Registration of Motor Vehicles: January-July 2024
08/08/24 17:55 | Press release | Economy and Finance
Total Registrations +16,6%
The Statistical Service announces the publication of the report entitled “Registration of Motor Vehicles” for the period January-July 2024.
In July 2024, the total registrations of motor vehicles numbered 4.614, recording an increase of 3,9% compared to 4.441 in July 2023. Passenger saloon cars registered a fall of 2,1% to 3.503, from 3.578 in July 2023.
The main developments during the period January-July 2024 compared to the corresponding period of 2023 are summarised as follows:
(a) The total registrations of motor vehicles increased by 16,6% to 30.864 in January-July 2024, from 26.462 in January-July 2023.
(b) Passenger saloon cars increased to 24.126 from 21.178 in January-July 2023, recording a rise of 13,9%. Of the total passenger saloon cars, 10.151 or 42,1% were new and 13.975 or 57,9% were used cars. Rental cars in particular recorded a fall of 32,0% to 2.694.
(c) The share of petrol powered passengers’ cars to the total of this category of vehicles decreased in January-July 2024 to 50,0% (from 59,5% in the corresponding period of the preceding year) and that of diesel-powered cars to 10,0% in 2024 from 10,2% in 2023. On the other hand, the share of electric cars rose from 2,5% in 2023 to 3,2% in 2024 and of hybrid cars from 27,8% to 36,8%.
(d) Motor coaches and buses registered in January-July 2024 decreased to 99, from 211 in the same period of 2023.
(e) Goods conveyance vehicles increased by 40,2% to 3.523 in January-July 2024, compared to 2.512 in January-July 2023. In particular, light goods vehicles increased by 43,5% to 2.805, heavy goods vehicles by 34,2% to 412, road tractors (units of trailers) by 89,2% to 140, while rental vehicles decreased by 5,7% to 166.
(f) Mopeds < 50cc registered in January-July 2024 increased to 480 compared to 162 in the corresponding period of the previous year.
(g) Mechanised cycles > 50cc increased by 6,1% to 2.218 in January-July 2024, compared to 2.090 in the same period of 2023.
| Category of Road Motor Vehicles | Number of Registrations | Percentage Change (%) | |||||
| July 2024 | July 2023 | Jan.-July 2024 | Jan.-July 2023 | July 2024/2023 | Jan.-July 2024/2023 | ||
| Passengers’ cars (saloon) | 3.503 | 3.578 | 24.126 | 21.178 | -2,1 | 13,9 | |
| Motor coaches and buses | 12 | 22 | 99 | 211 | -45,5 | -53,1 | |
| Goods conveyance vehicles | 548 | 399 | 3.523 | 2.512 | 37,3 | 40,2 | |
| Mopeds < 50cc | 81 | 50 | 480 | 162 | 62,0 | 196,3 | |
| Mechanised cycles > 50cc | 418 | 343 | 2.218 | 2.090 | 21,9 | 6,1 | |
| Tractors | 23 | 21 | 182 | 135 | 9,5 | 34,8 | |
| Other vehicles | 29 | 28 | 236 | 174 | 3,6 | 35,6 | |
| Total | 4.614 | 4.441 | 30.864 | 26.462 | 3,9 | 16,6 | |
| New | 2.090 | 2.255 | 14.331 | 12.784 | -7,3 | 12,1 | |
| Used | 2.524 | 2.186 | 16.533 | 13.678 | 15,5 | 20,9 | |
Methodological Information
Scope and Coverage
Data for the Registration of Motor Vehicles are collected on a monthly basis. They include the newly registered motor vehicles, as recorded by the Department of Road Transport.
The registrations are presented by category, make, energy type, new or used, engine cubic capacity, country of manufacture and other vehicle characteristics, based on the information maintained by the Motor Vehicles Registration and Licensing Authority of the Department of Road Transport.
Data Collection
The collection of data is conducted by the Statistical Service, which receives the necessary data from the Department of Road Transport.
Definitions
“Road motor vehicle” means any road vehicle fitted with an engine whence it derives its sole means of propulsion, which is normally used for carrying persons or goods by road, namely:
- Passengers’ cars saloon, which include private cars, taxis, rental cars, learners’ cars and invalid carriages
- Motor coaches and buses, for private and public use
- Goods conveyance vehicles, which include heavy and light goods conveyance vehicles, rental vehicles and road tractors (units of trailers)
- Mopeds and mechanised cycles, which include autocycles, motor tricycles, motorcycles and rental motorcycles
- Tractors, for agriculture and non-agriculture use
- Other vehicles, which include road rollers, mobile motor cranes, heavy locomotives and other vehicles for specific type and use.
Monthly Publication
The report entitled “Registration of Motor Vehicles” is published on a monthly basis since 1982 and is available free of charge in electronic form on the portal of the Statistical Service.
For more information, please visit CYSTAT Portal, subtheme Services, CYSTAT-DB (Online Database), Predefined Tables (Excel), Publications (Excel, from Jan. 2024) (Pdf, until Dec. 2023) or contact Ms Andrie Milidoni at 22602240 or via email at amilidoni@cystat.mof.gov.cy.
The Predefined Tables, available in Excel format, include data up to December 2022. Data from January 2023 onwards are available only in the CYSTAT-DB Online Database.
(MS/ΝGian)