Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bolivia - 2023

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bolivia (CIF) - 2023
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bolivia (FOB) - 2022
3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bolivia
4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bolivia

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bolivia (CIF) - 2023

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $67,215 per unit in November 2023, growing by 2% against the previous month. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 9.8% against the previous month. Over the period under review, average import prices hit record highs in November 2023.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Germany ($67,257 per unit) and South Korea ($67,231 per unit), while the price for Mexico ($67,182 per unit) and Indonesia ($67,191 per unit) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the UK (+1.0%), 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 Bolivia (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $74,652 per unit in 2022, growing by 20% against the previous year. Over the period under review, the export price saw resilient growth. The pace of growth appeared the most rapid in 2014 an increase of 165% against the previous year. As a result, the export price attained the peak level of $76,181 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Luxembourg ($37,710 per unit), while the average price for exports to Chile ($208 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+12.2%), while the prices for the other major destinations experienced a decline.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bolivia

For the third consecutive year, Bolivia recorded decline in supplies from abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs, which decreased by -8.4% to 1.3K units in 2022. In general, imports faced a deep reduction. Over the period under review, imports of reached the peak figure at 2K 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 exceeding 3000ccs skyrocketed to $35M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 +78.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Bolivia in 2022:

1. Japan (652.0 units)
2. Chile (124.0 units)
3. United States (116.0 units)
4. South Korea (101.0 units)
5. Indonesia (74.0 units)
6. Austria (62.0 units)
7. Mexico (56.0 units)
8. Argentina (50.0 units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Bolivia

In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Bolivia totaled 5 units, standing approx. at 2021. Over the period under review, exports faced a deep downturn. The smallest decline of -28.6% was in 2021. Over the period under review, the exports of hit record highs at 7 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs contracted to $55K in 2022. Overall, exports continue to indicate a precipitous decline. Over the period under review, the exports of attained the peak figure at $140K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Bolivia in 2022:

1. United States (1.0 units)
2. Spain (1.0 units)
3. Venezuela (1.0 units)
4. Chile (1.0 units)
5. Luxembourg (1.0 units)

Source: IndexBox Market Intelligence Platform