Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Belgium - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Belgium (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Belgium (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Belgium
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Belgium
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Belgium (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $21,640 per unit, declining by -50.1% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of 24%. As a result, import price reached the peak level of $86,009 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($145,655 per unit), while the price for Japan ($29,174 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.2%), 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 Exceeding 3000cc in Belgium (FOB) - 2022
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $29,335 per unit in 2022, with a decrease of -59.9% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2021 when the average export price increased by 27% against the previous year. As a result, the export price reached the peak level of $73,157 per unit, and then fell dramatically in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($249,439 per unit), while the average price for exports to the Czech Republic ($20,487 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 the UK (+15.1%), 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 Exceeding 3000cc in Belgium
For the fourth year in a row, Belgium recorded growth in overseas purchases of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs, which increased by 40% to 20K units in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 50%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs soared to $988M in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 98.0 | 174 | 213 | 353 | 53.3% |
| United Kingdom | 91.3 | 61.9 | 83.7 | 234 | 36.9% |
| Germany | 139 | 159 | 98.3 | 131 | -2.0% |
| Italy | 72.2 | 94.9 | 100 | 83.7 | 5.1% |
| Netherlands | 19.1 | 56.2 | 63.1 | 75.9 | 58.4% |
| Canada | 14.2 | 44.2 | 18.2 | 27.8 | 25.1% |
| Japan | 11.3 | 16.2 | 17.5 | 14.1 | 7.7% |
| Others | 31.9 | 75.6 | 75.5 | 67.8 | 28.6% |
| Total | 477 | 683 | 670 | 988 | 27.5% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Belgium in 2022:
- United States (8.7K units)
- Germany (4.0K units)
- Netherlands (2.4K units)
- United Kingdom (1.6K units)
- Italy (1.3K units)
- Canada (0.7K units)
- Japan (0.5K units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Belgium
In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Belgium soared to 17K units, picking up by 100% against 2021 figures. In general, exports recorded a significant increase. As a result, the exports reached 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 exceeding 3000ccs skyrocketed to $930M in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 107%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 67.7 | 191 | 208 | 377 | 77.2% |
| Netherlands | 15.3 | 23.5 | 74.4 | 96.3 | 84.6% |
| Luxembourg | 57.3 | 62.0 | 91.8 | 91.3 | 16.8% |
| France | 35.7 | 19.5 | 35.3 | 66.6 | 23.1% |
| United States | 0.6 | 13.0 | 13.8 | 48.9 | 333.6% |
| Sweden | 10.5 | 2.7 | 29.9 | 44.1 | 61.3% |
| Italy | 3.4 | 2.8 | 16.2 | 42.4 | 131.9% |
| Czech Republic | 1.7 | 1.9 | 4.1 | 16.8 | 114.6% |
| United Kingdom | 0.3 | 127 | 5.2 | 11.0 | 232.2% |
| Spain | 9.4 | 6.6 | 8.7 | 6.7 | -10.7% |
| Others | 46.9 | 64.9 | 114 | 129 | 40.1% |
| Total | 249 | 515 | 601 | 930 | 55.2% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Belgium in 2022:
- Germany (7.6K units)
- Netherlands (1.9K units)
- Luxembourg (1.3K units)
- France (1.0K units)
- Italy (0.9K units)
- Sweden (0.9K units)
- Czech Republic (0.8K units)
- United States (0.3K units)
- Spain (0.1K units)
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