The Center for Economic Research and Reforms released its analysis of the Uzbek automobile market for April 2025, highlighting a notable recovery after two months of declining activity.
In April, the total sales volume of passenger cars surged by 20% compared to the previous month, reaching over 77,000 units. Overall automotive sales rose 17% month-on-month (m/m), with nearly 90,000 vehicles sold across all segments.
Most regions in Uzbekistan experienced increased car market activity. The Syrdarya region led with a 34% rise in sales, followed closely by the city of Tashkent at 32%, and the Republic of Karakalpakstan at 29% growth.
In the primary passenger car market, sales rose 15% m/m, totaling 26,000 vehicles. New domestically produced passenger car sales increased modestly by 4% to 20,500 units. Meanwhile, sales of new foreign passenger cars doubled from the previous month, reaching 5,300 units, signaling growing demand for imported models.
The secondary (used) car market rebounded strongly in April after a slight 2% decline in March. Used car sales increased by 22% to 52,000 units, reflecting renewed consumer confidence in this segment.
Although electric vehicle sales dipped 10% in April compared to March, this segment continues to show strong annual growth. Compared to April 2024, electric vehicle sales increased by 37%, indicating growing interest in eco-friendly transport options.
In November 2024, average prices for popular domestic cars and foreign luxury vehicles fell, while prices for domestic luxury and electric cars remained largely unchanged.
In December 2024, the secondary car market activity continued to slow down, leading to changes in average prices. This downward trend in the used car market persisted into January 2025, with prices for popular domestic cars dropping further compared to December.
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