Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway - 2024

Contents:

  1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway (CIF) - 2024
  2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway (FOB) - 2024
  3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway
  4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway (CIF) - 2024

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $6,093 per unit in December 2023, increasing by 7.8% against the previous month. Over the period under review, the import price, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 12% against the previous month. As a result, import price attained the peak level of $8,373 per unit; afterwards, it flattened through to 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 Mexico ($11,333 per unit), while the price for Taiwan (Chinese) ($2,094 per unit) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Sweden (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway (FOB) - 2024

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $7,267 per unit in December 2023, increasing by 32% against the previous month. Overall, export price indicated prominent growth from January 2023 to December 2023: its price increased at an average monthly rate of +5.2% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs increased by +32.2% against November 2023 indices. The growth pace was the most rapid in September 2023 when the average export price increased by 62% month-to-month. As a result, the export price attained the peak level of $7,776 per unit; afterwards, it flattened through to December 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Croatia ($11,160 per unit), while the average price for exports to Cameroon ($663 per unit) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+51.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs imported into Norway expanded slightly to 9.5K units, rising by 3.1% compared with the previous year's figure. In general, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 8.4%. Imports peaked at 12K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs rose sharply to $80M in 2022. Over the period under review, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, imports of hit record highs at $106M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico31.217.016.417.9-16.9%
China8.39.014.217.528.2%
Poland16.59.514.216.2-0.6%
Spain4.07.14.56.517.6%
South AfricaN/AN/AN/A5.40%
Taiwan (Chinese)1.62.13.75.147.2%
United States3.62.52.53.4-1.9%
Czech Republic9.30.59.00.1-77.9%
Others31.611.37.08.3-36.0%
Total10659.171.680.4-8.8%

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Norway in 2022:

  1. China (3.1K units)
  2. Poland (2.2K units)
  3. Mexico (1.5K units)
  4. Taiwan (Chinese) (1.0K units)
  5. Spain (0.4K units)
  6. South Africa (0.3K units)
  7. United States (0.3K units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway

In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs from Norway surged to 785 units, growing by 145% on the previous year's figure. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs surged to $3.6M in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia2.514.6166839594.9%
FranceN/AN/AN/A6320%
Poland16281.715236531.1%
SloveniaN/AN/A5.03567020.0%
Denmark15.119546.9248154.2%
IsraelN/AN/AN/A2300%
Lithuania0.8112216202532.1%
Netherlands17.012710.5136100.0%
Germany27.133.150.195.152.0%
HungaryN/AN/AN/A62.00%
Bosnia and Herzegovina2.22.93.736.5155.0%
TogoN/A1.765.014.9196.1%
Others3121204494129.7%
Total5396881,1643,62988.8%

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Norway in 2022:

  1. Serbia (226.0 units)
  2. Slovenia (120.0 units)
  3. Poland (99.0 units)
  4. France (71.0 units)
  5. Denmark (41.0 units)
  6. Lithuania (41.0 units)
  7. Israel (18.0 units)
  8. Germany (18.0 units)
  9. Bosnia and Herzegovina (18.0 units)
  10. Netherlands (16.0 units)
  11. Togo (12.0 units)
  12. Hungary (12.0 units)

Source: IndexBox Market Intelligence Platform

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