A stronger monthly double-digit growth in sales of private vehicles and motorcycles as well as trailers led Qatar's automobile sector traverse in top gear this September, according to the Planning and Statistics Authority (PSA).
The country witnessed 8,446 new vehicles registered in September 2023, expanding 11.9% and 0.9% month-on-month and year-on-year respectively in the review period.
The number of driving licences however saw a 1.1% month-on-month decline to 9,187 in September 2023 with those issued to Qatari females and non-Qatari males clocking 7.8% and 2.4% contraction; even as those to Qatari males and non-Qatari females reported 7.9% and 5.1% growth respectively.
The registration of new private vehicles stood at 6,074; which surged 16.6% and 13.9% on a monthly and yearly basis respectively in September 2023. Such vehicles constituted 72% of the total new vehicles registered in the country in the review period.
The registration of new private transport vehicles stood at 1,053; which nevertheless fell 7.9% and 36.1% month-on-month and year-on-year respectively in September 2023. Such vehicles constituted 12% of the total new vehicles in the review period.
The registration of new private motorcycles stood at 299 units, which soared 19.1% on a monthly basis but plummeted 50.5% year-on-year in September 2023. These constituted 3% of the total new vehicles in the review period.
The registration of new heavy equipment stood at 154, which constituted 2% of the total registrations this September. Their registrations had seen 38.6% and 22.6% shrinkage on monthly and annualised basis respectively in the review period.
As many as 54 trailers were registered in September 2023, which zoomed 20% month-on-month but tanked 34.9% year-on-year. These constituted 1% of the total new vehicles in the review period.
The new registration of other non-specified vehicles stood at 812 units, which soared 25.7% and 61.8% on monthly and yearly basis respectively this September. These constituted 10% of the total new vehicles registered in the country in the review period.
The clearing of vehicle-related processes stood at 123,044 units, which was down 1.9% and 2% on a monthly and yearly basis respectively in the review period.
The renewal of registration was reported in 70,539 units, which saw 3% contraction month-on-month but grew 7.2% year-on-year in September 2023. It constituted 57% of the clearing of vehicle-related processes in the review period.
The transfer of ownership was seen in 32,435 vehicles in September 2023, which fell 0.5% and 3.1% on a monthly and annualised basis respectively. It constituted 26% of the clearing of vehicle-related processes in the review period.
The modified vehicles’ registration stood at 3,855; which shrank 14.7% and 28.2% month-on-month and year-on-year respectively in September 2023. They constituted 3% of the clearing of vehicle-related processes in the review period.
The number of lost/damaged vehicles stood at 3,389 units, which was down 0.1% and 56.5% on a monthly and yearly basis respectively in September 2023. They constituted 3% of the clearing of vehicle-related processes in the review period.
The number of cancelled vehicles was 2,658; surging 9.1% month-on-month but declined 17.2% on an annualised basis in September 2023. They constituted 2% of the clearing of vehicle-related processes in the review period.
The number of vehicles meant for exports stood at 1,655 units, which plunged 23.5% month-on-month but shot up 10.2% year-on-year in September 2023. It constituted 1% of the clearing of vehicle-related processes in the review period.
The re-registration was done in 177 vehicles, which expanded 28.5% and 41.9% month-on-month and year-on-year respectively in September 2023.
Related Story