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

Contents:

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

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

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $72,318 per unit, growing by 38% against the previous year. Overall, the import price continues to indicate a buoyant 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 2022, amid the top importers, the country with the highest price was Italy ($255,077 per unit), while the price for the United States ($8,905 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.0%), 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 Exceeding 3000cc in Estonia (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $137,105 per unit, falling by -5.6% against the previous year. Overall, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 75%. The export price peaked at $145,223 per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($197,226 per unit), while the average price for exports to Norway ($6,355 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 France (+32.8%), 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 Estonia

Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Estonia fell to 1.2K units in 2022, shrinking by -7.8% compared with 2021. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 39%. Imports peaked at 1.8K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs skyrocketed to $80M in 2022. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

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

1. United States (393.0 units)
2. Germany (308.0 units)
3. Canada (98.0 units)
4. Czech Republic (56.0 units)
5. Japan (49.0 units)
6. Italy (43.0 units)
7. Finland (42.0 units)
8. Netherlands (40.0 units)
9. Latvia (36.0 units)
10. Sweden (22.0 units)
11. Belgium (6.0 units)

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

Exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Estonia skyrocketed to 352 units in 2022, with an increase of 23% compared with the previous year. Overall, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports of hit record highs at 561 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs surged to $46M in 2022. In general, exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 83% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Lithuania (126.0 units)
2. Germany (67.0 units)
3. Finland (25.0 units)
4. Poland (20.0 units)
5. Belgium (20.0 units)
6. Latvia (14.0 units)
7. United Arab Emirates (9.0 units)
8. Uzbekistan (9.0 units)
9. France (8.0 units)
10. Armenia (7.0 units)
11. Belarus (6.0 units)
12. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform