Slovakia 2021. Hyundai Is The Best Performer In Market Unable To Grow (-0.8%)

Slovakian car market
The 2022 Hyundai Santa Cruz

Slovakian Auto market in 2021 falls 0.8% with 75,699 sales, reporting positive performance only in Q2. The undiscussed leader Skoda loses 10% sales, followed by the best performer Hyundai (+21.6%).

Market Trend

The Slovakian car market this year attempted to recover from the pandemic crash of 2020 and but remained almost flat, reporting positive performance only in Q2.

The Slovakian car in recent years has been one of the most dynamic in Europe, as the country becomes a manufacturing hub for the entire continent, with the highest ratio of produced vehicles per person in the continent. The domestic new vehicle sales scored an impressive series of all-time records, starting from 2014.

Indeed, in the 2014-2018 period, the market grew up without break while the speed declined year after year, ending with a 2018 record of 98,079 sales, up a mere 2.1% from the previous year. In 2019 the market has marginally improved, signing the 6th consecutive year of growth. Indeed, the Full-year ended with registrations at 101,702, up 3.7% from the previous year.

Due to the COVID-19 pandemic sales fell in  2020. In fact, 76,311 units have been sold, reporting a decline of 25% compared to 2019.

In 2021 the year started slightly negatively for the Slovakian market, in fact, in Q1 18,116 units have been sold, reporting a 4.5% decrease in sales compared to Q1 2020, while in Q2 sales started growing quickly, reporting a 35.1% increase in sales with 20,333 units due to the incredibly low volumes in Q2 2020.

In Q3 sales fell again by 6.1% with 20,270 units sold, followed by a steeper 18% fall in Q4 with 16,980 units.

Indeed, Full-Year sales for 2021 have been 75,699, reporting a 0.8% decrease compared to 2020.

Slovakian quarterly sales variation
Slovakian quarterly sales variation

Brand-wise, this year the leader Skoda (-10%) lost 2.1% market share, followed by Hyundai (+21.6%), which gained 2% share and reported the best performance on the leaderboard. Kia gained 1.7% share, rising 19.4%.  Volkswagen remained in 4th place (+13.7%), followed by Toyota which gained 11.3%.

Peugeot lost 17.4%, followed by Citroen -up 2 spots- which lost 8.6%, and Dacia which lost 25.6% sales, reporting the worst performance on the leaderboard. Closing the leaderboard we have Mercedes -up 2 spots- gaining 16.9% and Opel, gaining only 0.6%.

The most sold vehicle this year has been the Skoda Fabia (+8.9%) with 4,165 units sold, followed by the Hyundai i30, which rose 72.9% registering 3,479 new sales this year. The Skoda Octavia (-4.8%) closes the podium and reports 3,218 new units sold.

Tables with sales figures

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

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