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

Contents:

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

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

In December 2023, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $46,096 per unit, reducing by -2.7% against the previous month. Over the period under review, export price indicated modest growth from December 2022 to December 2023: its price increased at an average monthly rate of +1.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs decreased by -28.5% against July 2023 indices. The pace of growth was the most pronounced in March 2023 an increase of 116% m-o-m. The export price peaked at $64,433 per unit in July 2023; however, from August 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($60,484 per unit), while the average price for exports to the Czech Republic ($10,277 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 Austria (+10.4%), 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 Slovakia (CIF) - 2023

In December 2023, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $7,471 per unit, declining by -56.3% against the previous month. Over the period under review, the import price saw a abrupt setback. The most prominent rate of growth was recorded in June 2023 an increase of 238% against the previous month. The import price peaked at $76,691 per unit in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($136K per unit), while the price for Germany ($5,136 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Hungary (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 40K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were exported from Slovakia; rising by 139% against the previous year's figure. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 242%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs surged to $1.6B in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 172%. Over the period under review, the exports of attained the maximum in 2022 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 Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16236748577668.6%
United StatesN/A18614429325.5%
Czech Republic7.68.019.572.7112.3%
United Kingdom18.930.754.361.348.0%
Poland5.98.522.050.8105.0%
CanadaN/A17.717.336.543.6%
AustraliaN/AN/A2.531.91176.0%
Switzerland13.511.618.025.223.1%
Others38.139.212229397.4%
Total2466698841,64088.2%

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

  1. Germany (21.8K units)
  2. United States (5.5K units)
  3. Poland (2.0K units)
  4. Czech Republic (1.9K units)
  5. United Kingdom (1.6K units)
  6. Canada (0.7K units)
  7. Australia (0.6K units)
  8. Switzerland (0.6K units)

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

In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs into Slovakia soared to 5.2K units, jumping by 127% on the previous year. Overall, imports saw a significant increase. 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 soared to $233M in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 66%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26.546.087.395.353.2%
Czech Republic6.120.214.059.4113.5%
Hungary3.44.710.540.0127.4%
Austria19.118.135.722.15.0%
Poland0.212.95.94.0171.4%
RomaniaN/AN/AN/A0.60%
United States12.30.52.50.4-68.1%
France0.2N/A16.00.20.0%
Others21.54.45.310.6-21.0%
Total89.310717723337.7%

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

  1. Czech Republic (2402.0 units)
  2. Hungary (1130.0 units)
  3. Germany (901.0 units)
  4. Austria (211.0 units)
  5. Romania (152.0 units)
  6. Poland (93.0 units)
  7. United States (19.0 units)
  8. France (10.0 units)

Source: IndexBox Market Intelligence Platform

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