Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Hungary - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Hungary (CIF) - 2023
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Hungary (FOB) - 2023
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Hungary
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Hungary
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Hungary (CIF) - 2023
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $13,071 per unit in October 2023, waning by -6.8% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 9.4% m-o-m. As a result, import price reached the peak level of $14,888 per unit; afterwards, it flattened through to October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($18,618 per unit), while the price for Switzerland ($792 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 Serbia (+47.1%), 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 Hungary (FOB) - 2023
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $14,662 per unit in October 2023, which is down by -9.1% against the previous month. In general, the export price recorded a mild decrease. The most prominent rate of growth was recorded in April 2023 an increase of 10% month-to-month. The export price peaked at $19,379 per unit in July 2023; afterwards, it flattened through to October 2023.
Average prices varied somewhat for the major export markets. In October 2023, the highest price was recorded for prices to Albania ($17,584 per unit) and Israel ($16,684 per unit), while the average price for exports to North Macedonia ($13,824 per unit) and Serbia ($14,384 per unit) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+4.1%), 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 Hungary
In 2022, overseas purchases of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by -10.2% to 22K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 7.6%. As a result, imports attained the peak of 25K units, and then shrank in the following year.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs fell notably to $250M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports reached the peak of $301M, and then fell sharply in the following year.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 87.3 | 68.4 | 92.0 | 72.2 | -6.1% |
| Romania | 18.6 | 20.8 | 21.9 | 27.4 | 13.8% |
| Czech Republic | 38.5 | 26.1 | 24.3 | 23.2 | -15.5% |
| Slovakia | 3.8 | 6.8 | 20.4 | 19.0 | 71.0% |
| Italy | 1.1 | 6.9 | 23.8 | 17.9 | 153.4% |
| South Korea | 14.5 | 23.6 | 31.5 | 17.3 | 6.1% |
| France | 0.6 | 2.7 | 1.9 | 16.6 | 202.4% |
| Spain | 15.3 | 13.3 | 16.8 | 15.9 | 1.3% |
| Poland | 1.9 | 38.5 | 39.6 | 10.3 | 75.7% |
| Slovenia | 38.5 | 30.5 | 12.1 | 9.4 | -37.5% |
| China | 0.4 | 0.5 | 1.6 | 2.0 | 71.0% |
| Others | 11.3 | 21.5 | 15.3 | 19.2 | 19.3% |
| Total | 232 | 260 | 301 | 250 | 2.5% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Hungary in 2022:
- Germany (4.8K units)
- China (2.5K units)
- Romania (2.2K units)
- Czech Republic (2.0K units)
- Italy (1.6K units)
- South Korea (1.6K units)
- France (1.3K units)
- Slovakia (1.3K units)
- Poland (1.2K units)
- Spain (1.1K units)
- Slovenia (0.9K units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Hungary
In 2022, approx. 12K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs were exported from Hungary; shrinking by -20.5% compared with 2021. Overall, exports faced a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 33%. Over the period under review, the exports of reached the maximum at 47K 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 dropped dramatically to $209M in 2022. In general, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, the exports of reached the maximum at $587M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 126 | 85.4 | 113 | 75.3 | -15.8% |
| Austria | 25.1 | 23.5 | 43.1 | 37.7 | 14.5% |
| Slovakia | 3.0 | 8.4 | 10.6 | 15.7 | 73.6% |
| Italy | 78.7 | 4.6 | 18.6 | 12.1 | -46.4% |
| Bulgaria | 13.2 | 12.1 | 9.9 | 11.8 | -3.7% |
| Czech Republic | 3.1 | 9.0 | 12.7 | 9.8 | 46.8% |
| Serbia | 8.9 | 6.7 | 11.3 | 8.8 | -0.4% |
| Netherlands | 22.8 | 6.2 | 5.8 | 7.7 | -30.4% |
| Belgium | 21.2 | 2.3 | 6.6 | 7.1 | -30.6% |
| France | 43.7 | 5.6 | 7.2 | 6.9 | -46.0% |
| Israel | 28.8 | N/A | 0.4 | 6.0 | -40.7% |
| Poland | 25.2 | 0.3 | N/A | 0.1 | -84.2% |
| United Kingdom | 61.1 | N/A | N/A | N/A | 0% |
| Others | 127 | 9.5 | 15.0 | 10.1 | -57.0% |
| Total | 587 | 174 | 254 | 209 | -29.1% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Hungary in 2022:
- Germany (3941.0 units)
- Austria (2360.0 units)
- Slovakia (942.0 units)
- Bulgaria (795.0 units)
- Serbia (730.0 units)
- Czech Republic (574.0 units)
- Italy (493.0 units)
- Netherlands (428.0 units)
- Belgium (380.0 units)
- Israel (370.0 units)
- France (365.0 units)
- Poland (2.0 units)
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