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

Contents:

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

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

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $7,763 per unit, which is down by -83.9% against the previous year. Overall, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 178%. Over the period under review, average import prices hit record highs at $52,319 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Germany ($74,454 per unit), while the price for Georgia ($12,237 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.2%), 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 Russia (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $59,132 per unit, surging by 3.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 25%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($124,415 per unit), while the average price for exports to Spain ($19,421 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 Lithuania (+23.3%), 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 Russia

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs imported into Russia reduced rapidly to 16K units, which is down by -47.5% compared with the previous year. Overall, imports faced a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of 30K units, and then declined markedly in the following year.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs contracted dramatically to $425M in 2022. Over the period under review, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. As a result, imports reached the peak of $1.3B, and then shrank sharply in the following year.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan471331470104-39.6%
ArmeniaN/A0.12.374.92636.8%
South Korea40.233.612257.612.7%
Germany21618631552.3-37.7%
United States16050.615728.2-43.9%
United Kingdom21512520225.4-50.9%
United Arab Emirates3.81.52.424.084.8%
Georgia2.32.76.620.3106.7%
Others13360.962.438.6-33.8%
Total1,2427911,340425-30.1%

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

  1. Japan (5.5K units)
  2. Armenia (2.8K units)
  3. South Korea (2.2K units)
  4. Georgia (1.7K units)
  5. United Arab Emirates (1.2K units)
  6. United States (0.7K units)
  7. Germany (0.7K units)
  8. United Kingdom (0.4K units)

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

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs exported from Russia fell sharply to 917 units, with a decrease of -22% against 2021 figures. Over the period under review, exports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 3.9%. Over the period under review, the exports of hit record highs at 1.7K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs declined remarkably to $40M in 2022. Overall, exports recorded a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 14%. The exports peaked at $79M 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 Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
KyrgyzstanN/AN/A0.918.41944.4%
Kazakhstan26.014.920.97.9-32.8%
Hong Kong SAR4.710.23.82.3-21.2%
Georgia2.20.50.82.1-1.5%
South KoreaN/A0.1N/A1.7312.3%
United Arab Emirates1.3N/A1.61.54.9%
Germany5.34.24.91.1-40.8%
Lithuania6.92.32.80.8-51.2%
Bulgaria0.3N/A0.10.732.6%
Spain0.30.30.30.626.0%
France0.60.30.10.5-5.9%
Netherlands0.20.10.40.535.7%
Belarus21.014.926.9N/A13.2%
Others10.012.35.01.7-44.6%
Total78.760.368.539.8-20.3%

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

  1. Kyrgyzstan (498.0 units)
  2. Kazakhstan (122.0 units)
  3. Georgia (48.0 units)
  4. Hong Kong SAR (39.0 units)
  5. Spain (32.0 units)
  6. United Arab Emirates (26.0 units)
  7. South Korea (26.0 units)
  8. Bulgaria (23.0 units)
  9. Lithuania (19.0 units)
  10. Netherlands (18.0 units)
  11. France (16.0 units)
  12. Germany (9.0 units)

Source: IndexBox Market Intelligence Platform

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