Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Angola - 2022

Contents:

  1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Angola (CIF) - 2022
  2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Angola (FOB) - 2022
  3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Angola
  4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Angola

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Angola (CIF) - 2022

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $13,346 per unit, increasing by 4.1% against the previous year. In general, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2018 an increase of 39% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($13,422 per unit) and the United Arab Emirates ($13,383 per unit), while the price for Portugal ($13,262 per unit) and South Korea ($13,374 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.6%), 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 Not Exceeding 1000cc in Angola (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $10,946 per unit, surging by 77% against the previous year. In general, the export price posted a resilient expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 81%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Portugal.

From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +56.7% per year.

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

In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Angola surged to 1.4K units, rising by 304% on the previous year. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs surged to $18M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India4.41.21.36.715.0%
United Arab EmiratesN/AN/A0.35.11600.0%
South Korea0.70.71.44.585.9%
ChinaN/AN/A0.10.9800.0%
Portugal0.1N/A0.10.571.0%
Others0.60.51.10.60.0%
Total5.82.44.318.246.4%

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

  1. India (498.0 units)
  2. United Arab Emirates (379.0 units)
  3. South Korea (337.0 units)
  4. China (64.0 units)
  5. Portugal (35.0 units)

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

In 2022, shipments abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by 0% to 1 units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 300% against the previous year. As a result, the exports attained the peak of 4 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs surged to $11K in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 521% against the previous year. As a result, the exports attained the peak of $17K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/A15.7N/A10.9-16.7%
Democratic Republic of the Congo2.71.06.2N/A51.5%
OthersN/AN/AN/AN/A0%
Total2.716.76.210.959.2%

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

  1. Portugal (1.0 units)

Source: IndexBox Market Intelligence Platform

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