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

Contents:

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

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

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $59,971 per unit in 2022, growing by 9.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 22%. As a result, import price reached the peak level of $60,625 per unit. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($237,033 per unit), while the price for Poland ($13,164 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.4%), 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 Norway (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $106,199 per unit, increasing by 97% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($233,632 per unit), while the average price for exports to Poland ($6,846 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 Greece (+83.9%), 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 Norway

In 2022, after three years of growth, there was significant decline in supplies from abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs, when their volume decreased by -38.1% to 2.3K units. Over the period under review, imports saw a mild downturn. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year. Over the period under review, imports of reached the maximum at 3.8K units in 2021, and then contracted remarkably in the following year.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs fell significantly to $140M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, imports attained the peak of $204M, and then fell remarkably in the following year.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany50.890.910864.88.5%
United States19.119.930.117.8-2.3%
United Kingdom5.46.45.89.420.3%
Italy8.410.014.28.50.4%
Japan2.64.48.76.938.4%
Switzerland1.83.39.56.150.2%
Austria7.32.94.36.0-6.3%
Sweden6.74.56.65.5-6.4%
Canada0.31.02.72.191.3%
United Arab Emirates0.30.41.61.467.1%
Netherlands1.51.61.41.2-7.2%
Poland0.20.20.30.535.7%
Others8.73.010.89.53.0%
Total1131492041407.4%

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

  1. Germany (762.0 units)
  2. United States (510.0 units)
  3. Sweden (256.0 units)
  4. Japan (211.0 units)
  5. Switzerland (121.0 units)
  6. United Kingdom (63.0 units)
  7. United Arab Emirates (57.0 units)
  8. Canada (51.0 units)
  9. Austria (37.0 units)
  10. Italy (36.0 units)
  11. Netherlands (35.0 units)
  12. Poland (35.0 units)

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

Exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Norway surged to 227 units in 2022, with an increase of 29% on 2021 figures. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 55%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs soared to $18M in 2022. Over the period under review, exports enjoyed a significant increase. 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 Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,1881,9001,4613,45516.4%
United States6343021942,18651.1%
France7755607922,07038.7%
United Kingdom3587442701,92075.0%
United Arab Emirates17.430.2N/A1,461337.9%
Spain1,5481651,1861,402-3.2%
Denmark7351839671,16716.7%
Sweden69.11,814347839129.8%
GreeceN/A8.4155311508.5%
LatviaN/AN/A1,246238-80.9%
Poland25.937818810358.4%
Czech Republic5.581.014.399.4162.4%
Lithuania1.71.621.570.6246.3%
Others6771,3621,4122,30650.5%
Total7,0357,5308,25317,62935.8%

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

  1. United Kingdom (39.0 units)
  2. United Arab Emirates (22.0 units)
  3. Germany (21.0 units)
  4. Sweden (19.0 units)
  5. United States (18.0 units)
  6. Poland (15.0 units)
  7. France (12.0 units)
  8. Greece (11.0 units)
  9. Latvia (8.0 units)
  10. Lithuania (6.0 units)
  11. Denmark (6.0 units)
  12. Spain (6.0 units)
  13. Czech Republic (5.0 units)

Source: IndexBox Market Intelligence Platform

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