Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the United Arab Emirates - 2022

Contents:

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

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the United Arab Emirates (CIF) - 2022

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $2,620 per unit in 2022, reducing by -27.2% against the previous year. Overall, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 63% against the previous year. Over the period under review, average import prices reached the maximum at $4,839 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($13,367 per unit), while the price for Japan ($802 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+15.4%), 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 the United Arab Emirates (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $9,243 per unit, which is down by -23.7% against the previous year. In general, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 159%. Over the period under review, the average export prices hit record highs at $12,107 per unit in 2021, and then dropped significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($12,477 per unit), while the average price for exports to Germany ($2,209 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+10.8%), 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 the United Arab Emirates

In 2022, approx. 144K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs were imported into the United Arab Emirates; growing by 228% on the previous year's figure. Overall, imports saw a significant increase. 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 soared to $378M in 2022. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 142%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan27.813.210.876.940.4%
Germany4.11.20.352.6134.1%
ChinaN/AN/AN/A50.80%
United Kingdom0.20.10.236.3466.2%
United States14.410.99.135.535.1%
India4.610.537.535.297.1%
Taiwan (Chinese)3.02.03.65.119.3%
Others7.027.696.785.3130.1%
Total61.165.515837883.6%

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

  1. Japan (95.8K units)
  2. India (25.9K units)
  3. Germany (3.9K units)
  4. China (3.8K units)
  5. United States (2.7K units)
  6. Taiwan (Chinese) (2.7K units)
  7. United Kingdom (2.7K units)

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

In 2022, approx. 27K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs were exported from the United Arab Emirates; picking up by 866% on the previous year's figure. Overall, exports saw a significant increase. 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 skyrocketed to $246M in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A18.50%
SomaliaN/AN/AN/A16.90%
OmanN/A1.90.315.2182.8%
IraqN/AN/AN/A14.60%
Angola0.20.10.214.5317.0%
South SudanN/AN/AN/A14.50%
GermanyN/AN/AN/A12.30%
KazakhstanN/AN/AN/A9.60%
United StatesN/AN/AN/A9.10%
IndiaN/AN/A0.28.34050.0%
CongoN/AN/AN/A7.60%
TanzaniaN/AN/A1.33.5169.2%
MozambiqueN/AN/AN/A3.30%
Others18.217.531.398.175.3%
Total18.419.533.4246137.3%

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

  1. Germany (5.5K units)
  2. China (1.5K units)
  3. Somalia (1.4K units)
  4. Iraq (1.2K units)
  5. Angola (1.2K units)
  6. Oman (1.2K units)
  7. South Sudan (1.2K units)
  8. Tanzania (0.9K units)
  9. Kazakhstan (0.8K units)
  10. India (0.7K units)
  11. United States (0.7K units)
  12. Congo (0.6K units)
  13. Mozambique (0.6K units)

Source: IndexBox Market Intelligence Platform

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