Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Egypt - 2024

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Egypt (CIF) - 2024
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Egypt (FOB) - 2022
3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Egypt
4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Egypt

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Egypt (CIF) - 2024

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $67,214 per unit in January 2024, approximately reflecting the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of less than 0.1% m-o-m. As a result, import price reached the peak level of $67,217 per unit; afterwards, it flattened through to January 2024.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the countries with the highest prices were Italy ($67,217 per unit) and Germany ($67,216 per unit), while the price for Indonesia ($67,205 per unit) and South Korea ($67,207 per unit) were amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+0.0%), 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 Egypt (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $95,328 per unit in 2022, rising by 36% against the previous year. Overall, the export price continues to indicate a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Libya ($155,273 per unit), while the average price for exports to Saudi Arabia ($7,645 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 Libya (+25.1%), 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 Egypt

Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Egypt shrank remarkably to 1.1K units in 2022, waning by -23% compared with 2021. Over the period under review, imports saw a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. Imports peaked at 1.8K 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 shrank to $78M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 31%. As a result, imports attained the peak of $82M, and then shrank modestly in the following year.

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

1. United Kingdom (259.0 units)
2. Germany (249.0 units)
3. Austria (190.0 units)
4. United States (148.0 units)
5. Japan (79.0 units)
6. Italy (78.0 units)
7. Slovakia (42.0 units)

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

In 2022, overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs decreased by -72.7% to 3 units, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a sharp decrease. The pace of growth was the most pronounced in 2020 with an increase of 106%. As a result, the exports attained the peak of 35 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs reduced markedly to $216K in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2020 when exports increased by 107% against the previous year. As a result, the exports attained the peak of $2.1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Bahrain (1.0 units)
2. Saudi Arabia (1.0 units)
3. Libya (1.0 units)

Source: IndexBox Market Intelligence Platform