Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Hungary - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Hungary (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Hungary (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Hungary
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Hungary
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Hungary (CIF) - 2022
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $94,939 per unit in 2022, declining by -5.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2021 an increase of 19%. As a result, import price reached the peak level of $100,457 per unit, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($281,783 per unit), while the price for Switzerland ($7,925 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.5%), 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 Hungary (FOB) - 2022
In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $125,672 per unit, reducing by -8.9% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs increased by +24.4% against 2017 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices hit record highs at $137,929 per unit in 2021, and then declined 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 Czech Republic ($162,012 per unit), while the average price for exports to Iraq ($15,538 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 Slovenia (+12.1%), 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 Hungary
In 2022, approx. 1.6K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were imported into Hungary; rising by 40% compared with the year before. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.6% against 2019 indices. 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 surged to $156M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +55.7% against 2020 indices. As a result, imports attained 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 Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 32.4 | 34.7 | 54.5 | 60.0 | 22.8% |
| Germany | 39.3 | 28.7 | 30.9 | 55.0 | 11.9% |
| Italy | 11.7 | 15.3 | 17.9 | 20.3 | 20.2% |
| Belgium | 5.3 | 8.5 | 5.3 | 6.0 | 4.2% |
| Slovakia | 0.9 | 0.4 | 0.5 | 4.9 | 75.9% |
| United Kingdom | 4.6 | 8.0 | 1.9 | 4.0 | -4.6% |
| South Korea | 0.9 | 0.4 | 1.0 | 0.6 | -12.6% |
| United States | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| Switzerland | 0.3 | 0.6 | 0.4 | 0.3 | 0.0% |
| Others | 5.4 | 3.2 | 4.7 | 4.2 | -8.0% |
| Total | 101 | 100 | 118 | 156 | 15.6% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Hungary in 2022:
- Austria (593.0 units)
- Germany (554.0 units)
- Belgium (135.0 units)
- Italy (72.0 units)
- Slovakia (55.0 units)
- United Kingdom (52.0 units)
- Switzerland (42.0 units)
- United States (28.0 units)
- South Korea (20.0 units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Hungary
In 2022, approx. 769 units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were exported from Hungary; rising by 41% on 2021. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% 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 +52.9% against 2019 indices. 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 surged to $96M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.5% against 2019 indices. As a result, the exports reached 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 Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 44.1 | 31.8 | 37.1 | 41.5 | -2.0% |
| Slovakia | 8.9 | 10.0 | 8.6 | 19.0 | 28.8% |
| Romania | 1.1 | 2.3 | 6.0 | 7.4 | 88.8% |
| Czech Republic | 5.3 | 7.1 | 9.4 | 6.0 | 4.2% |
| Bulgaria | 0.5 | 2.8 | 4.5 | 6.0 | 128.9% |
| Serbia | 0.1 | 1.3 | 2.5 | 3.6 | 230.2% |
| Slovenia | 0.1 | 5.2 | 0.5 | 1.0 | 115.4% |
| Iraq | N/A | N/A | N/A | 0.4 | 0% |
| Others | 4.4 | 7.3 | 6.1 | 10.8 | 34.9% |
| Total | 64.5 | 68.0 | 74.8 | 95.8 | 14.1% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Hungary in 2022:
- Germany (277.0 units)
- Slovakia (131.0 units)
- Bulgaria (68.0 units)
- Romania (63.0 units)
- Serbia (54.0 units)
- Czech Republic (37.0 units)
- Iraq (24.0 units)
- Slovenia (8.0 units)
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