Product Code: 2398-0990
BMI View: Growth in new vehicle sales in Sub-Saharan Africa remains weak at 3.1% in 2017, although
this is around the global average. We expect the second-hand market to continue being the main source of
purchases for most consumers in the region until pressures such as weak currencies and high inflation
begin to ease.
- Weakness in the key markets of Nigeria and South Africa will limit regional vehicle sales growth to 3.1% in 2017, which is far below potential.
- Existing pressures on the consumer in the region will still be in place in many markets in 2017, including currency weakness and high inflation, which make vehicles unaffordable.
- There are some bright spots in Southern Africa, such as Botswana and Tanzania, where we expect double-digit growth in 2017.
Table of Contents
BMI Industry View
- Table: Sub-Saharan Africa Historical Data And Forecasts
- Structural Trends
- South Africa Still Below Par
- Botswana And Tanzania Are Southern Bright Spots
- Nigeria Still A Long Way From Growth
- Industry Trend Analysis
Industry Risk Reward Ratings
- SSA Risk/Reward Index
- Cameroon The Biggest Mover
- Labour Risks At The Fore For Regional Leader
- Addition Of Ethiopia
- Sub-Saharan Africa Overview
- Table: Sub-Saharan Africa Production Investment
- Kenya Shines As EAC Hub
- Ethiopia Lives Up To 'Hotspot' Status
- Industry Forecasts
- Sector-Specific Methodology
- Risk/Reward Index Methodology
- Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators