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Oman Autos Report Q2 2016

Oman Autos Report Q2 2016

BMI View: A combination of tougher import regulations and a slowing economy continue to weigh on theoutlook for the Omani new vehicle sales market in 2016. We expect a slight rebound in new vehicle salesgrowth (3.7%) in 2016, led by the luxury car segment of the market. However, this slight growth follows a24.3% plunge in sales during 2015.

Key Views

In 2016 we expect passenger car sales to grow 4.0% and commercial vehicles to grow 2.5%.

The luxury car segment's growth will outstrip that of the volume car segment.

Changes to calculations on used car import tariffs will price many consumers out of the market and havea devastating impact on the thriving second-hand import market.

If Iranian and other foreign carmakers establish local production facilities, this could provetransformative in terms of developing local auto production and supply chain.

Toyota is set to maintain local market leadership over 2016-2020.


BMI Industry View
Key Views
SWOT
Industry Forecast
Table: Autos Total Market - Historical Data And Forecasts (Oman 2014-2020)
Latest Developments
Table: Latest Developments
Structural Trends
Sales Set To Recover Slightly In 2016
Motorcycle Sales Undermined By New Regulations
Orchid Set To Bloom
Passenger Vehicles
Table: Passenger Car Market - Historical Data And Forecasts (Oman 2014-2020)
Latest Developments
Table: Latest Developments
Key Players
Table: Oman - Top 10 Best-Selling Manufacturers, 2014
Luxury Cars
Commercial Vehicles
Table: Commercial Vehicle Market - Historical Data And Forecasts (Oman 2014-2020)
Latest Developments
Table: Latest Developments
Industry Risk/Reward Index
GCC Stability Offsets Sales Downgrades
Long-Term Potential Comes With Risk
Iran The Most Attractive Outlier
Company Profile
Saud Bahwan Group
Latest Developments
Table: Latest Developments
Suhail Bahwan Automobiles
Latest Developments
Table: Latest Developments
Regional Overview
Table: Middle East And North African Autos Production Investments
Iran Already Drawing A Crowd...
North African Hub Expanding
Demographic Forecast
Table: Population Headline Indicators (Oman 1990-2025)
Table: Key Population Ratios (Oman 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Oman 1990-2025)
Table: Population By Age Group (Oman 1990-2025)
Table: Population By Age Group % (Oman 1990-2025)
Methodology
Industry Forecasts
Sector-Specific Methodology
Sources
Risk/Reward Index Methodology
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators

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