Analytics, Baltic, Car market, Transport
International Internet Magazine. Baltic States news & analytics
Friday, 26.04.2024, 05:48
New light-vehicle registrations in the Baltic States declined by 52% in 2Q 2020
Such is an outcome of quarantine measures taken by the
governments because of coronavirus (COVID-19) pandemic on the economy. All
three countries had quite similar bad showings: Lithuania sunk by 53.7% (to
6’779 units), Estonia – by 54.3% (to 4’243 units) and Latvia – by 44.5% (to
3’177 units), thus suffering the least.
As for country share,
Lithuania accounted for 47.7%, while Estonia and Latvia respectively had 29.9%
and 22.4% shares. When calculated per 1’000 inhabitants, thought all showings
are much worse, Estonia remained the leader here with its index 3.2, while
Lithuania (2.4) and Latvia (1.7) were left behind.
There were 12’423 passenger cars (-52.8%) and 1’776 light
commercial vehicles (-46.7%) registered in the Baltic States in II quarter
2020. The best performing makes (brands) were Toyota (2’239 units), Fiat
(2’230), Volkswagen (1’471), Skoda (1’459) and Renault (901). The most popular
models were Fiat Tipo (1’153 units), Toyota RAV4 (791), Fiat 500 (781), Toyota
Corolla (575) and Skoda Octavia (473). Some country-specific details regarding
II quarter 2020 can be found in the table.
New light-vehicle registrations in the Baltic States declined by 31.4% to 37’068 units in the first half of 2020. Lithuania was down by 29.3% to 18’488 units thus keeping the lead. Latvia decreased by 30.5% to 7’530 units, while Estonia slipped by 35.2% to 11’050 units.
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