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Kuwait Autos Report Q3 2016

  • June 2016
  • -
  • Business Monitor International
  • -
  • 33 pages

Includes 3 FREE quarterly updates

BMI View: We maintain a cautious view on the outlook for Kuwaiti new vehicle sales in 2016. In theabsence of any monthly data having been released as yet by the local authorities, we retain our forecast of0.5% growth for the market this year.Key Views

- Many Kuwaitis scaling back on big purchases, such as a new vehicle, given the country's sluggisheconomy, low oil prices and rising interest rate environment.

- Moreover, the Kuwaiti dinar continues to lose value, increasing the cost of imported cars to Kuwaiticonsumers.

- Mazda has seen strong growth in its Kuwaiti sales over Q116, boding well for a positive performance bylocal dealership partner KAICO over the full year.

Table Of Contents

Kuwait Autos Report Q3 2016
BMI Industry View 7
Key Views 7
SWOT 8
Industry Forecast 9
Table: Autos Total Market - Historical Data And Forecasts (Kuwait 2014-2020) 9
Latest Developments 9
Structural Trends 9
Passenger Vehicles 12
Latest Developments 12
Table: Kuwait - Top 10 Manufacturers By Sales, 2015 13
Luxury Cars 13
Commercial Vehicles 14
Latest Developments 14
Industry Risk Reward Ratings 15
Industry Risk/Reward Index 15
North African Risks Come To The Fore 15
GCC Still Ahead But Rewards Are Limited 16
Iran Offers Biggest Rewards For Biggest Risks 16
Company Profile 17
Al-Sayer (Toyota) 17
Al Mulla 19
Kuwait Automotive Imports (KAICO) 20
Regional Overview 22
Industry Trend Analysis 22
Table: Middle East And North African Autos Production Investments 22
Suppliers Join Growing Hubs 23
Slow But Steady GCC Growth 23
Demographic Forecast 25
Table: Population Headline Indicators (Kuwait 1990-2025) 26
Table: Key Population Ratios (Kuwait 1990-2025) 26
Table: Urban/Rural Population and Life Expectancy (Kuwait 1990-2025) 27
Table: Population By Age Group (Kuwait 1990-2025) 27
Table: Population By Age Group % (Kuwait 1990-2025) 28
Methodology 30
Industry Forecasts 30
Sector-Specific Methodology 31
Sources 31
Risk/Reward Index Methodology 32
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators 33

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