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

Contents:

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

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

In December 2023, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $240K per unit, picking up by 1.6% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 43% month-to-month. As a result, the export price attained the peak level of $300K per unit. From August 2023 to December 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($705K per unit), while the average price for exports to France ($116K per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Italy (CIF) - 2022

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $105,618 per unit in 2022, with an increase of 351% against the previous year. Over the period under review, the import price posted tangible growth. The import price peaked at $110,846 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($217,083 per unit), while the price for the United States ($36,747 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Italy rose remarkably to 29K units, increasing by 11% compared with the previous year's figure. The total export volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 35%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs rose sharply to $6.7B in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,5561,2531,5591,9858.5%
Germany47958673686221.6%
China21624637956137.5%
Japan4744405665424.6%
United Kingdom513480465439-5.1%
France2493203162905.2%
Switzerland2582843122671.1%
South Korea91.811816717022.8%
Austria70.477.410410413.9%
Belgium69.981.792.598.212.0%
Australia10871.599.895.7-4.0%
Netherlands44.250.369.575.319.4%
Spain55.146.545.775.110.9%
Others9158241,0311,1798.8%
Total5,0994,8785,9436,7449.8%

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

  1. United States (7.0K units)
  2. Germany (4.8K units)
  3. China (2.4K units)
  4. Japan (2.1K units)
  5. France (1.8K units)
  6. United Kingdom (1.7K units)
  7. Switzerland (0.8K units)
  8. South Korea (0.8K units)
  9. Belgium (0.6K units)
  10. Austria (0.5K units)
  11. Australia (0.5K units)
  12. Spain (0.5K units)
  13. Netherlands (0.4K units)

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

Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Italy fell rapidly to 4.6K units in 2022, with a decrease of -29.9% against the previous year's figure. Over the period under review, imports recorded a slight slump. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, imports reached the peak of 6.5K units, and then shrank sharply in the following year.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs expanded markedly to $461M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +43.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1731542062279.5%
Austria36.012.640.252.213.2%
United Kingdom65.243.751.951.4-7.6%
Belgium7.54.814.729.758.2%
Slovakia5.825.118.928.970.8%
France13.848.645.920.213.5%
United States6.58.313.911.520.9%
Switzerland10.47.310.410.81.3%
Others21.517.437.529.811.5%
Total34032243946110.7%

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

  1. Germany (1909.0 units)
  2. Austria (476.0 units)
  3. United Kingdom (435.0 units)
  4. Belgium (408.0 units)
  5. United States (312.0 units)
  6. Slovakia (275.0 units)
  7. Switzerland (101.0 units)
  8. France (93.0 units)

Source: IndexBox Market Intelligence Platform

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