Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal (FOB) - 2023
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal (CIF) - 2023
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal (FOB) - 2023
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $15,384 per unit in October 2023, with a decrease of -15% against the previous month. In general, the export price, however, showed mild growth. The pace of growth appeared the most rapid in May 2023 an increase of 11% month-to-month. Over the period under review, the average export prices hit record highs at $18,109 per unit in September 2023, and then shrank notably in the following month.
Average prices varied noticeably for the major export markets. In October 2023, the highest price was recorded for prices to France ($15,818 per unit) and Ireland ($15,612 per unit), while the average price for exports to Austria ($14,632 per unit) and the Netherlands ($15,080 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 France (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal (CIF) - 2023
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $14,487 per unit in October 2023, approximately mirroring the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 18% month-to-month. Over the period under review, average import prices reached the peak figure at $15,451 per unit in April 2023; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($18,887 per unit), while the price for Morocco ($10,595 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 China (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal
Exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs from Portugal soared to 49K units in 2022, growing by 19% compared with the previous year. The total export volume increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 not exceeding 1000ccs rose significantly to $724M in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 106 | 59.9 | 69.1 | 199 | 23.4% |
| Italy | 152 | 94.5 | 154 | 165 | 2.8% |
| United Kingdom | 44.7 | 73.7 | 86.2 | 74.7 | 18.7% |
| Spain | 66.8 | 45.5 | 99.1 | 65.8 | -0.5% |
| France | 58.8 | 62.1 | 49.0 | 55.2 | -2.1% |
| Belgium | 26.0 | 22.8 | 20.6 | 26.9 | 1.1% |
| Sweden | 14.1 | 20.4 | 29.6 | 25.8 | 22.3% |
| Netherlands | 12.0 | 15.5 | 24.2 | 24.1 | 26.2% |
| Austria | 48.0 | 31.3 | 21.7 | 17.2 | -29.0% |
| Croatia | 8.4 | 7.7 | 7.8 | 11.6 | 11.4% |
| Ireland | 5.9 | 4.9 | 7.8 | 11.3 | 24.2% |
| Greece | 7.7 | 12.5 | 12.0 | 11.1 | 13.0% |
| Romania | 17.4 | 8.9 | 20.8 | 6.8 | -26.9% |
| Others | 40.7 | 32.7 | 38.2 | 29.5 | -10.2% |
| Total | 608 | 492 | 640 | 724 | 6.0% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Portugal in 2022:
- Germany (14.2K units)
- Italy (11.4K units)
- Spain (4.5K units)
- France (3.9K units)
- United Kingdom (3.7K units)
- Belgium (1.9K units)
- Netherlands (1.7K units)
- Sweden (1.7K units)
- Austria (1.2K units)
- Greece (0.8K units)
- Ireland (0.8K units)
- Croatia (0.8K units)
- Romania (0.5K units)
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal
In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Portugal amounted to 41K units, with an increase of 8.3% against the previous year. Over the period under review, imports, however, recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, imports of reached the peak figure at 59K 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 reached $483M in 2022. In general, imports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 9.9%. Over the period under review, imports of reached the peak figure at $719M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 117 | 58.0 | 95.4 | 115 | -0.6% |
| Spain | 277 | 196 | 173 | 98.2 | -29.2% |
| Morocco | 23.2 | 12.4 | 31.4 | 49.3 | 28.6% |
| Belgium | 30.3 | 19.2 | 22.2 | 37.4 | 7.3% |
| South Korea | 56.8 | 37.9 | 43.8 | 34.0 | -15.7% |
| Turkey | 24.0 | 14.5 | 26.1 | 28.9 | 6.4% |
| Poland | 1.2 | 9.2 | 16.8 | 26.2 | 179.5% |
| Italy | 22.1 | 13.0 | 7.7 | 23.5 | 2.1% |
| Germany | 96.6 | 41.1 | 24.5 | 19.4 | -41.4% |
| China | 1.2 | 2.4 | 8.2 | 11.0 | 109.3% |
| Czech Republic | 22.7 | 12.5 | 10.6 | 2.5 | -52.1% |
| Others | 46.7 | 16.3 | 15.4 | 37.4 | -7.1% |
| Total | 719 | 432 | 475 | 483 | -12.4% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Portugal in 2022:
- France (9.4K units)
- Spain (6.5K units)
- Morocco (5.3K units)
- Belgium (2.8K units)
- China (2.8K units)
- South Korea (2.6K units)
- Poland (2.5K units)
- Turkey (2.2K units)
- Italy (2.1K units)
- Germany (1.3K units)
- Czech Republic (0.3K units)
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