Sales of New Cars In Estonia – Data, Trends, Charts & Analysis
Here you will find annual car sales figures for Estonia. These statistics are Total Market Volumes, which include passenger cars as well as light commercial vehicles (LCVs).
Since the early 2000s, the Estonian car market has fluctuated between 11,000 and 36,000 annual sales. The market peaked in 2007 at 35,500 sales before declining by more than 68.5% in the next two years, to a low of just over 11,000 sales. After being stable at that low level for one more year, Estonian car sales rebounded sharply in 2011 with an increase of 67% and another double digit increase in 2012. The market has notched up an 10-year long winning streak and has almost recovered to its peak levels. LCV sales typically made up 12.5% of total car sales in Estonia, but that figure has increased to around 14% in recent years and peaking at 16.5% in 2018.
Estonia Automotive Sales Data & Recent Highlights
The Estonia car sales market has been fluctuating in recent years. There has been a sharp decline in sales in 2020, followed by a strong recovery in 2021. However, there was another decline in sales in 2022. There are a number of factors that have contributed to the volatility of the Estonia car sales market. These include the economic slowdown, the COVID-19 pandemic, and the high cost of cars.
The economic slowdown has led to a decrease in disposable income, which has made it difficult for people to afford cars. The COVID-19 pandemic has also disrupted the supply chain, making it difficult to import cars. And the high cost of cars makes them less affordable for many people in Estonia.
Despite the volatility, the Estonia car sales market is expected to continue to grow in the coming years. The economy is expected to recover, and the government is taking steps to address the challenges facing the market, such as reducing import duties and improving the road infrastructure.
Estonia New Motor Vehicle Sales Table
| Year | Passenger Cars | Light Commercial | Sales | Growth |
|---|---|---|---|---|
| 2003 | 18,179 | |||
| 2004 | 18,801 | 3.42 | ||
| 2005 | 19,640 | 4.46 | ||
| 2006 | 25,363 | 29.14 | ||
| 2007 | 30,912 | 21.88 | ||
| 2008 | 24,579 | -20.49 | ||
| 2009 | 9,946 | -59.53 | ||
| 2010 | 10,295 | 3.51 | ||
| 2011 | 17,070 | 65.81 | ||
| 2012 | 19,424 | 13.79 | ||
| 2013 | 19,694 | 1.39 | ||
| 2014 | 20,969 | 6.47 | ||
| 2015 | 20,347 | -2.97 | ||
| 2016 | 22,429 | 10.23 | ||
| 2017 | 25,618 | 14.22 | ||
| 2018 | 26,297 | 2.65 | ||
| 2019 | 32,132 | 22.19 | ||
| 2020 | 22,039 | -31.41 | ||
| 2021 | 22,469 | 1.95 | ||
| 2022 | 20,426 | -9.09 |
Estonia New Motor Vehicle Sales Chart
Sources: Manufacturers, ANDC, JATO Dynamics.
