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

Contents:

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

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

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $65,812 per unit in 2022, surging by 43% against the previous year. Over the period under review, the import price posted pronounced growth. The growth pace was the most rapid in 2018 when the average import price increased by 75%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($205,240 per unit), while the price for the United States ($13,348 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+21.9%), 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 Iraq (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $15,268 per unit in 2022, increasing by 149% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 812% against the previous year. As a result, the export price reached the peak level of $56,592 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($10,000 per unit), while the average price for exports to Tunisia totaled $536 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-7.5%).

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

In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Iraq shrank to 15K units, dropping by -14.8% on 2021 figures. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. Over the period under review, imports of hit record highs at 23K 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 exceeding 3000ccs surged to $1B in 2022. Over the period under review, imports continue to indicate a mild curtailment. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. Imports peaked at $1.1B in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Japan (7.3K units)
2. United Arab Emirates (4.9K units)
3. South Korea (1.1K units)
4. United States (0.6K units)
5. Thailand (0.5K units)
6. Germany (0.3K units)
7. Turkey (0.2K units)

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

For the fourth consecutive year, Iraq recorded growth in shipments abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs, which increased by 100% to 4 units in 2022. Overall, exports continue to indicate significant growth. 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 exceeding 3000ccs soared to $31K in 2022. Over the period under review, exports, however, saw a dramatic decline. The exports peaked at $62K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Georgia (3.0 units)
2. Tunisia (1.0 units)

Source: IndexBox Market Intelligence Platform