Iran purchased 1.35 million vehicles in 2022
- Iranian automobile market (PC+LUV) is evolving in sawtooth wave depending on the pace and intensity of the economic sanctions applied against the Iranian country. In 2022, the Iranian market returned to a normal level, at 1.35 million vehicles sold, up 50% compared to 2021.
- This figure is, however, still far from the sales peak reached in 2011 (1.6 million vehicles sold) but is close to the Iranian government's objectives, i.e. a market of 1.5 million vehicles per year.
- The peak of registrations was reached in 2011 after a slow and steady increase, doubling the score of 2003 (800 000 vehicles sold). The Iranian market then collapsed in 2012-2013, falling back to the 2003 level. From 2014, the Iranian market began new growth which led it to a volume of nearly 1.6 million units in 2017. Again, from 2018, following a strengthening of economic sanctions against Iran, the Iranian market collapsed, falling to 890,000 units in 2019. The market then stabilized at 900,000 units in 2021. The 2022 figure is the fourth best score achieved by the Iranian market since 2010.
- The two national carmakers (Iran Khodro, SAIPA) remain the two major leaders of the Iranian automobile market, representing 82% of the Iranian market with 42% for Iran Khodro and 40% for SAIPA. The best-selling model in 2022 remains the Pars which is a modernized version of the old Peugeot 405, a distant heir to the original Hillman Paykan.