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

Contents:

  1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Slovakia (FOB) - 2023
  2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Slovakia (CIF) - 2022
  3. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Slovakia
  4. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Slovakia

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Slovakia (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 $10,573 per unit, reducing by -23.4% against the previous month. In general, the export price saw a mild setback. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 16% against the previous month. As a result, the export price attained the peak level of $13,966 per unit; afterwards, it flattened through to October 2023.

Average prices varied noticeably for the major foreign markets. In October 2023, the country with the highest price was Switzerland ($12,076 per unit), while the average price for exports to the UK ($10,367 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 Germany (+2.5%), 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 Slovakia (CIF) - 2022

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $12,380 per unit in 2022, reducing by -10.9% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by -1.8% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 44% against the previous year. The import price peaked at $13,891 per unit in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($14,128 per unit), while the price for Hungary ($8,402 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+4.7%), 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 Slovakia

In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs from Slovakia contracted notably to 63K units, with a decrease of -23.1% against 2021. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 46% against the previous year. The exports peaked at 126K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs reduced rapidly to $806M in 2022. Overall, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. Over the period under review, the exports of attained the maximum at $1.1B in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany428216303167-26.9%
Spain9.416.6153155154.5%
United Kingdom91.366.610991.2-0.0%
Italy16091.211158.4-28.5%
Netherlands64.139.172.257.0-3.8%
France53.824.645.941.6-8.2%
Belgium10.111.825.139.557.6%
Austria38.539.335.137.8-0.6%
Poland37.925.322.832.0-5.5%
Hungary12.021.334.430.636.6%
Czech Republic43.318.023.021.7-20.6%
Finland1.26.818.516.9141.5%
Denmark48.829.626.616.4-30.5%
Others10626.952.241.8-26.7%
Total1,1046331,032806-10.0%

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

  1. Germany (15.4K units)
  2. Spain (10.8K units)
  3. United Kingdom (6.6K units)
  4. Italy (5.2K units)
  5. Netherlands (4.1K units)
  6. Poland (3.2K units)
  7. France (3.0K units)
  8. Hungary (2.7K units)
  9. Belgium (2.4K units)
  10. Austria (2.3K units)
  11. Czech Republic (1.7K units)
  12. Denmark (1.2K units)
  13. Finland (1.2K units)

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

In 2022, purchases abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs was finally on the rise to reach 23K units after two years of decline. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $281M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.9% against 2020 indices. 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 Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic15.930.422.511693.9%
Germany38.763.075.968.420.9%
SloveniaN/A22.826.426.47.6%
Romania15.714.215.122.112.1%
Hungary3.311.37.617.975.7%
France14.116.014.612.3-4.5%
Poland0.80.41.14.780.4%
Spain38.84.26.82.7-58.9%
South Africa14.1N/AN/AN/A0%
Turkey30.8N/AN/AN/A0%
Others36.79.112.810.0-35.2%
Total20917118328110.4%

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

  1. Czech Republic (8.9K units)
  2. Germany (4.8K units)
  3. Romania (2.1K units)
  4. Hungary (2.1K units)
  5. Slovenia (2.0K units)
  6. France (1.2K units)
  7. Poland (0.5K units)
  8. Spain (0.2K units)

Source: IndexBox Market Intelligence Platform

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