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Bulgaria Car Sales Data

Sales of New Cars In Bulgaria

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Annual Sales Data (Table)
Annual Sales Data (Chart)

Sales of New Cars In Bulgaria – Data, Trends, Charts & Analysis

Here you will find annual car sales figures for Bulgaria. These statistics are Total Market Volumes, which include passenger cars as well as light commercial vehicles (LCVs).

Since the mid-2000s, the Bulgarian car market has fluctuated heavily, growing to a peak of over 55.000 sales in 2008 before collapsing by almost half in the next year (similar to Croatia) and by another third in 2010 to a low of under 19.000 sales that year, just a third of its volume of two years earlier. The market has been in recovery since, with double digit growth in 2011, 2012, 2015 and 2017, and is back to above its 2009 level. During the good times, LCV sales made up over 20% of total car sales in Bulgaria, but their share dropped to an average of 15% since 2009 with a low of 12,7% in 2012.

Bulgaria Automotive Sales Data & Recent Highlights

The Bulgaria car sales market has been recovering from the decline in 2020. The market has been growing at an average annual growth rate of 7.3%. There are a number of factors that have contributed to the recovery of the Bulgaria car sales market. These include the economic recovery, the increasing demand for SUVs, and the government incentives for electric vehicles.

The economic recovery has led to an increase in disposable income, which has made it easier for people to afford cars. The increasing demand for SUVs is due to the fact that they are seen as more practical and comfortable than sedans. And the government incentives for electric vehicles are making them more affordable for people.

However, there are some challenges that the Bulgaria car sales market faces. These include the high cost of cars, the limited availability of financing, and the poor road infrastructure. The high cost of cars makes them less affordable for many people in Bulgaria. The limited availability of financing makes it difficult for people to get loans to buy cars. And the poor road infrastructure makes it difficult to drive cars in some parts of the country.

Despite these challenges, the Bulgaria car sales market is expected to continue to grow in the coming years. The economic recovery and the increasing demand for SUVs are expected to continue to drive demand for cars. And the government is taking steps to address the challenges facing the market, such as reducing import duties and improving the road infrastructure.

Interesting Bulgaria New Car Sales Stats

  • Best Sales Year Volume: 45,143 units sold
  • Worst Sales Year Volume: 16,257 units sold
  • Average Sales Per Year: 27,962.4 units sold
  • Total Sales Units (since 2005): 503,323 units sold

Top 5 Most Popular Automotive Brands In Bulgaria

The top 5 car brands sold in Bulgaria. These brands have been consistently popular in Bulgaria for many years. They offer a wide range of models to choose from, and they are known for their reliability and affordability.

  1. Toyota
  2. Renault
  3. Volkswagen
  4. Skoda
  5. Kia

Bulgaria New Motor Vehicle Sales Table

Year Sales Growth
2005 25,956
2006 36,455 40.45
2007 43,521 19.38
2008 45,143 3.73
2009 22,869 -49.34
2010 16,257 -28.91
2011 19,250 18.41
2012 19,419 0.88
2013 19,352 -0.35
2014 23,500 21.43
2015 23,500 0.00
2016 26,370 12.21
2017 33,265 26.15
2018 37,506 12.75
2019 35,371 -5.69
2020 22,368 -36.76
2021 24,537 9.70
2022 28,684 16.90

Bulgaria New Motor Vehicle Sales Chart

Sources: Manufacturers, ANDC, JATO Dynamics.