Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the United Arab Emirates - 2022
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the United Arab Emirates (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the United Arab Emirates (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the United Arab Emirates
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the United Arab Emirates
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the United Arab Emirates (CIF) - 2022
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $52,002 per unit in 2022, picking up by 1.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 16%. The import price peaked in 2022 and is likely to continue growth in years to come.
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 ($226,374 per unit), while the price for Canada ($24,719 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.1%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $55,970 per unit, rising by 40% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 54% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
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 Hong Kong SAR ($80,420 per unit), while the average price for exports to Australia ($15,829 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 Oman (+7.7%), 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 the United Arab Emirates
In 2022, approx. 84K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were imported into the United Arab Emirates; picking up by 8.6% against the previous year's figure. In general, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 12%. Imports peaked at 105K 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 expanded remarkably to $4.3B in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,289 | 1,443 | 1,516 | 1,505 | -13.0% |
| United States | 670 | 424 | 671 | 1,066 | 16.7% |
| United Kingdom | 301 | 163 | 219 | 587 | 24.9% |
| Germany | 257 | 237 | 459 | 412 | 17.0% |
| Oman | 93.8 | 321 | 318 | 89.3 | -1.6% |
| Canada | 63.4 | 56.5 | 64.3 | 57.5 | -3.2% |
| Kuwait | 13.1 | 50.7 | 110 | 27.5 | 28.0% |
| Others | 316 | 392 | 577 | 591 | 23.2% |
| Total | 4,003 | 3,087 | 3,934 | 4,335 | 2.7% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to the United Arab Emirates in 2022:
- Japan (41.6K units)
- United States (26.7K units)
- United Kingdom (3.0K units)
- Canada (2.3K units)
- Germany (1.8K units)
- Kuwait (1.2K units)
- Oman (0.9K units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in the United Arab Emirates
Exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from the United Arab Emirates shrank sharply to 6.7K units in 2022, with a decrease of -16.4% against the previous year's figure. Over the period under review, exports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. As a result, the exports attained the peak of 8K units, and then reduced remarkably in the following year.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs expanded remarkably to $367M in 2022. The total export value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports of reached the maximum 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 United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 149 | 146 | 134 | 129 | -4.7% |
| Nigeria | 18.5 | 22.1 | 15.8 | 66.1 | 52.9% |
| Angola | 21.6 | 12.5 | 26.0 | 62.5 | 42.5% |
| Ghana | 32.4 | N/A | 47.8 | 25.0 | -8.3% |
| Netherlands | 6.1 | 5.0 | 13.9 | 11.4 | 23.2% |
| Hong Kong SAR | 5.8 | 14.4 | 12.4 | 11.1 | 24.2% |
| Germany | 7.0 | 10.2 | 22.2 | 9.8 | 11.9% |
| France | 2.2 | 4.1 | 9.8 | 6.4 | 42.8% |
| Thailand | N/A | 0.5 | 2.7 | 4.9 | 213.0% |
| Georgia | 1.8 | 1.4 | 2.6 | 4.7 | 37.7% |
| Australia | N/A | 0.1 | 0.4 | 4.0 | 532.5% |
| Kyrgyzstan | 0.1 | 0.1 | 0.2 | 3.0 | 210.7% |
| United Kingdom | 3.0 | 3.4 | 2.2 | 2.6 | -4.7% |
| Others | 54.8 | 30.8 | 46.0 | 26.4 | -21.6% |
| Total | 302 | 251 | 336 | 367 | 6.7% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from the United Arab Emirates in 2022:
- Oman (1659.0 units)
- Nigeria (852.0 units)
- Angola (805.0 units)
- Ghana (622.0 units)
- France (404.0 units)
- Netherlands (393.0 units)
- Germany (269.0 units)
- Australia (254.0 units)
- Thailand (177.0 units)
- Kyrgyzstan (156.0 units)
- United Kingdom (146.0 units)
- Hong Kong SAR (138.0 units)
- Georgia (130.0 units)
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