Myanmar

Myanmar Vehicles Industry at the new all time record! Indeed, following the recent years of rapid growth, in the 2019 the market struggled for the first three quarter, but the strong demand in Q4 allowed a recovery with final figures up 3.1% at 19.136. Suzuki is the king with share near 50% ahead of Toyota and Nissan.

Myanmar Vehicles Industry dramatically changed in the 2018, with volumes increased 71.6%, hitting an all-time record with 11.882 units sold. The introduction of several restrictions on right-hand-drive imports and the opening of a new Ford plant has boosted demand.

Myanmar car market in 2021 drops 68.1% with 5,008 sales, reporting an extremely sharp drop after the coup d'état. Leader Suzuki maintains 37.4% share.

Myanmar Vehicles Market in 2015 jumped up sustained by a strong economic growth. The market is mainly driven by demand for commercial vehicles and Toyota plays the rule of market leader.

Myanmar auto market in 2020 falls by 19.5% as the pandemic,  lockdowns, and fall in tourism affect sales. Full-Year sales have been 15.721, while the leader Suzuki halves its sales and loses an impressive 11.4% market share.

Myanmar Vehicles Market in 2025 is expanding. Q1 figures rose 25.7%, with BYD, MG, Leap Motor and Neta securing a share of 85%. EV segment lags behind ASEAN trends but still report notable growth. 

Myanmar Vehicles Industry in 2022 totaled 13,262 sales, a 60.2% increase from the previous year. In fact,  December reported the 11th consecutive positive month, with 1,527 new registrations (+166.5%).