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Demand for cars is growing rapidly again - CERR review
19 May 2022

Demand for cars is growing rapidly again - CERR review

    Tashkent, Uzbekistan (UzDaily.com) -- An analysis by the Center for Economic Research and Reforms showed that demand for cars in Uzbekistan in April again began to grow rapidly in the primary market, while the effect of reducing the cost of state registration of cars in the secondary market became more expensive.

   The Center for Economic Research and Reforms (CERR) regularly analyzes changes in sales in the car market.

    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 an increase in sales by 15.1% compared to March of this year.

    From 1 January 2022, the cost of state registration of cars purchased on the secondary market was reduced, and this trend still continued to influence 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 indicator amounted to 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 in 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%) regions.

    Sales of foreign cars

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

https://uzdaily.uz/en/post/73080

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