Sales of New Cars In Pakistan – Data, Trends, Charts & Analysis
Here you will find annual car sales figures for Pakistan. These statistics are Total Market Volumes, which include passenger cars as well as light commercial vehicles (LCVs).
The figures below come from unconfirmed sources and can vary slightly from other data you may find elsewhere. Despite our best efforts to find the most reliable data, we can’t guarantee 100% accuracy, unless a specific source is mentioned below the table. Still, we’re confident the provided data is sufficiently indicative of the size and trend of the market to be published as such. If you have access to a confirmed source of Pakistani car sales figures, including a split between Passenger Cars and LCVs, or data going back before 2005, please get in touch with us.
Pakistan Automotive Sales Data & Recent Highlights
As you can see, the Pakistani car sales market has been recovering in recent years. The market has been growing at an average annual growth rate of 25.0%. There are a number of factors that have contributed to the recovery of the Pakistani car sales market. These include the fact that the Pakistani economy has been recovering in recent years, which has led to an increase in disposable income. The government has introduced a number of new incentives for car buyers, such as a reduction in import duties.
Despite the recovery, the Pakistani car sales market is expected to face some challenges in the coming years. These challenges include stubborn inflation which is rising in Pakistan, which could make cars more expensive. The shortage of semiconductors is affecting the production of new cars, making it difficult to import cars into Pakistan. The price of used cars has increased in recent years, making them more affordable than new cars.
Overall, the Pakistani car sales market is expected to remain positive in the coming years. However, there are some challenges that the market will need to address in order to maintain its growth.
Here are some of the trends in the Pakistani car sales market:
- The increasing popularity of SUVs: SUVs are becoming increasingly popular in Pakistan, as they are seen as more practical and comfortable than sedans. In 2022, SUVs accounted for 67.7% of new car registrations in Pakistan. This is up from 56.3% in 2021.
- The growing popularity of locally assembled cars: The government has introduced a number of incentives for locally assembled cars, which has led to an increase in their popularity. In 2022, locally assembled cars accounted for 47.0% of new car registrations in Pakistan. This is up from 37.8% in 2021.
- The increasing popularity of online car buying: More and more people are buying cars online in Pakistan. In 2022, 10.0% of new car purchases were made online. This is up from 7.0% in 2021. The convenience and flexibility of online car buying are driving its popularity.
Interesting Pakistan New Car Sales Stats
- Best Sales Year Volume: 217,392 units sold
- Worst Sales Year Volume: 94,437 units sold
- Average Sales Per Year: 153,840.7 units sold
- Total Sales Units (since 2005): 2,769,133 units sold
Pakistan New Motor Vehicle Sales Table
Year | Sales | Growth |
---|---|---|
2005 | 141,326 | |
2006 | 160,256 | 13.39 |
2007 | 159,457 | -0.50 |
2008 | 127,863 | -19.81 |
2009 | 94,437 | -26.14 |
2010 | 130,038 | 37.70 |
2011 | 140,184 | 7.80 |
2012 | 136,026 | -2.97 |
2013 | 121,122 | -10.96 |
2014 | 123,950 | 2.33 |
2015 | 182,231 | 47.02 |
2016 | 177,222 | -2.75 |
2017 | 203,314 | 14.72 |
2018 | 217,392 | 6.92 |
2019 | 162,689 | -25.16 |
2020 | 104,387 | -35.84 |
2021 | 198,921 | 90.56 |
2002 | 188,318 | -5.33 |
Pakistan New Motor Vehicle Sales Chart
Sources: Manufacturers, ANDC, JATO Dynamics.