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

Contents:

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

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

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $74,135 per unit, rising by 27% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 32%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($280,187 per unit), while the price for China ($19,157 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Qatar fell dramatically to 2.9K units, waning by -23.8% compared with 2021. Overall, imports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports of hit record highs at 6.3K 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 declined to $216M in 2022. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. Over the period under review, imports of hit record highs at $391M 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 Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan14655.353.843.8-33.1%
Austria40.027.027.728.7-10.5%
Germany40.89.933.322.6-17.9%
United States32.815.228.022.0-12.5%
Slovakia18.222.817.618.40.4%
ChinaN/A0.310.79.2453.8%
Spain2.41.53.86.640.1%
Thailand6.13.43.11.9-32.2%
Others10554.345.363.4-15.5%
Total391190223216-17.9%

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

  1. Japan (951.0 units)
  2. China (480.0 units)
  3. United States (428.0 units)
  4. Slovakia (188.0 units)
  5. Austria (172.0 units)
  6. Germany (142.0 units)
  7. Spain (121.0 units)
  8. Thailand (76.0 units)

Source: IndexBox Market Intelligence Platform

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