Overview of Qatar’s Automobile Market in 2023

Qatar’s automobile sales declined by double digits in 2023 to 64,683 units, down 16.5% compared to 2022. In the previous year, the market size had been pushed up by the economic effects of the World Cup held in Qatar, but it declined to 2021’s level in 2023. On the other hand, sales remained above the low levels of 2017-2019 (45,000-60,000 units) and 2020 during the coronavirus pandemic (51,000 units), indicating a recovery trend from a medium-term perspective.