| Product Code: ETC10934266 | Publication Date: Apr 2025 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Zambia continued to see a significant influx of used and new cars imports, with top exporting countries including Japan, South Africa, Germany, Singapore, and the United Kingdom. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry saw impressive growth with a compound annual growth rate (CAGR) of 31.48% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -13.73%, suggesting potential shifts in market dynamics or external factors impacting the import market for cars in Zambia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Zambia Used and New Cars Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Used and New Cars Market Revenues & Volume, 2022 & 2032F |
3.3 Zambia Used and New Cars Market - Industry Life Cycle |
3.4 Zambia Used and New Cars Market - Porter's Five Forces |
3.5 Zambia Used and New Cars Market Revenues & Volume Share, By Vehicle Type, 2022 & 2032F |
3.6 Zambia Used and New Cars Market Revenues & Volume Share, By Sales Channel, 2022 & 2032F |
3.7 Zambia Used and New Cars Market Revenues & Volume Share, By Fuel Type, 2022 & 2032F |
3.8 Zambia Used and New Cars Market Revenues & Volume Share, By Body Type, 2022 & 2032F |
3.9 Zambia Used and New Cars Market Revenues & Volume Share, By Price Range, 2022 & 2032F |
4 Zambia Used and New Cars Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the population |
4.2.2 Growth in urbanization leading to higher demand for cars |
4.2.3 Expansion of financing options for car purchases |
4.3 Market Restraints |
4.3.1 High import duties and taxes on cars |
4.3.2 Volatility in currency exchange rates affecting car prices |
4.3.3 Limited infrastructure and road conditions impacting car usage |
5 Zambia Used and New Cars Market Trends |
6 Zambia Used and New Cars Market, By Types |
6.1 Zambia Used and New Cars Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Zambia Used and New Cars Market Revenues & Volume, By Vehicle Type, 2022 - 2032F |
6.1.3 Zambia Used and New Cars Market Revenues & Volume, By New Cars, 2022 - 2032F |
6.1.4 Zambia Used and New Cars Market Revenues & Volume, By Used Cars, 2022 - 2032F |
6.2 Zambia Used and New Cars Market, By Sales Channel |
6.2.1 Overview and Analysis |
6.2.2 Zambia Used and New Cars Market Revenues & Volume, By Online, 2022 - 2032F |
6.2.3 Zambia Used and New Cars Market Revenues & Volume, By Offline, 2022 - 2032F |
6.3 Zambia Used and New Cars Market, By Fuel Type |
6.3.1 Overview and Analysis |
6.3.2 Zambia Used and New Cars Market Revenues & Volume, By Petrol, 2022 - 2032F |
6.3.3 Zambia Used and New Cars Market Revenues & Volume, By Diesel, 2022 - 2032F |
6.4 Zambia Used and New Cars Market, By Body Type |
6.4.1 Overview and Analysis |
6.4.2 Zambia Used and New Cars Market Revenues & Volume, By Sedan, 2022 - 2032F |
6.4.3 Zambia Used and New Cars Market Revenues & Volume, By SUV, 2022 - 2032F |
6.5 Zambia Used and New Cars Market, By Price Range |
6.5.1 Overview and Analysis |
6.5.2 Zambia Used and New Cars Market Revenues & Volume, By Budget, 2022 - 2032F |
6.5.3 Zambia Used and New Cars Market Revenues & Volume, By Premium, 2022 - 2032F |
7 Zambia Used and New Cars Market Import-Export Trade Statistics |
7.1 Zambia Used and New Cars Market Export to Major Countries |
7.2 Zambia Used and New Cars Market Imports from Major Countries |
8 Zambia Used and New Cars Market Key Performance Indicators |
8.1 Average age of vehicles in circulation |
8.2 Number of new car registrations |
8.3 Percentage of car purchases financed through loans |
8.4 Average annual mileage of vehicles in use |
8.5 Number of car dealerships opening in the market |
9 Zambia Used and New Cars Market - Opportunity Assessment |
9.1 Zambia Used and New Cars Market Opportunity Assessment, By Vehicle Type, 2022 & 2032F |
9.2 Zambia Used and New Cars Market Opportunity Assessment, By Sales Channel, 2022 & 2032F |
9.3 Zambia Used and New Cars Market Opportunity Assessment, By Fuel Type, 2022 & 2032F |
9.4 Zambia Used and New Cars Market Opportunity Assessment, By Body Type, 2022 & 2032F |
9.5 Zambia Used and New Cars Market Opportunity Assessment, By Price Range, 2022 & 2032F |
10 Zambia Used and New Cars Market - Competitive Landscape |
10.1 Zambia Used and New Cars Market Revenue Share, By Companies, 2025 |
10.2 Zambia Used and New Cars Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here