Malawi Autos Report Q3 2015

Attention: There is an updated edition available for this report.

Malawi Autos Report Q3 2015

BMI maintained a particularly bearish outlook for vehicle sales in Malawi in 2014. We expect to see somemodest growth in 2015 due to pent-up demand in the market, but we maintain that sales are likely to remainlow in volumes terms due to high inflation, the depreciating local currency, and high interest rates.

Food insecurity has caused the price of maize to climb, and resulted in long queues for the little that isavailable. An estimated 2mn people are in need of food aid within the country and, for the first time in sixyears, Malawi has had to import maize from neighbouring Zambia to meet its domestic requirements.

Public discontent is rising in Malawi, as inflation continues to soar, in large part due to the weak currency,as authorities have devalued the kwacha in preparation for the adoption of a floating exchange rate regime.

The government had tried to address the issue through tight monetary policy, but with little effect.

The principal market constraint for the passenger car segment is affordability. Indeed, much of the marketfor new vehicles caters to the wealthy elite and foreign nationals, and government contracts to a certainextent. As in many emerging markets, second-hand vehicles dominate the Malawian passenger car segment.

BMI Industry View
Industry Forecast
Table: Autos Total Market - Historical Data And Forecasts (Malawi 2013-2019)
Passenger Cars
Table: Passenger Car Market - Historical Data And Forecasts (Malawi 2013-2019)
Commercial Vehicles
Table: Commercial Vehicle Market - Historical Data And Forecasts (Malawi 2013-2019)
Industry Risk Reward Ratings
Africa - Risk/Reward Index
Table: Sub-Saharan Africa Autos Risk/Reward Index
Company Profile
Company Monitor
MEA A Good Starting Point
Key Markets Also Bring Challenges
Regional Overview
Table: Sub-Saharan Africa Autos Production Investment
Global Industry Overview
Table: Passenger Car Sales March (CBUs)
US Slowdown A Temporary Glitch?
Europe Recovery Will Be Steady
Asia Carries The BRIC States
Demographic Forecast
Table: Population Headline Indicators (Malawi 1990-2025)
Table: Key Population Ratios (Malawi 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Malawi 1990-2025)
Table: Population By Age Group (Malawi 1990-2025)
Table: Population By Age Group % (Malawi 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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