Kuwait Autos Report Q3 2016

Date: June 29, 2016
Pages: 33
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)

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Includes 3 FREE quarterly updates

BMI View: We maintain a cautious view on the outlook for Kuwaiti new vehicle sales in 2016. In the absence of any monthly data having been released as yet by the local authorities, we retain our forecast of 0.5% growth for the market this year.

Key Views
  • Many Kuwaitis scaling back on big purchases, such as a new vehicle, given the country's sluggish economy, low oil prices and rising interest rate environment.
  • Moreover, the Kuwaiti dinar continues to lose value, increasing the cost of imported cars to Kuwaiti consumers.
  • Mazda has seen strong growth in its Kuwaiti sales over Q116, boding well for a positive performance by local dealership partner KAICO over the full year.
BMI Industry View
Key Views
Industry Forecast
  Table: Autos Total Market - Historical Data And Forecasts (Kuwait 2014-2020)
Latest Developments
Structural Trends
Passenger Vehicles
Latest Developments
  Table: Kuwait - Top 10 Manufacturers By Sales, 2015
Luxury Cars
Commercial Vehicles
Latest Developments
Industry Risk Reward Ratings
Industry Risk/Reward Index
North African Risks Come To The Fore
GCC Still Ahead But Rewards Are Limited
Iran Offers Biggest Rewards For Biggest Risks
Company Profile
Al-Sayer (Toyota)
Al Mulla
Kuwait Automotive Imports (KAICO)
Regional Overview
Industry Trend Analysis
  Table: Middle East And North African Autos Production Investments
Suppliers Join Growing Hubs
Slow But Steady GCC Growth
Demographic Forecast
  Table: Population Headline Indicators (Kuwait 1990-2025)
  Table: Key Population Ratios (Kuwait 1990-2025)
  Table: Urban/Rural Population & Life Expectancy (Kuwait 1990-2025)
  Table: Population By Age Group (Kuwait 1990-2025)
  Table: Population By Age Group % (Kuwait 1990-2025)
Industry Forecasts
Sector-Specific Methodology
Risk/Reward Index Methodology
  Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators
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