In March, more than 4 thousand new passenger cars were sold on the Belarusian car market, which is 32.6% more than in February this year, but 50% less than in March last year, av.by reports.
In general, for the first quarter, sales of new cars decreased by almost 42% in relation to the level of a year ago.
As noted by the chairman of the board of BAA Sergei Mikhnevich, the downward trend in the market in the first quarter was obvious and predictable, but not in such a volume. More than 40% fall is very serious.
"Such a volume of sales was in the second quarter of 2020 – during the first wave of the pandemic and the shock in the market. At the moment we are not seeing a shock from the epidemic (although the influence of this factor is present). The negative background of economic problems, the contraction of lending due to the rise in the cost of loans reduced demand for new cars and revived interest in used ones, - Sergey Mikhnevich explained. - The paradox is the shortage of some gross-generating models among the sales leaders, which has formed on the conveyors of many automakers due to disruptions in logistics because of the pandemic, as well as due to restrained planning of production and purchase of new cars by car dealers due to the pessimistic forecasts for the development of the market this year."
According to the latest BAA data, 4,271 cars were sold in March. The leadership in sales for the first quarter of 2021 among brands is still held by the Russian Lada, occupying almost 26% of the Belarusian passenger car market.
Products of the domestic plant "BELGI" hold the second line in the top of the best-selling car brands – in March, Belarusian-assembled cars were preferred by 1,433 buyers (almost the same as in the same period in 2020.
Volkswagen gained he third place. Dealers of the German brand were able to sell 480 cars.
As expected, due to the suspension of sales of Skoda's best-selling Rapid, the Czech automaker lost one position and sold 241 cars in March (against 325 in February). Nevertheless, by March 11, Belarusians managed to buy 100 cars of this brand, and this is the 11th place in the list.
In January-February 2021, Belarus's GDP amounted to BYN 23.3 billion, or in comparable prices 100.8% compared to the same period in 2020. And although this is more than the last year’s indicator, compared to 2019, the GDP index has not changed.
In 2020, Belarusian meat processors managed to increase the production of sausages and smoked meats due to the growth of domestic demand amid the coronavirus epidemic, as well as due to the favorable conjuncture of the Russian market.
2020 not only did not solve the problems of Belarus, but also added new ones. So, the expectations that next year it will be possible to get significant benefits due to lower energy prices, were not satisfied: the gas price remains at the level of 2020, and the oil price will even increase due to the tax maneuver in Russia. The question of the timing of the receipt of the second part of the Russian loan funds remains unresolved.
The US Congress approved the 2020 Bill of Belarusian Democracy, Human Rights and Sovereignty.
In January-September 2020, the GDP of Belarus amounted to BYN 106.6 billion, or in comparable prices 98.7% over the same period in 2019. In addition to the coronavirus epidemic and two currency crises, the main impact on the economic decline was made by the decrease in turnover in the petrochemistry and mechanical engineering.