Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Malaysia - 2024
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Malaysia (CIF) - 2024
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Malaysia (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Malaysia
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Malaysia
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Malaysia (CIF) - 2024
In January 2024, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $26,260 per unit, dropping by -39.5% against the previous month. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in December 2023 when the average import price increased by 82% against the previous month. The import price peaked at $60,684 per unit in January 2023; however, from February 2023 to January 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($178K per unit), while the price for the United States ($7,167 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Malaysia (FOB) - 2022
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $40,040 per unit in 2022, reducing by -38.6% against the previous year. Over the period under review, the export price, however, recorded a perceptible expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 183% against the previous year. The export price peaked at $128,184 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($267,423 per unit), while the average price for exports to Papua New Guinea ($9,023 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 Thailand (+47.1%), 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 Malaysia
In 2022, after two years of decline, there was significant growth in supplies from abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs, when their volume increased by 62% to 4.5K units. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $124M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 48.9 | 25.4 | 35.6 | 37.9 | -8.1% |
| Italy | 18.0 | 26.2 | 22.3 | 32.0 | 21.1% |
| United Kingdom | 27.2 | 26.7 | 31.2 | 30.9 | 4.3% |
| Germany | 17.1 | 14.0 | 11.1 | 21.5 | 7.9% |
| United States | 1.7 | 1.6 | 1.4 | 1.2 | -11.0% |
| Others | 0.4 | 1.2 | 0.4 | 0.6 | 14.5% |
| Total | 113 | 95.1 | 102 | 124 | 3.1% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Malaysia in 2022:
- Japan (3181.0 units)
- United Kingdom (543.0 units)
- Germany (396.0 units)
- Italy (286.0 units)
- United States (95.0 units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Malaysia
In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs exported from Malaysia reduced markedly to 79 units, declining by -20.2% compared with the previous year. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 111%. Over the period under review, the exports of attained the maximum at 104 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 contracted notably to $3.1M in 2022. Over the period under review, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, the exports reached the peak of $6M, and then contracted sharply in the following year.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 555 | 1,868 | 1,093 | 1,138 | 27.0% |
| United Arab Emirates | N/A | N/A | 3,480 | 535 | -84.6% |
| United Kingdom | 830 | 17.6 | 384 | 527 | -14.1% |
| Papua New Guinea | 465 | 301 | 621 | 271 | -16.5% |
| New Zealand | 13.3 | N/A | N/A | 267 | 171.8% |
| Suriname | 41.5 | N/A | N/A | 109 | 38.0% |
| Australia | 127 | N/A | 61.6 | 102 | -7.0% |
| Japan | 267 | N/A | 131 | 69.9 | -36.0% |
| Germany | 853 | 642 | N/A | N/A | -24.7% |
| Lithuania | 196 | 642 | 27.8 | N/A | -62.3% |
| Solomon Islands | 431 | 38.3 | 111 | N/A | -49.3% |
| Others | 648 | 339 | 94.5 | 105 | -45.5% |
| Total | 4,427 | 3,848 | 6,004 | 3,123 | -11.0% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Malaysia in 2022:
- Papua New Guinea (30.0 units)
- Singapore (18.0 units)
- Suriname (8.0 units)
- United Kingdom (6.0 units)
- Australia (4.0 units)
- Japan (3.0 units)
- New Zealand (3.0 units)
- United Arab Emirates (2.0 units)
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