Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Argentina - 2023

Contents:

  1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Argentina (FOB) - 2023
  2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Argentina (CIF) - 2022
  3. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Argentina
  4. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Argentina

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Argentina (FOB) - 2023

In June 2023, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $13,367 per unit, increasing by 1.8% against the previous month. In general, the export price showed a mild expansion. The pace of growth was the most pronounced in March 2023 when the average export price increased by 4.5% m-o-m. Over the period under review, the average export prices attained the maximum at $13,666 per unit in September 2022; afterwards, it flattened through to June 2023.

As there is only one major export destination, the average price level is determined by prices for Brazil.

From June 2022 to June 2023, the rate of growth in terms of prices for Brazil amounted to +1.1% per month.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Argentina (CIF) - 2022

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $11,456 per unit in 2022, increasing by 11% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 45% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($12,580 per unit), while the price for China ($3,034 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.7%), 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 Not Exceeding 1000cc in Argentina

In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs from Argentina soared to 31K units, rising by 384,788% on the year before. Overall, exports saw a significant increase. 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 not exceeding 1000ccs skyrocketed to $404M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/A0.1404403900.0%
OthersN/AN/AN/AN/A0%
TotalN/AN/A0.1404403900.0%

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Argentina in 2022:

  1. Brazil (30.8K units)

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Argentina

In 2022, overseas purchases of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs increased by 24% to 13K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a deep reduction. Imports peaked at 22K 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 not exceeding 1000ccs skyrocketed to $144M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. Imports peaked at $145M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil13612894.1134-0.5%
China2.41.22.54.422.4%
Others5.78.27.95.91.2%
Total145138104144-0.2%

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Argentina in 2022:

  1. Brazil (10.6K units)
  2. China (1.5K units)

Source: IndexBox Market Intelligence Platform

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