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Kuwait Autos Report Q4 2016

  • September 2016
  • -
  • Business Monitor International
  • -
  • 34 pages

Includes 3 FREE quarterly updates


BMI View: Over the past quarter, we have become increasingly bearish on the short-term outlook for new vehicle sales. We now forecast a 30% fall in sales over 2016, although luxury brands will outperform.


Key Views
- Most Kuwaitis are putting off new vehicle purchases at the current time, given continued low oil prices, a sluggish economy and the likelihood of higher interest rates as we move into 2017.
- This has seen most of the volume carmakers selling in Kuwait see double-digit sales declines over 2016 to date.
- Our view that Kuwait will retain strong demand for luxury cars has been borne out by the relatively strong performance of luxury brands compared to volume marques over 4M16.

Table Of Contents

Kuwait Autos Report Q4 2016
BMI Industry View 7
Key Views 7
SWOT 8
Industry Forecast 10
Table: Autos Total Market - Historical Data And Forecasts (Kuwait 2014-2020) 10
Latest Developments 10
Structural Trends 10
Sales 10
Passenger Vehicles 14
Latest Developments And Segment Drivers 14
Table: Kuwait - Top-10 Manufacturers By Sales, 2015 14
Commercial Vehicles 16
Latest Developments And Segment Drivers 16
Industry Risk Reward Index 17
Region Losing Global Standing 17
Saudi Arabia On The Brink 18
Morocco Becomes A Regional Bright Spot 18
Company Profile 19
Al-Sayer (Toyota) 19
Al Mulla 21
Kuwait Automotive Imports (KAICO) 22
Regional Overview 24
MENA 24
Table: MENA Autos Production Investment 24
Morocco Makes Its Mark 25
Oman Becoming A GCC Hub 25
PSA Commitment A Win For Iran 25
Demographic Forecast 26
Table: Population Headline Indicators (Kuwait 1990-2025) 27
Table: Key Population Ratios (Kuwait 1990-2025) 27
Table: Urban/Rural Population and Life Expectancy (Kuwait 1990-2025) 28
Table: Population By Age Group (Kuwait 1990-2025) 28
Table: Population By Age Group % (Kuwait 1990-2025) 29
Methodology 31
Industry Forecasts 31
Sector-Specific Methodology 32
Sources 32
Risk/Reward Index Methodology 33
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators 34

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