Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Germany - 2023

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Germany (CIF) - 2023
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Germany (FOB) - 2023
3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Germany
4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Germany

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Germany (CIF) - 2023

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $16,657 per unit in October 2023, surging by 4% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in January 2023 an increase of 17% against the previous month. The import price peaked in October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($17,793 per unit), while the price for Taiwan (Chinese) ($3,958 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.7%), 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 Germany (FOB) - 2023

In October 2023, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $18,689 per unit, rising by 4.5% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 9.6% m-o-m. Over the period under review, the average export prices attained the maximum in October 2023.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Japan ($21,078 per unit), while the average price for exports to Cameroon ($981 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.1%), 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 Not Exceeding 1000cc in Germany

In 2022, supplies from abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs was finally on the rise to reach 341K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep slump. Imports peaked at 488K 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 not exceeding 1000ccs totaled $4.6B in 2022. In general, imports, however, continue to indicate a abrupt decrease. Over the period under review, imports of attained the peak figure at $6B 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 Not Exceeding 1000cc to Germany in 2022:

1. Spain (57.6K units)
2. Czech Republic (56.2K units)
3. China (48.4K units)
4. South Africa (47.1K units)
5. Italy (21.3K units)
6. Romania (20.7K units)
7. Turkey (18.0K units)
8. Belgium (12.8K units)
9. Portugal (12.6K units)
10. Slovakia (10.8K units)
11. South Korea (8.9K units)
12. Netherlands (5.3K units)
13. France (4.9K units)

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

In 2022, shipments abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs was finally on the rise to reach 159K units after two years of decline. Over the period under review, exports, however, recorded a sharp slump. Over the period under review, the exports of hit record highs at 343K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs soared to $2.5B in 2022. Overall, exports, however, saw a precipitous slump. Over the period under review, the exports of hit record highs at $5.1B in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. United Kingdom (29.0K units)
2. Italy (22.6K units)
3. France (18.5K units)
4. Netherlands (15.8K units)
5. Belgium (9.9K units)
6. Austria (8.8K units)
7. Spain (7.4K units)
8. Turkey (5.3K units)
9. Czech Republic (4.1K units)
10. Poland (4.0K units)
11. Ireland (3.2K units)
12. Denmark (2.8K units)
13. Switzerland (2.5K units)

Source: IndexBox Market Intelligence Platform