Kyrgyzstan automotive

Overview of the automotive market in Kyrgyzstan

Automotive Industry Profile

Overview of the production sector: The automotive manufacturing sector in Kyrgyzstan is small and mainly focused on assembly and modification. Most vehicles are imported due to local production costs and market size constraints.

Sales in 2023: According to the National Statistical Committee of Kyrgyzstan, the sales of automobiles in Kyrgyzstan reached approximately 20,000 units in 2023, representing an increase of 5% compared to the previous year. The share of new car sales was about 40%, while the share of used car sales was 60%.

Top 10 Branded Vehicle Sales: In 2023, the top 10 selling car brands were, in order, Toyota (4,000 units), Hyundai (2,500 units), Kia (2,000 units), Renault (1,500 units), Volkswagen (1,200 units), Ford (1,000 units), Skoda (800 units), Chevrolet (700 units), Nissan (600 units), and BMW ( 500 units). These figures reflect the dominance of international brands and consumers’ quest for quality and value for money.

Consumer car market

Passenger Vehicles and Freight Transportation Vehicles: The passenger transportation market in Kyrgyzstan is dominated by small cars and light commercial vehicles, while the freight transportation market is dominated by light vans and heavy trucks.In 2023, sales of small cars will be approximately 10,000 units, light commercial vehicles will be 3,000 units, light vans will be 2,000 units, and heavy trucks will be 500 units.The passenger transportation market in Kyrgyzstan is dominated by small cars and light commercial vehicles, while the freight transportation market is dominated by light vans and heavy trucks.

Vehicle Ownership and Ownership per 1,000 Population: By the end of 2023, Kyrgyzstan’s vehicle ownership was approximately 400,000 vehicles and 66 vehicles per 1,000 population, which is lower than the global average, but shows the potential for market growth.

Automobile imports: In 2023, the total value of automobile imports into Kyrgyzstan was about USD 200 million, of which the value of automobiles imported from China was USD 40 million, accounting for 20% of the total imports. Imported automobiles mainly come from China, Russia, Japan and South Korea.

Used Car Market

MARKET OVERVIEW: The used car market in Kyrgyzstan traded around 12,000 units in 2023, accounting for 60% of total car sales. The dynamism of the used car market reflects consumers’ price sensitivity and practical considerations regarding the need to use their vehicles.

Major markets: Auto City in Bishkek and Auto Plaza in Osh are the largest used car markets in Kyrgyzstan, offering a wide selection of models and convenient trading services.

Auto Parts Market

Size of the industry: In 2023, Kyrgyzstan’s auto parts imports will total $150 million, of which the value of parts imported from China will be around $30 million.

Import of Chinese components: The top 20 imported Chinese auto parts and components by trade name and import value include: engine parts (US$5 million), tires (US$4 million), braking systems (US$3.5 million), suspension systems (US$3 million), etc. The trade names and import volumes of the top 20 importers cover specific products in the above categories, e.g. 10,000 engine parts, 100,000 tires, 5,000 sets of braking systems, etc.

Aftermarket situation: the main automobile repair market and parts sales market are located in major cities such as Bishkek and Osh etc. In 2023, the market size of Kyrgyzstan’s automobile repair and maintenance service market will be about USD 30 million, of which the share of Chinese automobile parts and components in this market will be about 15%.

Leave a Comment