Jordan, Lebanon and Syria Autos Report

Published 25 August 2015

  • 94 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
$1,295.00
Jordan, Lebanon and Syria Autos Report

BMI retains a negative near-term view on the new vehicle sales outlook for Jordan, Lebanon and Syria. This reflects the deteriorating regional economic and political situation. We are now targeting falls in auto sales for all three countries over 2015.

Starting with Jordan, BMI retains a downbeat stance towards new vehicle sales this quarter, as we feel that the growing threat to the Kingdom's borders from ongoing attacks from Islamic State (IS) insurgents more than outweighs what is a reasonably propitious domestic macroeconomic backdrop.

According to an April 2015 report by the Associated Press (AP), ongoing border violence has led to the closure of the sole Syria-Jordan trade crossing, effectively paralysing its overland trade routes. The report also stated that Jordanian exports were already down by 17% y-o-y over the first two months of 2015, before the security situation worsened. With specific regard to the auto sector, the AP report quoted a trader who said that he had stopped selling cars to Iraq, following the imposition of IS 'tariffs', whereby IS fighters arbitrarily charge USD2,000 for each imported car passing through an IS-manned checkpoint.

In mid-July 2015, the AP reported that the Iraqi authorities had closed the country's only border crossing with Jordan, in Trebil, until further notice, citing Saad Maan, a spokesman for Iraq's Joint Operations Command. The closure of the Trebil crossing, which was later confirmed by a Jordanian government official, according to the report, is part of an effort to prevent Islamic State militants from imposing taxes on cargo trucks crossing areas under their control. Maan noted that the crossing would reopen once the security situation improves.

These fears over the regional security situation outweigh what is a fairly propitious domestic macroeconomic backdrop. We believe that Jordanian economic growth will outpace most of its regional peers in 2015 and 2016, boosted by private consumption and large-scale public...

BMI Industry View
7
SWOT
10
Political
11
Economic
12
Operational Risk
13
Political
15
Economic
17
Operational Risk
18
Political
20
Economic
21
Operational Risk
22
Industry Forecast
23
Industry Forecast - Jordan
23
Table: Autos Total Market - Historical Data And Forecasts (Jordan 2013-2019)
23
Table: Passenger Car Market - Historical Data And Forecasts (Jordan 2013-2019)
23
Trade
25
Passenger Cars
26
Luxury Cars
27
Alternative Fuels
28
Industry Forecast - Lebanon
30
Table: Autos Total Market - Historical Data And Forecasts (Lebanon 2013-2019)
30
Table: Passenger Car Market - Historical Data And Forecasts (Lebanon 2013-2019)
30
Table: Commercial Vehicle Market - Historical Data And Forecasts (Lebanon 2013-2019)
30
Passenger Cars
33
Table: Lebanon - Top Five Best-Selling Brands, 2014
34
Industry Forecast - Syria
35
Table: Autos Total Market - Historical Data And Forecasts (Syria 2013-2019)
35
Macroeconomic Forecasts
40
Economic Analysis
40
Economic Analysis
45
Economic Analysis
52
Industry Risk Reward Ratings
57
Middle East - Risk/Reward Index
57
GCC Still Dominates
57
Little Change Mid-Table
58
Conflicts Take Their Toll
58
Table: MENA - Autos Risk/Reward Index
60
Company Profile
61
Company Monitor
61
MEA A Good Starting Point
62
Key Markets Also Bring Challenges
63
Hyundai-Kia
66
Renault
67
Regional Overview
68
Industry Trend Analysis
68
Table: MENA - Autos Production Investments
68
Global Industry Overview
70
Table: Passenger Car Sales March (CBUs)
70
US Slowdown A Temporary Glitch-
70
Europe Recovery Will Be Steady
72
Asia Carries The BRIC States
73
Demographic Forecast
75
Jordan Demographic Forecast
75
Table: Population Headline Indicators (Jordan 1990-2025)
76
Table: Key Population Ratios (Jordan 1990-2025)
76
Table: Urban/Rural Population & Life Expectancy (Jordan 1990-2025)
77
Table: Population By Age Group (Jordan 1990-2025)
77
Table: Population By Age Group % (Jordan 1990-2025)
78
Methodology
80
Industry Forecasts
80
Sector-Specific Methodology
81
Sources
81
Risk/Reward Index Methodology
82
Table: Automotive Risk/Reward Index Indicators And Weighting Of Indicators
83

The Jordan, Lebanon and Syria Autos Report features the latest data and forecasts covering production, sales, imports and exports.

BMI Research's Jordan, Lebanon and Syria Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the automotives market in Jordan, Syria, Lebanon.

Key Benefits

  • Benchmark BMI's independent automotives industry forecasts on Jordan, Syria, Lebanon to test other views - a key input for successful budgetary and planning in the Jordanian, Syrian, Lebanese automotives market.
  • Target business opportunities and risks in the Jordanian, Syrian, Lebanese automotives sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Jordan, Syria, Lebanon.
  • Assess the activities and market position of your competitors, partners and clients via our Competitive Landscape Analysis.

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts and views, covering production, sales and the introduction of new technology or products.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the autos sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series and forecasts to end- 2019 for all key industry indicators (see list below), supported by explicit assumptions plus analysis of key downside risks to the main forecast, including:

Sales and production of motorcycles in units; total production of units; production by vehicle type (including cars, commercial vehicles, trucks and buses); total vehicle fleet size in units; sales by vehicle type, including passenger cars and commercial vehicles; fleet size by vehicle type, including passenger car, commercial vehicles and motorcycles; total vehicle trade balance in units; vehicle trade balance by vehicle type, including passenger car, commercial vehicle and motorcycle; car ownership measured as car density per 1,000 people.

BMI’s Autos Risk Reward Index

BMI’s Risk Reward Index provides investors (manufacturers, suppliers and dealers) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points. These provide indices of highest to lowest appeal to investors, with each indices explained.

BMI Economic Forecasts

BMI forecasts to end-2019 for all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape. The latest financial and operating statistics and key company  developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Global, Regional and Country Industry Overviews

In-depth analysis of the major global and regional developments in the market, which can be linked with the country industry overview, providing cross-country  investment, product and financing trends that will affect each market, supported by BMI’s global and regional industry forecasts.

Sources

The Autos reports draw on an extensive network of primary sources, such as manufacturing associations, statistical bureaus, government transport ministries, national chambers of commerce and industry, national statistical offices, government ministries and central banks and multinational companies.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%