Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Colombia - 2022
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Colombia (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Colombia (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Colombia
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Colombia
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Colombia (CIF) - 2022
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $30,528 per unit in 2022, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 11% against the previous year. As a result, import price attained the peak level of $33,490 per unit. From 2021 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 Germany ($70,720 per unit), while the price for Canada ($18,219 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+7.9%), 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 Colombia (FOB) - 2022
In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $11,987 per unit, with an increase of 12% against the previous year. Overall, the export price, however, recorded a deep setback. The pace of growth was the most pronounced in 2018 when the average export price increased by 24%. Over the period under review, the average export prices hit record highs at $32,957 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($20,666 per unit), while the average price for exports to the United States ($9,603 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 Netherlands (+27.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Colombia
In 2022, approx. 5.1K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were imported into Colombia; growing by 60% compared with the previous year. Over the period under review, imports recorded a buoyant increase. As a result, imports attained 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 exceeding 3000ccs soared to $157M in 2022. Overall, imports enjoyed a resilient 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 Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 42.6 | 24.3 | 47.4 | 83.3 | 25.0% |
| United States | 53.6 | 28.5 | 35.6 | 44.7 | -5.9% |
| Mexico | 8.5 | 7.3 | 7.2 | 15.3 | 21.6% |
| Argentina | N/A | N/A | 1.4 | 6.0 | 328.6% |
| Brazil | 7.3 | 4.3 | N/A | N/A | -41.1% |
| Others | 11.1 | 6.3 | 5.9 | 7.6 | -11.9% |
| Total | 123 | 70.8 | 97.6 | 157 | 8.5% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Colombia in 2022:
- Japan (3.0K units)
- United States (1.3K units)
- Mexico (0.5K units)
- Argentina (0.2K units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Colombia
In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Colombia soared to 290 units, growing by 29% compared with the year before. Overall, exports posted buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 76% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs skyrocketed to $3.5M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.2% against 2020 indices. 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 Exceeding 3000cc in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,625 | 1,302 | 1,966 | 2,458 | 14.8% |
| Netherlands | N/A | 12.6 | 93.2 | 103 | 185.9% |
| Germany | 484 | 6.5 | 44.0 | 47.9 | -53.7% |
| Others | 500 | 463 | 336 | 891 | 21.2% |
| Total | 2,609 | 1,784 | 2,440 | 3,500 | 10.3% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Colombia in 2022:
- United States (256.0 units)
- Netherlands (5.0 units)
- Germany (3.0 units)
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