Key findings: P6343.2 - Motor trade sales, December 2021

Measured in nominal terms (current prices), motor trade sales increased by 11,6% year-on-year in December 2021. The largest annual growth rates were recorded for:

·       fuel sales (23,5%);

·       sales of accessories (9,8%); and

·       new vehicle sales (9,1%).

 

In 2021, motor trade sales increased by 20,5% compared with 2020. The largest contributors were:

  • fuel sales (20,0% and contributing 5,9 percentage points);
  • new vehicle sales (27,6% and contributing 5,7 percentage points); and
  • used vehicle sales (21,5% and contributing 4,2 percentage points).

 

Seasonally adjusted motor trade sales increased by 0,1% in December 2021 compared with November 2021. This followed month-on-month changes of 2,4% in November 2021 and 0,2% in October 2021.

 

Seasonally adjusted motor trade sales increased by 7,5% in the fourth quarter of 2021 compared with the third quarter of 2021.

 

Motor trade sales increased by 11,4% in the fourth quarter of 2021 compared with the fourth quarter of 2020. The main contributors to this increase were:

  • fuel sales (21,0% and contributing 6,0 percentage points); and
  • new vehicle sales (10,5% and contributing 2,2 percentage points).