Oman 2023. Vehicle Market Lost 13.7%. MG Jumps In Second Place

The 2024 BMW i7 M70
The 2024 BMW i7 M70

Oman Vehicles Market in 2023 falls for the 11th month in a row, with figures at 55,547 down 13.7% from the previous year. Market hasn’t yet fully recovered from covid.

Market Trend and Outlook

Oman’s light vehicle market in 2023 falls for the 11th month in a row, with registrations at 55,547 (-13.7%). Sales in December totalled 4,615 units (-23.1%).

Looking at cumulative data up to December 2023 brand-wise, the leader Toyota is on top of the rankings with 48.3% market share and 26,841 sales (-10.9%) and a huge gap over all others.

In second place MG -up 1 spot- with 5,131 units sold (-0.5%), followed by the Hyundai -up 1 spot- reporting a slight gain in volume and accumulating 3,744 sales (+5.9%).

Looking at specific models the Toyota Land Cruiser gains leadership despite reporting a 8.1% year-on-year loss in sales, followed by the Toyota Hilux down 36.3%.

Tables with sales figures

In the tables below we report sales for top 10 Brands and top 10 models.

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