Omani auto market in 2020 falls by 31.3% as the pandemic and the fall in oil prices affect sales. Full-Year sales have been 74.600. MG shines (+111.9%) while Hyundai and Mazda lose over half their sales.
Oman Auto market was negative in 2019 signing the sixth decline in a row. Indeed, Total sales in 2019 have been 111.608, down 12.5% and the government decision to move two years ahead the already scheduled VAT introduction did not sort the expected positive effect. Toyota held over 50% of market share, keeping a huge gap from Nissan and Hyundai.
Oman Auto market in 2018 posted the 5th fall in a row with 127.546 sales (-13.9%) at the lowest level in this decade. The market suffer the reduced public investment and spending and the austerity measures aiming to support the fiscal budget, as oil price revenues fall. Outlook is still not positive
Oman Cars Market lost 6.6% in the 2017, the third lost in a row, with the lowest lost within the GCC area. Fear for VAT introduction pushed up market, before implementation was postponed at 2019, for technical reasons. Nissan shines in second place.
Oman Vehicles Sales 2016 dropped down at the lowest level in the last sixth years hit by economic crisis and budget constrain. However, the market leader, Toyota, has lost over the average losing the 50% share quota
During the 2013, the car market in the Sultanate of Oman scored the fourth sales record in a row, despite a slower speed. Toyota has not increased volume while keeping share at 50%. Ford was the fastest growing brand while first Chinese brand arrived sixteen.