Vehicle Registrations

February 2018


Released on 28 May 2018 | Download the complete release | pdfIcon 145 KB


  Feb 18 Jan 18
Dec 17
Nov 17

New Registrations
121 325 416 274

Lower vehicle registration continued to February

Total vehicle registrations declined over the month of February 2018 by 204 registrations (62.8%), recording a total of 121 registrations. This is lower than the monthly average of the past five years. Registrations for all vehicle  types declined due to the disruptions caused by Tropical Cyclone (TC) Gita during the month as people were more attentive on repairing of their homes which were damaged or destroyed by TC Gita. According to liaison with vehicle importers in Tonga particularly Taxis & Rentals and Car Dealers, vehicle imports usually decline at the beginning of every calendar year, following the increase in imported vehicles at the end of the year for the holiday and the Christmas season, and the excess stock in the market.

However, import payments for vehicles were sligthly stable over the month at $1.4 million which may reflect the advance payments for vehicle imports in previous months. Demand for vehicle loans from banks also declined over the month by 1.2% supporting the trend.

In year ended terms, the total number of vehicles registered rose by 96 (2.7%) reflecting the continued strong demand for vehicles. Majority of the annual rise were for light vehicles which rose by 75 (5.7%) followed by a 38 (90.5 %) increase in the registration of government vehicles. Other vehicle registrations also increased except for cars and buses. The rise in purchasing power of returning seasonal workers from abroad may have also contributed to the annual rise. The increase in the level of vehicle registrations may also be attributed to the availability of hire purchase options and the convenience of purchasing vehicles online. However, the import payments for vehicles recorded in the Overseas Exchange Transactions reports slightly declined by $0.2 million (0.8%) over the year to February 2018 compared to the previous year.

On the outlook, the receipts of remittances and demand for finances for the post‐cyclone recovery may dampen the demand for vehicles. Furthermore, despite the progressive increase in petrol prices, the total registrations of vehicles are projected to increase in the short term supported by the advance payment for vehicles and the higher purchasing power of returning seasonal workers from Australia and New Zealand.


Vehicle Registrations Releases

Vehicle Registrations Releases for 2018


pdfIcon January
Released on 20 March 2018 | 145 KB
pdfIcon February
Released on 28 May 2018 | 134 KB

2017


pdfIcon December
Released on 20 March 2018 | 145 KB
pdfIcon November
Released on 20 March 2018 | 145 KB

pdfIcon October
Released on 16 January 2018 | 261 KB
pdfIcon September
Released on 8 December 2017 | 130 KB

pdfIcon August
Released on 14 November 2017 | 148 KB
pdfIcon July
Released on 17 October 2017 | 292 KB

pdfIcon June
Released on 1 September 2017 | 137 KB
pdfIcon May
Released on 3 August 2017 | 153 KB

pdfIcon April
Released on 30 June 2017 | 150 KB
pdfIcon March
Released on 14 June 2017 | 149 KB

pdfIcon February
Released on 14 June 2017 | 149 KB
pdfIcon January
Released on 14 June 2017 | 151 KB

2016


pdfIcon December
Released on 9 June 2017 | 137 KB
pdfIcon November
Released on 19 May 2017 | 156 KB

pdfIcon October
Released on 23 March 2017 | 209 KB
pdfIcon September
Released on 9 January 2017 | 347 KB

pdfIcon August
Released on 31 October 2016 | 340 KB
pdfIcon July
Released on 31 October 2016 | 343 KB

pdfIcon June
Released on 5 September 2016 | 156 KB
pdfIcon May
Released on 28 July 2016 | 155 KB

pdfIcon April
Released on 29 June 2016 | 150 KB
pdfIcon March
Released on 3 June 2016 | 445 KB

pdfIcon February
Released on 3 June 2016 | 445 KB
pdfIcon January
Released on 8 April 2016 | 200 KB

2015


pdfIcon December
Released on 8 April 2016 | 201 KB
pdfIcon November
Released on 4 January 2016 | 397 KB

pdfIcon October
Released on 23 December 2015 | 171 KB
pdfIcon September
Released on 2 December 2015 | 407 KB

pdfIcon August
Released on 7 October 2015 | 399 KB
pdfIcon June
Released on 5 August 2015 | 438 KB

pdfIcon May
Released on 31 July 2016 | 448 KB
pdfIcon April
Released on 12 June 2015 | 450 KB

pdfIcon March
Released on 8 May 2015 | 452 KB
pdfIcon February
Released on 9 April 2015 | 453 KB

pdfIcon January
Released on 5 March 2015 | 186 KB
   

2014


pdfIcon December
Released on 6 February 2015 | 188 KB
pdfIcon November
Released on 13 January 2015 | 175 KB

pdfIcon October
Released on 17 December 2014 | 202 KB
pdfIcon September
Released on 11 November 2014 | 281 KB

pdfIcon August
Released on 9 October 2014 | 189 KB
pdfIcon July
Released on 15 August 2014 | 199 KB

pdfIcon June
Released on 8 July 2014 | 278 KB
pdfIcon May
Released on 27 June 2014 | 281 KB

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