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

Contents:

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

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

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $44,941 per unit in 2022, with an increase of 12% against the previous year. In general, the import price saw a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 302% against the previous year. Over the period under review, average import prices attained the maximum at $75,247 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 Italy ($168,286 per unit), while the price for France ($15,836 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.8%), 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 Spain (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $22,416 per unit in 2022, falling by -83.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 83%. As a result, the export price reached the peak level of $134,574 per unit, and then dropped significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Andorra ($229,698 per unit), while the average price for exports to Slovakia ($18,730 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 Andorra (+8.8%), 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 Spain

For the third consecutive year, Spain recorded decline in supplies from abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs, which decreased by -3.9% to 8.3K units in 2022. In general, imports faced a precipitous curtailment. Imports peaked at 25K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $369M in 2022. Overall, imports faced a deep downturn. Over the period under review, imports of reached the peak figure at $716M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany337175136163-21.5%
Italy46.646.151.662.410.2%
Hungary21411168.749.7-38.5%
United Kingdom47.726.337.037.6-7.6%
FinlandN/A0.90.714.5301.4%
United States24.76.48.011.5-22.5%
France17.41.06.27.5-24.5%
Others29.123.637.022.5-8.2%
Total716391345369-19.8%

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

  1. Germany (3.8K units)
  2. Hungary (1.8K units)
  3. Finland (0.6K units)
  4. France (0.5K units)
  5. United States (0.4K units)
  6. Italy (0.4K units)
  7. United Kingdom (0.3K units)

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

In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Spain skyrocketed to 2.9K units, with an increase of 49% on 2021 figures. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs expanded rapidly to $154M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 43% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal11.66.114.123.125.8%
Germany13.818.223.722.617.9%
Andorra19.522.225.822.54.9%
Morocco10.612.721.321.827.2%
BrazilN/AN/A1.012.91190.0%
United Arab Emirates2.74.52.58.043.6%
Austria0.50.20.75.7125.1%
Netherlands1.35.42.15.662.7%
France7.27.47.94.9-12.0%
Belgium1.32.73.53.539.1%
Gibraltar6.54.99.43.3-20.2%
Czech RepublicN/A2.01.91.3-19.4%
SlovakiaN/AN/A1.41.1-21.4%
Others10.311.224.417.519.3%
Total85.397.614015421.8%

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

  1. Germany (706.0 units)
  2. United Arab Emirates (251.0 units)
  3. Brazil (192.0 units)
  4. Austria (187.0 units)
  5. Portugal (179.0 units)
  6. Netherlands (155.0 units)
  7. Morocco (138.0 units)
  8. Belgium (124.0 units)
  9. France (113.0 units)
  10. Andorra (98.0 units)
  11. Slovakia (58.0 units)
  12. Gibraltar (52.0 units)
  13. Czech Republic (47.0 units)

Source: IndexBox Market Intelligence Platform

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