Oman Vehicles Market in 2025 posts flatlined growth. YTD figures up to September rose by 15.7%, with Jetour climbing 18 spots into 4th and Nissan surging several spots into 5th.
Economic Environment
In 2025, Oman’s economy is projected to grow by 2.2% in real terms, up from 1.7% in 2024, according to the Ministry of Economy’s Economic Forecasts for 2025 report. This marks the final year of the Tenth Five-Year Plan, which has focused on economic diversification, fiscal sustainability, and private sector growth. The anticipated acceleration in growth is attributed to non-oil sector expansion, particularly in logistics, manufacturing, tourism, and green energy, as Oman continues reducing its reliance on hydrocarbons. The government’s commitment to structural reforms and improved business climate is expected to further support private investment.
Meanwhile, public finance indicators are showing stability, aided by moderate oil prices and ongoing fiscal consolidation efforts. Inflation is forecast to remain contained, and public debt levels are on a declining path due to prudent debt management. Employment policies continue to focus on Omanization and creating job opportunities for nationals, especially in high-potential sectors. The report also highlights the importance of technology adoption and human capital development to boost productivity.
Automotive Industry Trend And Outlook
Oman’s vehicle market continues on the trajectory of the 2024, growing 15.7% up to September 2025. After a strong start in Q1, growth flatlined during Q2 and continued to fluctuate around 15% throughout Q3.
Brand-wise, the leader Toyota was still on top of the rankings with a 47.2% share, gaining 7.5% and retaining a huge gap over all others.
In second place ranked Hyundai growing 0.2% while Jetour skyrocketed 13 spots into 3rd growing 473.3%. MG -down 1 spot- ranked 4th (-7.1%) while Nissan boomed 8283.3% and 38 spots into 5th.
Looking at specific models the Toyota Hilux rose to 1st, with a 25.9% year-on-year gain in sales, followed by last year’s leader, the Toyota Land Cruiser P/U down 3.7%.
EV Market Trend And Outlook
Oman’s EV sector is undergoing an expansion, growing by 42.5% up to September 2025. This was supported by recent government initiatives. For instance, recently a $150 million investment to establish EV and battery manufacturing hub was secured.
MG claimed top spot, surging 2460% and climbing 10 spots, overtkaing Hyundai in 2nd which still grew 38.7%. .
Medium-Term Market Trend
Oman’s vehicle market was among the world’s fastest-growing from 2003 to 2013, peaking in 2014 with 216,898 sales after years of record-breaking growth. However, the collapse in global oil prices triggered a prolonged downturn in consumer demand, with vehicle sales falling 6.9% in 2015, 20.8% in 2016, and continuing to decline in subsequent years.
Despite delaying VAT implementation, the government struggled to reverse the economic trend, and the market continued shrinking through 2019. The COVID-19 pandemic further impacted sales in 2020, and by 2021, volumes dropped to a 15-year low of 72,083 units. Losses persisted in 2022 (down 10.8%) and 2023 (down 9.8%), though a partial recovery emerged in 2024 with a 15.1% rebound. Electric vehicle adoption remains minimal, though the government has signaled intent to develop EV infrastructure.
Tables with sales figures
In the tables below we report sales for top 10 models.
