Categories Uzbekistan

Car sales surge by 62% y/y in Uzbekistan, CERR reports 

Uzbekistan’s primary passenger car market is experiencing a positive shift after four months of declining activity, according to an analysis by the Center for Economic Research and Reforms (CERR).


                                            
                                                                                                Car sales surge by 62% y/y in Uzbekistan, CERR reports 

 

In January, sales in the passenger car segment increased by 9.5% compared to the previous month, reaching 78,600 units. This growth signals a recovery in market activity following a prolonged slowdown.

Among regions, the highest growth in car sales was recorded in Surkhandarya (27%), Andijan (25%), and Namangan (24%).

The new passenger car market showed an 18.5% increase in sales, with 4,100 more units sold compared to the previous month. However, despite this short-term recovery, activity in this segment remains 15% lower year-on-year.


                                            
                                                                                                Car sales surge by 62% y/y in Uzbekistan, CERR reports 

 

Sales of new domestically produced cars also reflected a positive trend, reaching 21,700 units, which is 3,300 more than in December.

The segment of new and used foreign-made passenger cars experienced a significant boost. In January, sales in this category grew by 21%, amounting to 4,900 vehicles. Year-on-year, this represents a 42% increase.

The secondary car market also saw growth, with sales reaching 52,000 vehicles, marking a 5.4% rise from December 2024.

The market for new and used electric vehicles demonstrated remarkable growth at the beginning of the year, with sales reaching 5,500 units, a 24% increase.

Notably, sales of used light electric vehicles tripled over the past year, while sales of new electric vehicles grew 1.3 times.

 

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