HomeNewsTunisia: Parallel market accounts for 30% of car registrations

Tunisia: Parallel market accounts for 30% of car registrations

Ibrahim Debache, President of the National Chamber of Car Dealers and Manufacturers, has pointed out that the parallel car market is putting a strain on the official new car sector.

The 20% reduction in the quota for official importers has led to a reduction in the presence of new cars on the Tunisian market… We have noticed the dominance of the parallel market in terms of sales, as this sector accounts for between 25% and 30% of registrations (…) So during the course of this year, there has been a significant drop in imports of new cars from the official market’.

In the first eight months of this year, sales on Tunisia’s parallel car market accounted for 23% of total sales on the local market as a whole, an increase of 15% compared with the same period in 2002.

According to statistics obtained by African Manager, some 11,341 cars of various types were sold on the parallel market in 2023, compared with 9,867 cars during the same period in 2022.

Sales of new cars also increased during the first eight months of 2023, but to the tune of 37023 units of various types and categories, compared to 36218 sold during the same period in 2022, an increase of 7.7%.

As a result, the total number of cars sold in Tunisia from the beginning of this year and up to last August was 48,364, compared with 46,085 during the same period in 2022.

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