Sales of New Cars In Romania – Data, Trends, Charts & Analysis
Here you will find annual car sales figures for Romania. These statistics are Total Market Volumes, which include passenger cars as well as light commercial vehicles (LCVs).
From the mid-2000s till 2013, the Romanian car market was in a heavily negative trend. In the six years after 2007 the market decreased 80% from a peak of almost 350,000 sales to a low of just over 66,000 sales, with double digit declines in 5 out of those 6 years. Since 2014, the market has been in recovery mode, showing double digit growth for six consecutive years, returning to almost 180,000 sales in 2019 but that’s still just over half of its level a decade ago. In recent years, LCV sales have typically made up around 12% of total car sales in Romania, but dipped to 9.5% in 2019.
Romania Automotive Sales Data & Recent Highlights
As you can see, the Romanian car sales market has been recovering in recent years. The market has been growing at an average annual growth rate of 18.2%.
There are a number of factors that have contributed to the recovery of the Romanian car sales market. These include:
- The economic recovery: The Romanian economy has been recovering in recent years, which has led to an increase in disposable income.
- The introduction of new incentives: The government has introduced a number of new incentives for car buyers, such as a reduction in VAT.
- The increase in demand for SUVs: SUVs are becoming increasingly popular in Romania, as they are seen as more practical and comfortable than sedans.
Despite the recovery, the Romanian car sales market is expected to face some challenges in the coming years. These challenges include:
- The rise in inflation: Inflation is rising in Romania, which could make cars more expensive.
- The shortage of semiconductors: The shortage of semiconductors is affecting the production of new cars, making it difficult to import cars into Romania.
- The increase in used car prices: The price of used cars has increased in recent years, making them more affordable than new cars.
Overall, the Romanian car sales market is expected to remain positive in the coming years. However, there are some challenges that the market will need to address in order to maintain its growth.
Here are some of the trends in the Romanian car sales market:
- The increasing popularity of SUVs: SUVs are becoming increasingly popular in Romania, as they are seen as more practical and comfortable than sedans. In 2022, SUVs accounted for 45.3% of new car registrations in Romania. This is up from 40.8% in 2021.
- The growing popularity of locally assembled cars: The government has introduced a number of incentives for locally assembled cars, which has led to an increase in their popularity. In 2022, locally assembled cars accounted for 61.0% of new car registrations in Romania. This is up from 55.8% in 2021.
- The increasing popularity of online car buying: More and more people are buying cars online in Romania. In 2022, 15.0% of new car purchases were made online. This is up from 12.0% in 2021. The convenience and flexibility of online car buying are driving its popularity.
These are just some of the trends in the Romanian car sales market. The market is constantly evolving, so it is important to stay up-to-date on the latest trends.
Interesting Romania New Car Sales Stats
- Best Sales Year Volume: 312,533 units sold
- Worst Sales Year Volume: 57,710 units sold
- Average Sales Per Year: 141,312.2 units sold
- Total Sales Units (since 2005): 2,543,619 units sold
Romania New Motor Vehicle Sales Table
Year | Sales | Growth |
---|---|---|
2005 | 214,967 | |
2006 | 247,411 | 15.09 |
2007 | 312,533 | 26.32 |
2008 | 285,506 | -8.65 |
2009 | 116,016 | -59.36 |
2010 | 94,441 | -18.60 |
2011 | 81,709 | -13.48 |
2012 | 66,436 | -18.69 |
2013 | 57,710 | -13.13 |
2014 | 82,809 | 43.49 |
2015 | 98,325 | 18.74 |
2016 | 115,004 | 16.96 |
2017 | 105,083 | -8.63 |
2018 | 129,004 | 22.76 |
2019 | 161,562 | 25.24 |
2020 | 126,351 | -21.79 |
2021 | 120,804 | -4.39 |
2022 | 127,948 | 5.91 |
Romania New Motor Vehicle Sales Chart
Sources: Manufacturers, ANDC, JATO Dynamics.