Uganda Autos Report - Business Monitor International - Industry Reports

Uganda Autos Report

Uganda Autos Report - Business Monitor International - Industry Reports
Uganda Autos Report
Published Aug 06, 2016
25 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

A further obstacle to passenger vehicle sales will be the weakening Ugandan shilling and the high inflation rate. Our Country Risk team believe that the Bank of Uganda has reached the peak of its hiking cycle and has subsequently cut its policy rate by --- basis points (bps) since April ----. ...Inflation is forecast to grow to -.- in ---- and remain at an annual average of -.- in our --------- forecast period. The weak Ugandan shilling will increase the price of imported vehicles, and despite the cutting cycle, the high interest rate of a forecasted --.- by the end of ---- to combat the inflationary pressures, will increase the cost of lending and reduce the consumer s ability to finance vehicle purchases. However, our Country Risk team maintain that private consumption growth will remain robust in ----, which will support passenger sales vehicle growth. ...This will provide support to passenger vehicle sales over our --------- forecast period. Table: Commercial Vehicle Market - Historical Data And Forecasts (Uganda ---------) ----e ----e ----f ----f ----f ----f ----f Commercial vehicle sales, units --,--- --,--- --,--- --,--- --,--- --,--- --,--- Commercial vehicle sales, units, y-o-y --.- --.- -.- -.- -.- -.- -.- Light commercial vehicle sales, units -,--- -,--- -,--- -,--- -,--- -,--- -,--- Light commercial vehicle sales, units, y-o-y ---.- --.- -.- -.- -.- -.- -.- Heavy truck sales, units -,--- -,--- --,--- --,--- --,--- --,--- --,--- Heavy truck sales, units, y-o-y ---.- --.- -.- -.- -.- -.- -.- Bus and coach sales, units --,--- --,--- --,--- --,--- --,--- --,--- --,---

...Light commercial vehicle first registrations: -.- ; -.- Heavy truck first registrations: -.- ; -.- Bus and coach first registrations: -.- ; -.- The government s ambitious infrastructure plans will continue to provide the boost to commercial vehicles which will result in commercial vehicle first sales outperforming passenger vehicle sales. Our Infrastructure team forecast construction industry value to grow -.- in ---- and at an annual average of -.- to ----. ...Additionally, the growing potential of Uganda s oil industry, along with upgrades to the power industry, will boost commercial vehicle sales. The main driver of growth in the bus and coach sales segment will be minibuses which are used as commuter taxis and serve as the main method to get around the country for those who do not own a vehicle or motorcycle. Consumers who have been priced out of the vehicle market as a result of the environmental taxes on used passenger vehicles will migrate to the public transport and taxi sectors. ...The jump in arrivals will boost the need for improved public transport and provide support to bus and coach sales.

...The vehicle market in Uganda is dominated by used imported vehicles and these will continue to hinder the new vehicle market over our --------- forecast period. One positive move has been the government s decision to tighten vehicle import rules which will develop the new car market and improve the country s ageing vehicle fleet. ...

  
Source:
Document ID
2049-4238
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Uganda Autos Report" Aug 06, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Uganda-Autos-Report-2026-1272>
  
APA:
Business Monitor International - Industry Reports. (2016). Uganda Autos Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Uganda-Autos-Report-2026-1272>
  
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