Egypt Full Year 2022: Chery (+15.6%) stands out, Chevy T-Series #1 again in sinking market (-37.2%)
The Chery Arrizo 5 is up to 4th place in Egypt.
Discover over 15 years of Egyptian Historical Data here.
After two years of strong growth thanks to new free trade agreements, the Egyptian new light vehicle market falls apart in 2022 at -37.2% year-on-year to 174,538 sales, losing more than 100,000 units on 2021. Chevrolet (-40%) falls even faster than the market but retains the top spot for just 800 sales above Nissan (-10.1%) resisting well and improving its share from 9.6% to 13.8%. Suzuki (-7.3%) does even better and is up three spots on last year to #3 and 11.6% share vs. 7.9% in 2021. But its Chery (+15.6%) that manages by far the best performance in the market and the only Top 20 carmaker in positive. It jumps from #8 in 2021 to #4 this year with 10.8% share vs. 5.9% last year. Other Chinese fare BYD (-22.4%) is the only additional Top 10 brand to gain share year-on-year and leaps up to #10. Notice also Geely back into the Egyptian market at #22.
Over in the models aisle, the Chevrolet T-Series (-32.8%) lodges a 9th consecutive annual win and improves its market share from 9.8% to 10.5%. The Nissan Sunny (+0.2%) ends the year at #2 again but sees its share soar from 6% to 9.6%, above the Suzuki Swift/Dzire (+2.7%) up six spots on 2021 to close out the podium. Chery places two nameplates inside the Egyptian Top 5 in 2022: the Arrizo 5 is up 31.7% and 10 ranks to #4 and the Tiggo is up 49.7% and 16 spots to #5. Below, the Fiat Tipo (-54.8%) is down two ranks to #6, the BYD F3 (-22.4%) is up three to #7 and the Suzuki Microbus (+7.9%) is up eight to #10. It’s a forgettable year for the Toyota Corolla (-67.3%) and MG 5 (-53.5%).
Previous post: Egypt 9 months 2022: Chevrolet and Nissan lead, Chery up to third place
Previous year: Egypt 2021: Chevrolet T-Series manages 8th straight win in market up 26.5%
Two years ago: Egypt 2020: New free trade agreements lift market up 20.2%
Full Year 2022 Top 37 all brands and Top 50 models vs. Full Year 2021 figures below.