Egypt 2025. MG Leaps Forward, Close To Overtake Chery In 2nd While Market Expands

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Egyptian Vehicle Market in 2025 is growing quickly. Full-year sales grew by 53.4%, with MG gaining 108.6% close to surpass Chery in 2nd. Toyota and Chevrolet were the only best selling brands to report losses while BYD dropped out of the Top 10 altogether.

Economic Environment

In 2025, Egypt’s economy reported record growth of about 5%, with upside potential, reflecting a sustained strengthening of macroeconomic performance and reform-driven momentum. This outlook is supported by improving macroeconomic stability, easing inflation, and the continued implementation of economic and structural reforms aimed at expanding productive capacity and crowding in private investment. Growth is increasingly driven by high-productivity, tradable sectors, with non-oil manufacturing, tourism, information and communications technology, and financial services leading activity, while diversification has helped offset ongoing weakness in hydrocarbons.

Investment is playing a central role in the expansion, contributing significantly to growth as private investment surged by nearly 26% and accounted for about two-thirds of total executed investment, highlighting a clear shift toward private-sector-led growth. Strong domestic and external demand, rising exports in several manufacturing industries, and gradually improving external sector dynamics further reinforce the outlook, positioning Egypt for more balanced and sustainable growth over the medium term.

Automotive Industry Trend and Outlook

The Egyptian vehicle market is expanding significantly in 2025,  recovering from the 2021-2023 slump thanks to a favourable investment environment. Full-year sales reported a year-on-year growth of about 53.4%. 

Brand-wise, Nissan grew 54.4% into 1st, followed by Chery up 37.1%. MG, grew 3 spots into 3rd while gaining 108.6% while Hyundai followed in 4th (+36.4%) and Toyota in 5th (-5.6%).  

For what concerned specific models, the Nissan Sunny was again the best seller with a whooping 79.3% growth in year-on-year volume, followed by last year’s leader, the Hyundai Elantra up 59.1% and 4 spots.

EV Market Trend and Outlook

Egypt’s EV sector gained 19.5% in 2025. Despite the government’s intention to support EV adoption, electric cars are still less than 1% of the automotive sector. High prices and an underdeveloped charging infrastructure still prevents an expansion of the sector.  

Citroen was the leader with a 56% share, followed in 2nd by MG which grew 86.7%. Cupra reported major surge and climbed 4 spots into 3rd.  

Medium-Term Market Trend

Starting at 279,693 units in 2014, the Egyptian vehicle market entered a contraction phase that lasted until 2017, ultimately falling by 37.6%. A strong rebound followed in 2018 with a 42.7% increase, only to dip again in 2019, closing at 171,366 units. In contrast to global trends, the onset of the COVID-19 pandemic in 2020 saw the Egyptian vehicle market grow by 27.7% to 218,886 units, as local demand surged and supply chains proved more resilient than expected.

The upward momentum carried into 2021, with sales reaching 275,908 units. However, in 2022, sales plunged 35% to 179,405 units, followed by a steep 51.4% decline in 2023, driven largely by currency depreciation, import restrictions, and a shortage of foreign exchange that hindered auto imports. In 2024, the market began a modest recovery, growing by 11%, reflecting improved economic stability and renewed consumer confidence amid easing inflation and better availability of vehicles.

The government has a crucial role in revitalizing the sector by offering tax incentives for local manufacturing. These initiatives aim to position Egypt as a regional hub for automotive production and export, as well as dealing with the volatility, often shaped by macroeconomic shifts, policy changes, and import restrictions that characterizes the country.