Investor Presentation 3Q23
GB Corp | Investor Presentation 3Q23
133,165
144,204
133,760
207,973
Corp
EGYPT PASSENGER CARS MARKET
The passenger car market in Egypt continued to experience supply shortages.
PC market continues to experience supply shortages due to import restrictions and limited FX availability. These issues were further exacerbated by the devaluation of the EGP and a slowdown
in opening letters of credit.
Egyptian Market Breakdown CBU vs. CKD Volumes
3Q23 Market Sales Breakdown
19,048
■CBU 51%
■ CKD 49%
195,559
141,983
99,530
PC Market, Annual Sales
145,886
FY11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19
FY20
FY21
FY22
3Q22
3Q23
Sources: Automotive Marketing Information Council (AMIC); International Monetary Fund, World Bank, Business Monitor International, CIA World Fact Book, GB Auto Research.
*Please note that this figure refers to passenger cars only, while the motorization figures of the other countries in this graphic refer to cars, buses, and freight vehicles but do not include two-wheelers.
**Figures are taken from World Bank.
127,443
167,792
215,072
133,857
GB Auto represents 56% of CKD units sold in the Egyptian market
CKD Sales
9,329
14
■GB Auto 56%
Others 44%
24,426
19,048View entire presentation