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

Contents:

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

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

In February 2024, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $37,342 per unit, falling by -4.6% against the previous month. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of 2.4% month-to-month. Over the period under review, the average export prices attained the peak figure at $39,820 per unit in February 2023; afterwards, it flattened through to February 2024.

Prices varied noticeably by the country of destination: the country with the highest price was Qatar ($47,552 per unit), while the average price for exports to Australia ($30,911 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In February 2024, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $155K per unit, increasing by 20% against the previous month. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Italy ($273K per unit), while the price for Slovakia ($82,483 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), 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 Japan

In 2022, approx. 412K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were exported from Japan; declining by -3.2% compared with the previous year. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 8.4%. Over the period under review, the exports of reached the maximum at 514K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs declined to $15B in 2022. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 7.4% against the previous year. The exports peaked at $18.1B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Japan (Billion USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.77.88.47.8-3.6%
United Arab Emirates2.31.41.51.5-13.3%
Saudi Arabia0.90.70.81.03.6%
Kuwait0.90.70.70.8-3.9%
Qatar0.50.40.40.66.3%
Canada0.50.30.40.4-7.2%
Oman0.90.50.40.4-23.7%
Australia0.20.20.20.314.5%
Iraq0.20.10.20.314.5%
Russia0.50.30.50.1-41.5%
Others2.61.71.71.7-13.2%
Total18.114.215.215.0-6.1%

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

  1. United States (214.8K units)
  2. United Arab Emirates (42.0K units)
  3. Saudi Arabia (28.7K units)
  4. Kuwait (22.7K units)
  5. Qatar (13.2K units)
  6. Canada (12.0K units)
  7. Oman (10.2K units)
  8. Australia (10.0K units)
  9. Iraq (7.4K units)
  10. Russia (5.0K units)

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

In 2022, approx. 14K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were imported into Japan; waning by -14.9% on the year before. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 10%. Over the period under review, imports of reached the peak figure at 20K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs declined to $1.7B in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.4%. Imports peaked at $2.1B in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy527509461492-2.3%
Germany556431471408-9.8%
United Kingdom438290372302-11.7%
Austria2462512002551.2%
United States329257352248-9.0%
Canada13.215.021.115.24.8%
Others13.86.129.57.5-18.4%
Total2,1241,7591,9071,729-6.6%

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

  1. United States (4.7K units)
  2. Germany (3.5K units)
  3. Italy (2.0K units)
  4. Austria (1.9K units)
  5. United Kingdom (1.7K units)
  6. Canada (0.3K units)

Source: IndexBox Market Intelligence Platform

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