Business news from Ukraine

Since beginning of year, demand for new passenger cars in Ukraine has jumped by one and half times

Initial registrations of new passenger cars in Ukraine in January-February increased by 1.5 times compared to the same period in 2023 to more than 10 thousand units, the Ukravtoprom Association reported on its Telegram channel.

According to the report, almost 5.7 thousand new passenger cars were sold in February, which is 51% more than in the same month in 2023 and 29.5% more than in January this year.

“The sales of new cars are only 11% behind the February figure of pre-war 2021,” Ukravtoprom states.

Toyota showed the best result of the month with a 70% increase by February 2023 – up to 858 cars. Renault was the second with 706 units (+64%), and Volkswagen was in third place with 472 units (+53%).

The TOP-5 of the month also included Skoda – 452 units (+38%) and Peugeot – 348 units (+364%).

Renault Duster crossover remains the bestseller in the Ukrainian new car market, with 603 registrations in February.

According to the Association, in February last year, a little more than 3.7 thousand new passenger cars were sold in Ukraine, which is 30% less than in February 2022.

For its part, the AUTO-Consulting information and analytical group in a post on its website calls the February car market’s performance “powerful”: almost 6 thousand passenger cars were sold, which is 58% more than in February last year and 24% more than in January 2014.

According to analysts, Toyota is in the lead, with 15% of all buyers preferring it (906 cars). Renault is in second place (664 cars), which managed to slightly overtake VW, which took second place in January and sold 548 cars in February.

Skoda finished fourth (503 cars), and Peugeot took fifth place (from 10th in January 2024), having doubled its sales compared to January (336 cars).

Analysts say that the premium segment is no longer growing as it was last year, and that BMW, Audi, and Lexus are leading the way.

“Electric cars confidently held 20% of the Ukrainian market in February, and it seems that this is now a new milestone that they will continue to hold for some time,” the report says.

In addition, AUTO-Consulting notes a drop in the interest of Ukrainian buyers in various Chinese unknown “trains”.

As reported with reference to the data of the Ukravtoprom Association, in 2023, the primary registrations of new passenger cars in Ukraine increased by 60.6% compared to 2022 – to almost 61 thousand units, according to AUTO-Consulting, sales increased by 62.4%, exceeding 65 thousand units.

Demand for new passenger cars in Ukraine has almost doubled

Registrations of new passenger cars in Ukraine in October this year increased by 83% compared to October 2022 – up to 5.7 thousand units, and are 0.7% higher than in September 2023, Ukravtoprom reported on its Telegram channel.

According to the association, Toyota continues to hold the lead in the market with a 40% increase in registrations by October last year – up to 929 units, Volkswagen’s second result is 574 cars (three times more), and Skoda (in September – 4th position) took third place, pushing BMW aside, with an increase of 46%, up to 477 units.

BMW’s fourth result is 461 cars (up 3.6 times), and Renault closes the top 5, as it did a month earlier, with 432 cars (+60%).

The top 10 in October 2023 also included: Nissan – 309 units; Hyundai – 240 units; Mercedes-Benz – 224 units; Mazda – 220 units; Peugeot – 200 units.

The title of the month’s bestseller, as in September, went to the Renault Duster with 387 registrations (in October 2022, it was the Toyota RAV4 crossover).

“Ukravtoprom states that in January-October 2023, Ukrainians purchased and registered 49.6 thousand new passenger cars, which is 60% more than in the same period last year.

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Demand for new passenger cars in Ukraine decreased by 5%

Registrations of new passenger cars in Ukraine in July this year decreased by 5% year-on-year to 5.3 thousand units, which is 45% higher than in July last year, Ukravtoprom said in its Telegram channel.

“From the indicator of pre-war July 2021 solvent demand for new passenger cars lags behind by 46%. Almost similar sales volume July market demonstrated in 2015”, – states the association.

The top three for the third month is unchanged: the first place is held by Toyota (883 units), in second place Renault (564 units), in third place – Volkswagen (525 units).

Skoda (493 units) and BMW (385 units) also made it to the top 5 of the month.

The title of the best-seller of the Ukrainian market of new passenger cars is retained by the compact crossover Renault Duster, which was chosen by 552 buyers in July.

According to “Ukravtoprom”, a total of 32.4 thousand new passenger cars were registered in Ukraine in January-July, which is 51% more than in the same period of 2022.

As reported, in 2022 Ukrainians registered 37.9 thousand new passenger cars – 63% less than a year earlier.

Market of new passenger cars in Ukraine grew by 21% – “Ukravtoprom”

Primary new passenger cars in March this year increased by 21% compared to February this year – up to 4,511 units, said “Ukravtoprom” in Telegram-channel.
The Association says that the demand for passenger cars increased 8 times compared with March of the last year, but only because of the low comparison base (March 2022 was the first month of full-scale invasion of Russia into Ukraine – IF-U).
Toyota remains the leader of registrations – 648 units, second place again belongs to Renault with 438 cars (in February the brand was 5th), third place – to Volkswagen with registrations of 432 cars.
Fourth place went to BMW with 355 cars, and Skoda was at the bottom of the list in March with 346 cars.
Bestseller of the first month of spring in the Ukrainian market of new passenger cars was the crossover Renault Duster, which was chosen by 414 buyers.
At the same time more than a third of March market was formed by 10 popular models – Renault Duster is followed by Hyundai Tucson (171 units), then Mazda CX5 (171), Volkswagen ID.4 (149), Toyota RAV-4 (131), Toyota Camry (110), Suzuki Vitara (105), Volkswagen Touareg (101), DongFeng/Honda M-NV (100) and BMW X7 (99 units).
In total, 11.2 thousand new cars were registered in Ukraine in the first quarter, which is almost as much as in the past, states Ukravtoprom.

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Import of passenger cars to Ukraine in 1st half. increased by 8.5%, in dollars – decreased by 19%

Imports of passenger cars to Ukraine in January-June of this year amounted to 304,083 thousand units. in the amount of almost $1.7 billion, Ukravtoprom reports with reference to the State Statistics Service.
According to a message in the Telegram channel on Friday, only 18.323 thousand cars (or 6%) of this number were new, while the remaining 285.76 thousand (94%) were used.
In turn, a year ago, Ukravtoprom published similar statistics on its website, according to which, in January-June 2021, 280.3 thousand passenger cars worth more than $2.1 billion were imported to Ukraine, including the share of new cars was 20 %.
Thus, if in the first half of 2022 the import of cars in physical terms increased by 8.5%, then in foreign currency it decreased by 19%, and the share of new cars decreased by 14 p.p.
According to Ukravtoprom, in the first half of this year, purchases of new cars cost importers $363.3 million, and the customs value of used cars exceeded $1.3 billion (a year earlier, approximately the same amount – $1.05 billion each – IF).
The main suppliers of new cars to Ukraine in January-June 2022 were China (6.61 thousand units), Japan (3.382 thousand), and Romania (1.476 thousand), and used ones were most often bought in Germany (118.758 thousand units). ), France (31.206 thousand) and Poland (20.716 thousand).
In the first half of last year, Japan was the leader in deliveries of new cars (11.2 thousand), followed by China (11 thousand) and Romania (5.8 thousand). Used cars were most often imported from Germany (46 thousand), the USA (40 thousand) and Poland (25 thousand).

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Market of new passenger cars in Ukraine grows by more than quarter in July

Demand for new cars in July of this year increased by almost 26% compared to June, but decreased by 63% by July 2021 to 3,648 units, Ukravtoprom reports.
“The Ukrainian market for new cars continues to recover. A month after the abolition of exemptions for customs clearance of imports, the market grew by more than a quarter,” the association’s website says.
As reported, in June 2022, the initial registrations of new passenger cars increased by 14% compared to May.
According to the report, the most popular brand of the month, like a year ago, was Toyota with a drop in sales by 61% compared to July last year – to 596 cars.
The second result for Volkswagen is 316 units. (30% less), which a year earlier ranked 6th in the ranking with 452 cars.
The Chinese Chery broke into third place with 300 registrations, which is 27% less than a year earlier, but five steps higher in the ranking.
At the same time, Renault, which was second last year, took fourth place with an 80% drop in sales to 260 cars. Skoda closes the top five – 207 units. (-67%).
Chery Tiggo 4 became the bestseller of July, which was chosen by 239 buyers.
According to the association, in the first half of the year, 21.5 thousand new cars were registered in Ukraine for the first time – 63% less by January-June 2021.
The AUTO-Consulting information-analytical group published the statistics of sales of new passenger cars in July on its website, according to which almost 4,000 cars were sold in July, which is 28% more than in June, but 60% less than in July -2021.
Experts also note a breakthrough in the leaders of new players, in particular Chery.
“The Chinese brand took advantage of preferential customs clearance and managed to import a significant number of cars. And the most popular Chery Tiggo 4 car managed to bypass even Toyota RAV4,” AUTO-Consulting notes.
Analysts also record an increase in sales in the premium group – there are three players from this segment in the TOP July 10 at once: BMW, Mercedes-Benz, Lexus, which AUTO-Consulting has never recorded yet.
“The recovery in demand was a surprise for some operators who did not have time to rebuild the logistics of supplies, so some dealers were running out of cars. This is the reason for the drop in sales for certain brands, but overall sales have been growing for the fourth month, which gives reason for further optimism,” noted in the message.
As reported with reference to MP Yaroslav Zheleznyak, the import of cars to Ukraine in July, the first month after the abolition of import benefits, decreased by almost 8 times compared to June, to 13,584 thousand units.
As reported, in 2021, the market for new passenger cars, according to Auto-Consulting, grew by 20% – to 103.65 thousand units, according to Ukravtoprom – by 21% to 103.3 thousand units.