Motorcars were the largest import commodity group in 10M2022, which amounted to USD 1,223 million or 11.4% of the total imports.
As car importers say, the demand for both new and second-hand vehicles imported into the country is growing. According to them, in terms of demand, second-hand cars are most in-demand, one of the reasons for which is the shortage of new cars.
According to Kakha Lomidze, the head of the distance sales department of Caucasus Auto Import, the price dynamic is also increasing, which has been maintained since the pandemic.
As of Kakha Lomidze, the head of the distance sales department of Caucasus Auto Import, the price dynamic is also increasing, which has been maintained since the pandemic.
According to him, the increase in prices is due to several main factors, including the increase in the price of cars abroad and increased tariffs for transportation, which have not been adjusted since the pandemic.
"There is a huge shortage of new cars. Buying a new car is a problem, because if you want to buy it, you have to wait about 6 months, sometimes even a year for a new car due to the irregularities in the supply of raw materials.
Accordingly, the demand for second-hand cars is increasing and the prices have also increased by about 20-25%," says Kakha Lomidze, head of the remote sales department.
