Syria 2023. Vehicle Market Grows 21.7% In The First Half Of 2023
Syria's vehicle market in H1 2023 reports 320 sales, growing 21.7% from the previous year. Hyundai collapses 40.7% while maintaining first position.
Syria 2022. 4 Year Long Downfall Continues With Vehicle Market Losing 75.6%
Syria's vehicle market in 2022 totaled 478 sales, a 75.6% fall from 2021 and the 4th consecutive losing year. November posts the only growth of the yearM, with 100 new light vehicle registrations (+11.1%).
Syria 2018. The slow recovery has just started
Syrian Vehicles Market in the 2018 rebounded after the positive evolution of the internal war with terrorists. Vehicles sales has grown 24.3% at 9.918 units, fully benefit by the Korean brands, Kia and Hyundai, the only still operating in the country.
Syria 2021. Sales Remain Down 33.4% Due To Sharp Drops In Q1 And Q4
Syria's vehicle market in 2021 drops by 33.4% with 1,958 sales, reporting positive performances only in Q2 and Q3, and dropped in double-digits the rest of the year. Leader Hyundai keeps losing share to the follower Kia.
Syria 2024. Vehicle Market Suffers Amidst War-Torn Economy
Syria's Vehicle Market in 2024 grew 18.3% despite the adverse conditions. Still, it remained heavily affected, with figures well below pre-war levels.
Syria 2016. Koreans are the only car makers surviving
Syria Vehicles Market 2016 kept falling down losing an additional 44 percent and landing at a volume lower than one tenth compared with the 2010. In the harsh environment, just Koreans manufacturers survive.
Syria 2014. Vehicle Market dropped 47%
Syrian Vehicle Market dropped to 22.000 units in the 2014 losing over three-quarter respect the golden age just few years ago. It is dominated by Koreans that kept over 86% of market share. Hyundai Elantra is the best-selling model.
