Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia (CIF) - 2023
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia (CIF) - 2023
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $12,178 per unit in December 2023, rising by 24% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.7%. The pace of growth was the most pronounced in January 2023 an increase of 34% against the previous month. The import price peaked in December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($17,383 per unit), while the price for Taiwan (Chinese) ($2,319 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia (FOB) - 2022
In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $10,955 per unit, picking up by 26% against the previous year. Overall, the export price enjoyed noticeable growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 92% against the previous year. As a result, the export price attained the peak level of $15,486 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($15,709 per unit), while the average price for exports to France ($438 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia
In 2022, overseas purchases of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by -26.9% to 37K units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 42%. Over the period under review, imports of attained the peak figure at 51K units in 2021, and then dropped notably in the following year.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs dropped rapidly to $289M in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 70%. As a result, imports attained the peak of $398M, and then shrank remarkably in the following year.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.9 | 45.4 | 83.1 | 77.7 | 342.0% |
| China | 12.1 | 25.9 | 37.9 | 53.8 | 64.4% |
| Romania | N/A | 17.2 | 49.6 | 39.7 | 51.9% |
| United States | 34.9 | 45.5 | 83.0 | 32.9 | -1.9% |
| South Korea | 16.7 | 12.2 | 34.0 | 20.1 | 6.4% |
| Taiwan (Chinese) | 4.9 | 5.8 | 8.8 | 18.8 | 56.6% |
| United Kingdom | 0.2 | 30.4 | 30.5 | 16.0 | 330.9% |
| Mexico | 15.1 | 5.9 | 9.3 | 7.0 | -22.6% |
| South Africa | 41.9 | 25.4 | 46.3 | 5.8 | -48.3% |
| Others | 18.0 | 20.4 | 15.1 | 17.5 | -0.9% |
| Total | 145 | 234 | 398 | 289 | 25.8% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Australia in 2022:
- China (13.7K units)
- Taiwan (Chinese) (7.1K units)
- Spain (5.6K units)
- United States (2.9K units)
- Romania (2.6K units)
- South Korea (1.5K units)
- United Kingdom (1.1K units)
- South Africa (0.5K units)
- Mexico (0.4K units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia
Exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs from Australia dropped significantly to 307 units in 2022, shrinking by -48% compared with the year before. Overall, exports showed a deep slump. The growth pace was the most rapid in 2021 when exports increased by 92%. As a result, the exports attained the peak of 590 units, and then dropped rapidly in the following year.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs fell remarkably to $3.4M in 2022. Over the period under review, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +10.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, the exports attained the peak of $5.1M, and then declined rapidly in the following year.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 103 | 92.9 | 508 | 741 | 93.0% |
| Indonesia | 735 | 889 | 1,653 | 692 | -2.0% |
| New Zealand | 912 | 570 | 1,788 | 616 | -12.3% |
| Papua New Guinea | 58.5 | 46.5 | 155 | 329 | 77.8% |
| United States | 155 | 13.5 | 18.7 | 267 | 19.9% |
| Singapore | N/A | 64.3 | 159 | 198 | 75.5% |
| Tonga | 125 | 26.9 | 17.5 | 49.2 | -26.7% |
| United Kingdom | 210 | 26.6 | 169 | 4.2 | -72.9% |
| Thailand | 241 | 90.1 | N/A | N/A | -62.6% |
| China | N/A | 1,079 | N/A | N/A | 0% |
| Vietnam | 147 | N/A | 237 | N/A | 27.0% |
| Others | 366 | 399 | 412 | 467 | 8.5% |
| Total | 3,052 | 3,298 | 5,117 | 3,363 | 3.3% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Australia in 2022:
- New Zealand (86.0 units)
- United Arab Emirates (67.0 units)
- Indonesia (48.0 units)
- Papua New Guinea (22.0 units)
- Tonga (19.0 units)
- United States (17.0 units)
- Singapore (17.0 units)
- United Kingdom (1.0 units)
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