Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the UK - 2024
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the UK (FOB) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the UK (CIF) - 2022
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the UK
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the UK
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the UK (FOB) - 2022
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $184,329 per unit in 2022, jumping by 34% against the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 37% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($173,072 per unit), while the average price for exports to the United Arab Emirates ($78,330 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 Russia (+7.1%), 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 the UK (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $104,432 per unit, surging by 7.9% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs decreased by -6.4% against 2017 indices. The pace of growth appeared the most rapid in 2017 an increase of 109%. As a result, import price reached the peak level of $111,518 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($303,017 per unit), while the price for Japan ($12,935 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+24.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the UK
In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from the UK soared to 106K units, picking up by 88% against the year before. In general, exports showed a resilient increase. As a result, the exports reached 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 soared to $10.5B in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 36% 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,812 | 2,291 | 2,909 | 3,724 | -0.8% |
| China | 880 | 992 | 1,561 | 1,597 | 22.0% |
| Germany | 676 | 496 | 480 | 595 | -4.2% |
| United Arab Emirates | 301 | 163 | 219 | 587 | 24.9% |
| South Korea | 143 | 133 | 217 | 367 | 36.9% |
| Japan | 433 | 281 | 366 | 299 | -11.6% |
| Canada | 321 | 157 | 225 | 262 | -6.5% |
| Saudi Arabia | 110 | 85.7 | 98.4 | 234 | 28.6% |
| Russia | 215 | 125 | 202 | 25.4 | -50.9% |
| Others | 2,215 | 1,485 | 2,173 | 2,856 | 8.8% |
| Total | 9,106 | 6,208 | 8,450 | 10,545 | 5.0% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from the UK in 2022:
- United States (45.6K units)
- China (13.4K units)
- United Arab Emirates (7.5K units)
- Germany (6.9K units)
- Canada (2.9K units)
- Japan (2.7K units)
- South Korea (2.1K units)
- Saudi Arabia (1.6K units)
- Russia (0.1K units)
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the UK
In 2022, overseas purchases of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs increased by 7.3% to 12K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a deep slump. Imports peaked at 15K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs rose rapidly to $1.3B in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 253 | 367 | 445 | 454 | 21.5% |
| Italy | 518 | 445 | 454 | 346 | -12.6% |
| Slovakia | N/A | N/A | 22.5 | 174 | 673.3% |
| United States | 56.4 | 23.1 | 40.5 | 130 | 32.1% |
| Austria | N/A | N/A | 0.2 | 68.3 | 34050.0% |
| Japan | 28.7 | 20.9 | 23.9 | 16.9 | -16.2% |
| South Korea | 9.1 | 5.4 | 5.5 | 5.7 | -14.4% |
| Belgium | 220 | 121 | 83.6 | 0.4 | -87.8% |
| Others | 18.2 | 91.0 | 23.9 | 58.8 | 47.8% |
| Total | 1,102 | 1,074 | 1,099 | 1,254 | 4.4% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to the UK in 2022:
- Germany (3.6K units)
- United States (2.4K units)
- Slovakia (1.9K units)
- Japan (1.3K units)
- Italy (1.1K units)
- Austria (0.7K units)
- South Korea (0.2K units)
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