\/3729\/revisions\/3730"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media\/3725"}],"wp:attachment":[{"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/media?parent=3729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/categories?post=3729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/autoclub.app\/blog\/en\/wp-json\/wp\/v2\/tags?post=3729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}