Senegal vehicle market 2016 had been positive growing 5.5% but not yet taking the pace towards the expected real development, as the import of used vehicles remains the fundamental source for local vehicles parc. Toyota is leader.
Senegal is one of the most stable countries in Africa, and has considerably strengthened its democratic institutions since its independence from France in 1960. On March 20th, 2016, Senegal held a referendum to strengthen its political system by reducing the length of the presidential term from seven to five years, creating a new consultative assembly, allowing an independent candidate status for all elections, establishing an official status for the opposition leader, and establishing the intangibility of some articles of the constitution
Senegal economic growth remained strong in 2016, with preliminary data released by international institutions of 6.1% growth with the primary sector is the fastest growing sector boosted by mining, fishing, and agriculture.
As the country’s development looks based on solid democratic and economic foundations, the development of the automotive industry is potentially one of the largest in this area of Africa, starting from the growth of a wealthy domestic new vehicles market.
However, the potentiality has not been developed yet, as the still low pro capita income limit the demand for new vehicles in favor of imported used cars.
For this reason the annual new vehicles (including HCVs) sales is almost stable around 6.000 units.
In the 2016, sales improved a bit at 6.607, up 5.4%.
Market leader is Toyota with 1.310 sales (+0.6%) thanks to the strenght in LCVs segment. In second place Mitsubishi with 1.008 sales (+26.8%) and third was Ford with 610.
Tables with sales figures
In the tables below we report sales for Top Brands