Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Argentina - 2023

Contents:

  1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Argentina (CIF) - 2023
  2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Argentina (FOB) - 2022
  3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Argentina
  4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Argentina

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Argentina (CIF) - 2023

In December 2023, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $135K per unit, increasing by 263% against the previous month. Over the period under review, the import price enjoyed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($197K per unit), while the price for Germany totaled $9,896 per unit.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Argentina (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $32,356 per unit, dropping by -7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 283% against the previous year. As a result, the export price reached the peak level of $142,299 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($36,314 per unit), while the average price for exports to the United States ($9,000 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 Uruguay (+28.0%), 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 Exceeding 3000cc in Argentina

Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Argentina contracted notably to 225 units in 2022, which is down by -28.3% compared with the year before. Overall, imports faced a precipitous setback. The smallest decline of -0.6% was in 2021. Imports peaked at 483 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs declined to $8.7M in 2022. Over the period under review, imports faced a precipitous contraction. Over the period under review, imports of hit record highs at $18M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7.33.96.03.6-21.0%
Japan2.81.01.53.13.5%
Germany5.53.71.50.7-49.7%
Italy1.54.10.30.4-35.6%
AustriaN/A0.10.30.4100.0%
United Kingdom0.70.60.60.3-24.6%
Others0.3N/AN/A0.2-12.6%
Total18.213.510.28.7-21.8%

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Argentina in 2022:

  1. United States (133.0 units)
  2. Japan (63.0 units)
  3. Germany (12.0 units)
  4. United Kingdom (6.0 units)
  5. Austria (6.0 units)
  6. Italy (3.0 units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Argentina

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs exported from Argentina surged to 200 units, picking up by 167% compared with 2021. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 650%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs surged to $6.4M in 2022. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 990%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ColombiaN/AN/A1,4035,975325.9%
Uruguay3441681803995.1%
Spain51.0N/AN/A23.9-22.3%
GermanyN/A8.512710.310.1%
PortugalN/AN/A809N/A0%
Others32462.889.730.6-54.5%
Total7192392,6086,439107.7%

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Argentina in 2022:

  1. Colombia (183.0 units)
  2. Uruguay (11.0 units)
  3. Spain (2.0 units)
  4. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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