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

Contents:

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

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

In December 2023, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $20,940 per unit, standing approximately at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in January 2023 when the average import price increased by 20% m-o-m. The import price peaked at $21,282 per unit in April 2023; afterwards, it flattened through to December 2023.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($27,907 per unit), while the price for Italy ($12,424 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.1%), 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 Switzerland (FOB) - 2023

In December 2023, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $2,679 per unit, waning by -10.2% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 when the average export price increased by 30% month-to-month. The export price peaked at $3,817 per unit in February 2023; afterwards, it flattened through to December 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Austria ($3,646 per unit), while the average price for exports to North Macedonia ($1,236 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+2.1%), 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 Switzerland

In 2022, overseas purchases of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs were finally on the rise to reach 27K units after two years of decline. Overall, imports, however, saw a deep reduction. Imports peaked at 38K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs rose rapidly to $466M in 2022. In general, imports, however, continue to indicate a pronounced downturn. Imports peaked at $525M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. Spain (6.5K units)
2. Germany (4.2K units)
3. Czech Republic (3.7K units)
4. Morocco (3.3K units)
5. Romania (3.2K units)
6. China (1.2K units)
7. Turkey (1.1K units)
8. Italy (0.9K units)
9. France (0.6K units)
10. South Korea (0.6K units)
11. Slovenia (0.2K units)
12. Poland (0.1K units)

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

In 2022, approx. 4.5K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs were exported from Switzerland; leveling off at 2021 figures. The total export volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs skyrocketed to $12M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

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

1. Italy (994.0 units)
2. Serbia (729.0 units)
3. Poland (485.0 units)
4. Bulgaria (283.0 units)
5. North Macedonia (258.0 units)
6. Libya (233.0 units)
7. France (225.0 units)
8. Germany (208.0 units)
9. Moldova (204.0 units)
10. Albania (115.0 units)
11. Hungary (74.0 units)
12. Benin (55.0 units)
13. Ukraine (32.0 units)

Source: IndexBox Market Intelligence Platform