Israel 2021. Mitsubishi Is Unable To Grow In Market Rising 34.8%

Israel car market
The 2022 Mercedes-Benz EQB

Israel’s Auto market in 2021 rises by 34.8% with 289,281 sales, reporting a very strong performance all year. Mitsubishi is the only brand not to grow (-0.5%), while Mazda reports the best performance (+58.4%).

Market Trend

The Israeli car market this year recovered very effectively and grew extremely quickly, especially in Q2 due to the extremely low sales reported in Q2 2020.

During the last decade, the market has steadily grown, fueled by the country’s consistent development. In 2016 auto sales hit the new all-time record, with 286,701 units sold. Then the market reached saturation and – despite the economic environment was unchanged – the demand decelerated and sales declined three years in a row, with 253,800 registrations in 2019.

Due to the COVID-19 pandemic sales fell in  2020. In fact, sales have been 214,544, reporting a decline of 15.5% compared to 2019.

In 2021 the year started very positively for the Israeli market, in fact, in Q1 100,437 units have been sold, reporting a 18% increase in sales compared to Q1 2020, while in Q2 sales accelerated, reporting a 144.2% increase in sales with 83,354 units due to the incredibly low volumes in Q2 2020.

In Q3 sales slowed down, gaining only  6.3% sales with 65,099 units, and grew 18.6% in Q4 with 40,391 sales.

Indeed, Full-Year sales for 2021 have been 289,281, reporting a 34.8% increase compared to 2020.

Israel quarterly sales variation
Israel quarterly sales variation

Brand-wise, this year the leader Hyundai (+28.2%) lost 0.8% market share, while in second place we have Toyota (+42%), which gained 0.7% share, followed by Kia which gained 1.9% share, rising 55.9%.  Skoda remained in 4th place and gained only 4%, followed by Mazda which reported the best performance by gaining 58.4%.

Mitsubishi fell 1 spot and was the only brand not to grow, losing 0.5%, followed by Seat -down 1 spot- (11.7%) and Nissan gaining 52.4% sales. Closing the leaderboard we have Suzuki gaining 14.4% this year and Chevrolet entering the leaderboard by gaining 28.9%.

The most sold vehicle this year remains the Toyota Corolla (+40.8%) with 17,300 units sold, followed by the Hyundai Ioniq (+23.6%) registering 12,311 new sales this year. The Kia Picanto (+45.4%) closes the podium and reports 11,877 new units sold.

Tables with sales figures

In the tables below we report sales for all Brands and top 10 Manufacturers Groups.

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