Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ecuador - 2022
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ecuador (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ecuador (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ecuador
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ecuador
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ecuador (CIF) - 2022
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $54,500 per unit in 2022, growing by 69% against the previous year. Overall, the import price continues to indicate a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($69,043 per unit), while the price for the United States ($34,593 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+9.8%), 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 Ecuador (FOB) - 2022
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $12,708 per unit in 2022, picking up by 23% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of 3,509% against the previous year. The export price peaked at $54,358 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($16,594 per unit), while the average price for exports to Venezuela ($6,239 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 United States (+3.3%).
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ecuador
Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Ecuador declined significantly to 595 units in 2022, with a decrease of -23.8% on the previous year's figure. Overall, imports showed a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Over the period under review, imports of hit record highs at 1.2K 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 exceeding 3000ccs expanded modestly to $25M in 2022. Over the period under review, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 42%. Over the period under review, imports of reached the maximum at $37M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 3.7 | 3.2 | 4.4 | 4.4 | 5.9% |
| Indonesia | 3.3 | 1.3 | 3.3 | 4.4 | 10.1% |
| United States | 14.6 | 5.2 | 5.8 | 4.4 | -33.0% |
| Thailand | 3.6 | 2.9 | 3.6 | 3.3 | -2.9% |
| South Korea | 4.0 | 0.6 | 2.5 | 3.1 | -8.1% |
| Japan | 2.6 | 0.8 | 1.8 | 2.8 | 2.5% |
| Canada | 3.6 | 1.7 | 1.5 | 1.0 | -34.8% |
| Others | 2.1 | 1.9 | 2.1 | 2.1 | 0.0% |
| Total | 37.4 | 17.6 | 24.9 | 25.5 | -12.0% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Ecuador in 2022:
- United States (127.0 units)
- Indonesia (117.0 units)
- Brazil (90.0 units)
- South Korea (80.0 units)
- Thailand (76.0 units)
- Japan (40.0 units)
- Canada (20.0 units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ecuador
In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Ecuador skyrocketed to 10 units, with an increase of 25% on the year before. In general, exports saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 167%. The exports peaked in 2022 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 $153K in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 522% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.9 | 4.4 | 28.0 | 96.5 | 221.6% |
| Peru | N/A | N/A | N/A | 49.8 | 0% |
| Venezuela | 6.6 | 8.9 | 54.8 | 6.2 | -2.1% |
| Trinidad and Tobago | 3.8 | N/A | N/A | N/A | 0% |
| Bahrain | 9.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.6 | 13.3 | 82.8 | 153 | 89.2% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Ecuador in 2022:
- United States (6.0 units)
- Peru (3.0 units)
- Venezuela (1.0 units)
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