Car prices increased by 3.4% this year

17:51 - 28.03.2023


March 28, Fineko/abc.az. Although the demand for more expensive cars using AI-95 gasoline has decreased, prices for these cars have increased by 2.3% this year. The price growth in the automotive market continued last year, ABC.AZ was informed at the Center for Economic & Social Development (CESD). 

The prices of cars worth up to 30,000 manats in 2022 increased by 8.5%. Despite the decline in demand for more expensive cars using AI-95 gasoline, prices for these cars increased by 3.4% over the year.

According to the State Customs Committee, Azerbaijan imported 74,577 cars of various purposes for $1.557 bn in 2022.

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