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📈 2024年12月の中古車輸出市場レポート!注目の急増・急減市場とは?

🌟 Bangladesh's Soaring Demand for Japanese Used Cars: A Market Boom in 2024


The global used car market has seen dynamic shifts in 2024, with Bangladesh emerging as the fastest-growing destination for Japanese used car exports. Recording an astonishing 103.4% increase, Bangladesh has outpaced all other nations in its demand for high-quality, fuel-efficient Japanese vehicles. But what's fueling this surge? Let’s break down the key factors that are transforming Bangladesh into a used car powerhouse.





🏆 Why Bangladesh's Used Car Imports Skyrocketed (+103.4%)?


1️⃣ Game-Changing Tax Policy

In October 2024, the Bangladeshi government slashed import duties on select categories of used vehicles. This tax revision particularly favored Japanese fuel-efficient cars, making them significantly more affordable. Meanwhile, tariffs on new car imports remained unchanged, enhancing the price advantage of second-hand imports.


💡 The impact? Buyers flocked to cost-effective Japanese imports, supercharging demand across the country.


2️⃣ Stronger Currency, Lower Costs

Bangladesh’s currency stabilized following economic reforms in 2023, leading to a stronger Bangladeshi Taka (BDT) against the Japanese Yen. This made Japanese vehicles cheaper than in previous years, allowing importers to place bulk orders at record levels.


🌟 Hot Take: With fuel efficiency and durability as key selling points, Japanese cars became the go-to choice for businesses and individuals alike.


3️⃣ Booming Ride-Sharing & E-Commerce

The explosive growth of Bangladesh’s ride-sharing and delivery services has driven massive demand for commercial vehicles. With Uber and local giants like Pathao scaling operations, fleets of Japanese sedans and small commercial vehicles have flooded the roads.


🚗 Business Impact: Fleet operators are opting for Japanese used cars due to their lower operational costs and long-term reliability.


4️⃣ Massive Dealer Promotions & Loan Flexibility

  • Major Bangladeshi used car dealers launched aggressive year-end promotions in December 2024.

  • The Bangladesh Central Bank (BB) expanded financing options, making it easier than ever to buy a used car with low-interest loans.


💰 The Result? Car ownership became accessible to a larger audience, driving up sales volumes significantly.


5️⃣ China & India’s Market Slowdown = Japan’s Gain

  • China’s rising logistics costs in late 2024 made its low-cost vehicles less competitive.

  • India’s supply chain bottlenecks affected new car production, causing delays and higher prices.


🎉 The Silver Lining? Bangladesh turned to Japan’s reliable used cars as the best alternative, pushing exports to record highs.


 

🏆 Why Pakistan's Used Car Imports Soared (+55.9%)?


1️⃣ Relaxation of Import Regulations

In November 2024, the Pakistani government eased restrictions on used car imports. Previously tight regulations were loosened, allowing importation of cars older than five years, particularly benefiting Japanese vehicles.

Additionally, duties on hybrid and electric vehicles were reduced, accelerating the influx of Japanese hybrid models.


💡 The impact? A surge in demand for affordable, fuel-efficient Japanese cars across Pakistan.


2️⃣ Currency Stabilization & Eased Forex Restrictions

The Pakistani Rupee (PKR) stabilized after its steep decline in 2023, lowering import costs from Japan.

  • Early 2023: A currency crash severely restricted vehicle imports.

  • 2024: The government improved foreign currency reserves management, enabling easier payment approvals for imports.


🌟 Hot Take: More importers could now place orders without forex restrictions hampering their operations.


3️⃣ Growing Demand for Commercial Vehicles

Pakistan’s booming logistics and ride-hailing industries fueled the need for used commercial vehicles.

  • E-commerce growth drove demand for small trucks & vans.

  • Uber and Careem promoted fuel-efficient sedans and hybrids, creating a steady market for Japanese imports.


🚗 Business Impact: Fleet expansions favored Japanese used cars due to their cost-efficiency and reliability.


4️⃣ Decline of Chinese & Korean Car Imports

  • China shifted its export strategy, limiting shipments to Pakistan in late 2024.

  • Korean automakers faced supply chain issues, increasing new car prices beyond affordability.


🎉 The Result? More Pakistani buyers turned to Japan for affordable used cars.


5️⃣ Aggressive Dealer Promotions & Financing Options

  • Major Pakistani dealers ran large-scale year-end promotions focusing on Japanese cars.

  • Flexible financing plans (installments & low-interest loans) attracted first-time buyers.

  • Import processes were streamlined, reducing logistics delays.


💰 The Outcome? The market saw a significant rise in Japanese car sales, further solidifying Japan’s dominance.


 

🔍 What’s Next? Future Market Predictions

  • If Bangladesh’s import-friendly tax policies remain in place, the used car market will continue its upward trajectory into 2025.

  • The rise of e-commerce and urban transport services will further fuel demand for fuel-efficient and cost-effective Japanese vehicles.

  • With China and India’s automotive supply chains still struggling, Japan’s stronghold on Bangladesh’s market may solidify even further.


 

🌎 Trusted Sources Backing the Trend

  • Dhaka Chamber of Commerce & Industry (DCCI): Reports on trade policies & import trends

  • Bangladesh Central Bank (BB): Currency impact & auto loan policies

  • Local Media (Dhaka Tribune, The Daily Star, Financial Express): Coverage on car import surges

  • Bangladesh Auto Dealers Association (BADA): Market trend data & dealer insights


 

🚀 Final Thoughts: The Road Ahead

  • Bangladesh is on the fast lane to becoming one of the largest importers of Japanese used cars. If current trends hold, 2025 could be an even bigger year, cementing its place as a key player in the global used car market.

    Want to stay ahead of the curve? Follow us for real-time market insights and expert analysis on the latest trends in global car exports!


 

Why DRC's Used Car Imports Dropped (-37.6%)?


1️⃣Political Instability & Economic Disruptions

From November to December 2024, political unrest intensified ahead of the December presidential elections.

  • Nationwide protests and demonstrations halted commercial activities.

  • Logistics and trade were affected due to disruptions at key ports and border crossings.

  • Strikes by port workers delayed import processing, making car imports unfeasible for many businesses.


⚠️ The Outcome? The uncertainty led to a massive slowdown in vehicle imports.


2️⃣ Collapse of the Congolese Franc (CDF)

Since October 2024, the Congolese Franc (CDF) devalued sharply against the USD and JPY.

  • Import costs skyrocketed, forcing dealers to cut back on purchases.

  • The IMF urged economic reforms, but stabilization efforts failed to restore confidence in the currency.


📉 Business Impact: Importers could no longer afford large shipments of Japanese used cars.


3️⃣ Increased Import Duties

In November 2024, the DRC government raised tariffs on used car imports.

  • Environmental regulations imposed additional taxes on vehicles older than five years.

  • As a result, Japanese used cars became significantly more expensive.


💡 The Effect? Many dealers halted imports due to unsustainable costs.


4️⃣ Port & Infrastructure Issues

The Matadi Port, DRC’s largest entry point, faced severe congestion and rising transportation costs.

  • Customs clearance delays further discouraged imports.

  • Aging infrastructure increased logistics expenses, making used cars less attractive.


🚧 The Result? Importers shifted focus to alternative markets like Angola and Zambia.


5️⃣ Emerging Competition from Neighboring Markets

Countries like Angola and Zambia have boosted their used car import policies, offering better conditions.

  • More Congolese buyers turned to parallel imports via Angola.

  • Zambia’s growing used car market diverted trade away from DRC.


🔍 The Trend? DRC's market became less attractive for Japanese exporters.


 

Why Tanzania’s Used Car Imports Declined (-32.8%)?


1️⃣ Higher Import Taxes & Stricter Regulations

In November 2024, Tanzania raised import duties on used vehicles.

  • A new tax policy heavily penalized cars older than ten years.

  • Stricter emission regulations further limited Japanese imports.


💡 The Effect? Older vehicles, which were popular among Tanzanian buyers, became too costly to import.


2️⃣ Tanzanian Shilling (TZS) Depreciation & Inflation

The TZS fell sharply in late 2024, leading to higher import costs.

  • Dealers reduced new orders, anticipating further currency depreciation.

  • Inflation lowered consumer purchasing power, reducing overall demand for vehicles.


📉 The Impact? Imported cars became too expensive for most buyers.


3️⃣ Expansion of the New Car Market

Tanzania’s new car industry received a boost from government incentives.

  • Local manufacturers launched financing plans making new cars more accessible.

  • Toyota and Nissan expanded direct sales networks, reducing dependence on used imports.


🚗 Business Shift: Buyers increasingly opted for new, locally available vehicles.


4️⃣ Rising Port & Logistics Costs

Dar es Salaam Port, Tanzania’s key trade hub, raised fees and handling charges.

  • Shipping & customs clearance became more expensive.

  • Dealers struggled to maintain profitability, reducing import volumes.


🚢 The Effect? The added costs drove up used car prices, discouraging further imports.


5️⃣ Shifting Trade Routes to Kenya & Rwanda

  • Rwanda cut used car import taxes, drawing Tanzanian buyers away.

  • Kenya’s used car import sector remained competitive, attracting regional demand.


💡 The Trend? Many Tanzanian consumers turned to regional alternatives.



 

🔎 What’s Next? Future Market Predictions

  • If political and economic instability persists in DRC & Tanzania, used car imports will continue to decline.

  • If Bangladesh and Pakistan maintain favorable policies, demand for Japanese vehicles will keep growing.

  • New regional trade agreements may shift import routes, affecting Japan’s export strategies.



 

🌍 Trusted Sources Backing the Trend

  • Bangladesh, Pakistan, DRC & Tanzania Central Banks: Currency & import policies.

  • Tax & Customs Authorities: Updates on tariff changes.

  • Local Media (Dawn, The Citizen, Business Recorder, Radio Okapi): Market insights.

  • Regional Auto Dealer Associations: Import statistics & trends.


 

🚀 Final Thoughts: Market Risks & Opportunities

While Bangladesh and Pakistan remain booming markets, DRC & Tanzania face uncertainty. For businesses looking to expand used car sales, it’s essential to:

Focus on high-growth markets like Bangladesh & Pakistan.

Expand hybrid & small commercial vehicle sales.

Leverage financing & leasing options in emerging economies.

Exercise caution in politically unstable regions.

Monitor currency & tax risks before entering new markets.

Adapt to shifting trade routes & logistics costs.


 

📈 What’s your take? Are we seeing a long-term shift in global used car markets? Drop your thoughts below!

国名

Country name

Nov.

Dec.

%

アラブ首長国連邦

UAE

22,855

21,079

-7.8%

ロシア

RUSSIA

14,750

11,805

-20.0%

チリ

CHILE

6,567

7,310

11.3%

ニュージーランド

NEW ZEALAND

7,022

6,800

-3.2%

タンザニア

Tanzania

9,953

6,689

-32.8%

モンゴル

Mongolia

9,664

6,663

-31.1%

南アフリカ共和国

SOUTH AFRICA

5,480

6,186

12.9%

パキスタン

Pakistan

3,896

6,072

55.9%

ケニア

KENYA

7,679

5,380

-29.9%

タイ

Thailand

5,343

5,050

-5.5%

フィリピン

PHILIPPINE

3,749

3,320

-11.4%

キプロス

CYPLUS

3,032

3,245

7.0%

ウガンダ

Uganda

3,186

3,201

0.5%

ミャンマー

Myanmar

3,498

3,119

-10.8%

ジャマイカ

JAMAICA

3,134

2,648

-15.5%

ガイアナ

Guyana

2,372

2,407

1.5%

バングラデシュ

BANGLADESH

1,099

2,235

103.4%

英国

United Kingdom

2,216

2,042

-7.9%

ジョージア

Georgia

1,490

2,008

34.8%

ナイジェリア

Nigeria

1,698

1,898

11.8%

アメリカ合衆国

United states of america

1,464

1,521

3.9%

オーストラリア

AUSTRALIA

1,837

1,462

-20.4%

大韓民国

Republic of Korea

1,339

1,437

7.3%

コンゴ民主共和国

Democratic Republic of the Congo

2,252

1,406

-37.6%

ザンビア

Zambia

1,615

1,349

-16.5%

マレーシア

MALYSIA

1,936

1,247

-35.6%

ガーナ

Ghana

1,044

1,222

17.0%

アイルランド

Ireland

1,286

1,183

-8.0%

モザンビーク

Mozambique

1,212

992

-18.2%

スリナム

SRINUM

825

977

18.4%







Thank you for your continued support of Japan Carrier.


The Japan Carrier Team

 


 

過去の統計記事

2024年8月の統計記事 - August 2024 Statistics

2024年9月の統計記事 - September 2024 Statistics

2024年10月の統計記事 - October 2024 Statistics

2024年11月の統計記事 - November 2024 Statistics

2011年から2023年の統計記事 - 2011–2023 Market Trends


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