SUV sales in Europe between 1995 and 2022
- 说明
SUV sales in Europe between 1995 and 2022
- Sales of SUVs (Sport Utility Vehicles) in Europe have grown significantly since the early 2000s, driven by strong marketing from carmakers. While their market share did not exceed 2% of total PCsales in Europe in 1995 and 3% in the year 2000, it increased to 7% in 2005, then 12% in 2010, 23% in 2015, 40% in 2020 and 50% in 2022.
- This exponential sales increase was made to the detriment of sedans and MPVs, almost completely ousting this last category, even if the SUVs took over a certain number of their characteristics such as the family aspect of the interior layout, thus moving away from the first rather rustic 4x4s. This growth has been encouraged by the decline of SUVs towards the lower segments, but no one knows if this growth will continue for several more years or if the SUV market will reach saturation, despite an increase in supply.
- In terms of sales volume, SUVs represented just over 5 million units in Europe in 2022. They had approached the 6 million units mark in 2019 but in a much larger global market (40% higher). It should be noted that the volume of SUV sales in 2022 does not exceed that recorded in 2018 (in a sharply declining global market: -30%).
- The 10 best-selling SUVs in Europe in 2022 are the Volkswagen T-Roc (165,701 units), Volkswagen Tiguan (137,476 units), Peugeot 2008 (137,404 units), Tesla Model Y (135,461 units), Hyundai Tucson ( 133,223 units), Ford Puma (129,035 units), Renault Captur (128,898 units), Dacia Duster (122,329 units), Ford Kuga (120,387 units) and Kia Sportage (118,943 units).
MPV sales in Europe between 1995 and 2022
- 说明
MPV sales in Europe between 1995 and 2022
- Sales of MPVs (Multi Proposes Vehicles) in Europe increased significantly between 1996 and 2006, the start of this period corresponding to the launch of the Renault Scénic(C-segment) which was followed fairly quickly by its competitors at Citroën (Picasso) and brands foreign, such as Opel, Ford, Fiat, Volkswagen.
- The previous period (1985-1995) had been mainly marked by the Renault Espace (D-segment) which had pioneered MPVs in Europe in 1984 (based on a Matra design) and did not then encounter strong competition. This is the reason why this period is characterized by a very weak minivan market (around 1% to 2% per year).
- The peak of MPV sales in Europe was reached in 2006, with 2.3 million sales and a market share of 15%, compared to 4.5% in 1997, 7.5% in 2000 and 11.5% in 2003. From this date, MPVs began their decline, victims of the strong increase in sales of SUVs which competed directly with them. In 2022, only 210,000 MPVs were sold in Europe.
- The MPV market share in Europe fell from 15% to 12% in 2008, then to 10% in 2013, 5% in 2018, 3% in 2020, 2% in 2021 and 2022. It is to highlight that all MPVs mainstream carmakers have been phased out and only Premium carmakers remain (BMW Active Tourer, Mercedes B-Class) but for how long?
- According to Inovev, the MPV market has no chance of rising again in the short term in Europe, because there is no more offer from carmakers. All MPVs have been gradually replaced by SUVs, the latest being the Renault Espace itself.
Evolution of the Israeli car market
- 说明
Evolution of the Israeli car market
- The Israeli car market has evolved between 200,000 and 300,000 vehicles per year for the past ten years, the bar of 300,000 units having never been reached. However, it could be crossed in 2023 or 2024. In 2022, a volume of 269,504 vehicles were registered in this market, down slightly from 2021. Like the Saudi automotive market, the Israeli market is solely dependent on imports.
- The Israeli market is above all an SUV market, as these (especially C-segment) represent 147,000 units in 2022, i.e. 55% of total sales. Sedans represent 103,000 units (mainly C-segment) or 38% of total sales. The rest consists of 7,500 vans (3% of the market), 6,500 MPVs (2% of the market) and 5,500 pick-ups (2% of the market).
- By carmaker, the Korean group Hyundai-Kia consolidates its leading position in the Israeli market in 2022, with 30% of total sales, well ahead of the Toyota groups (14% of total sales) and Volkswagen (11% of total sales). Chinese brands already account for 7% of total sales. Despite the dominant position of Hyundai-Kia, we note that Japanese carmakers represent a total of 32% of the Israeli market, more than the Korean carmaker. Apart from Volkswagen and Stellantis, European carmakers are not very present in this market.
- By model, the Kia Picanto sold 12,968 units last year, ahead of the Toyota Corolla (10,748 units), Hyundai Tucson (7,443 units) and Mazda 2 (6,940 units). Note that battery electric vehicles were sold at 24,693 units (9% of total sales), full hybrids at 11,117 units and plug-in hybrids at 5,067 units.
Evolution of the Saudi automobile market
- 说明
Evolution of the Saudi automobile market
- The evolution of the Saudi automobile market is often dependent on the evolution of oil prices, which remains an essential product for the country's wealth. When prices fall, the enrichment of the country is less important and the automotive market falls and vice versa, when prices rise the Saudi market rises again.
- For the past two years, oil prices have been on the rise again and therefore the automobile market is increasing. In 2022, it reached a volume of 651,484 units (PC+LUV) compared to just under 500,000 units in 2020. But it reached more than 750,000 units per year during its best years, as in 2014, 2015 and 2016, with sales peaking in 2015 with a volume of nearly 900,000 units.
- The Saudi market is mainly a sedan market (280,000 sales in 2022) especially C and D segments (220,000 sales) and SUVs (250,000 sales) especially C and D segments (200,000 sales). Sedans represent 43% of the Saudi market and SUVs 38%. Pickups represent 11% of total sales, with 73,000 units in 2022. Minivans represent only 1% of total sales. Finally, 7% of the market concerns Vans and other light utility vehicles.
- In 2022, the Toyota group consolidates its position on the Saudi market (33% of total sales), ahead of the Hyundai-Kia group (19% of total sales). Chinese brands already account for 16% of total sales in the Saudi market. European carmakers are very little present on this market (less than 3% of total sales).
- The three best-selling models in 2022 were the Toyota Camry (38,124 units), Toyota Hilux (31,148 units) and Toyota Yaris (30,265 units) ahead of the Hyundai Elantra (25,097 units) and Hyundai Accent (18,297 units).
The Vietnamese market in 2022
- 说明
The Vietnamese market in 2022
- The Vietnamese automotive market remained at a very low level for a long time, around 50,000 vehicles per year, all imported. The start of the Vietnamese market really began in 2013 and its growth has only intensified since then, reaching 200,000 in 2016, 250,000 in 2019 and 300,000 in 2022. We are therefore witnessing a real market in creation, as China from 2005, which tends to show that a middle class able to buy a car is emerging in Vietnam.
- It is in this context that assembly plants (CKD) began to multiply in Vietnam in the 2010s, which makes it possible to assert that today 70% of vehicles registered in this country come from local factories, while only 30% comes from imports.
- In 2019, local conglomerate Vingroup built a Vinfast car factory in Haiphong. It is the first automobile factory developed by a Vietnamese company. But Vinfast models are sold in low quantities today (less than 5% market share in 2022).
- The main brands sold in Vietnam are Japanese. Toyota, Mazda, Mitsubishi, Honda and Suzuki represent 71% of the Vietnamese market in 2022. The Koreans Hyundai and Kia represent 21% of the Vietnamese market. The Japanese and Koreans therefore represent 92% of this market. The Nissan brand stopped selling cars in Vietnam in 2020. The GM group stopped its distribution in 2018, but Ford continues with 4% of the market in 2022. Stellantis also holds 4% of the Vietnamese market, via the Peugeot brand. It is to be noted that Chinese brands are currently absent from this market.