Sales of New Cars In Ghana – Data, Trends, Charts & Analysis
As you can see, the Ghana car sales market has been fluctuating in recent years.
Ghana Automotive Sales Data & Recent Highlights
There was a sharp decline in sales in 2020, followed by a strong recovery in 2021. However, there was another decline in sales in 2022. There are a number of factors that have contributed to the volatility of the Ghana car sales market. These include the economic slowdown, the COVID-19 pandemic, and the high cost of cars.
The economic slowdown has led to a decrease in disposable income, which has made it difficult for people to afford cars. The COVID-19 pandemic has also disrupted the supply chain, making it difficult to import cars. And the high cost of cars makes them less affordable for many people in Ghana.
Despite the volatility, the Ghana car sales market is expected to continue to grow in the coming years. The economy is expected to recover, and the government is taking steps to address the challenges facing the market, such as reducing import duties and improving the road infrastructure.
Top 5 Most Popular Automotive Brands In Ghana
The top 5 car brands sold in Ghana. These brands have been consistently popular in Ghana for many years. They offer a wide range of models to choose from, and they are known for their affordability in a market with low disposable income. These brands also produce models that are commercial in nature and can do more than just ferry family around.
- Toyota
- Nissan
- Suzuki
- Hyundai
- Volkswagen
Ghana New Motor Vehicle Sales Table
| Year | Sales | Growth |
|---|---|---|
| 2005 | 2,500 | |
| 2006 | 3,000 | 20.00 |
| 2007 | 3,500 | 16.67 |
| 2008 | 3,500 | 0.00 |
| 2009 | 4,500 | 28.57 |
| 2010 | 4,000 | -11.11 |
| 2011 | 6,000 | 50.00 |
| 2012 | 6,500 | 8.33 |
| 2013 | 6,600 | 1.54 |
| 2014 | 6,900 | 4.55 |
| 2015 | 3,600 | -47.83 |
| 2016 | 4,200 | 16.67 |
| 2017 | 4,066 | -3.19 |
| 2018 | 4,268 | 4.97 |
| 2019 | 3,394 | -20.48 |
| 2020 | 3,710 | 9.31 |
| 2021 | 9,150 | 60.23 |
| 2022 | 5,000 | -44.44 |
Ghana New Motor Vehicle Sales Chart
Sources: Manufacturers, ANDC, JATO Dynamics.
