Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Denmark - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Denmark (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Denmark (FOB) - 2023
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Denmark
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Denmark
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Denmark (CIF) - 2022
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $9,421 per unit in 2022, growing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The import price peaked at $10,671 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($12,828 per unit), while the price for Sweden ($6,948 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+4.8%), 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 Not Exceeding 1000cc in Denmark (FOB) - 2023
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $10,452 per unit in October 2023, with a decrease of -1.7% against the previous month. Overall, the export price, however, posted a tangible increase. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 97% month-to-month. As a result, the export price attained the peak level of $19,719 per unit; afterwards, it flattened through to October 2023.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Faroe Islands ($35,628 per unit), while the average price for exports to France ($2,877 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+5.3%), 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 Not Exceeding 1000cc in Denmark
In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs imported into Denmark surged to 43K units, with an increase of 23% on the year before. In general, imports recorded a relatively flat trend pattern. 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 not exceeding 1000ccs surged to $403M in 2022. Overall, imports, however, showed a slight decrease. Over the period under review, imports of hit record highs at $421M 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 Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 95.7 | 69.8 | 70.7 | 157 | 17.9% |
| Sweden | 48.1 | 30.3 | 49.1 | 57.4 | 6.1% |
| Turkey | 26.2 | 34.3 | 48.8 | 56.2 | 29.0% |
| Czech Republic | 4.9 | 15.4 | 23.0 | 52.5 | 120.5% |
| Spain | N/A | N/A | N/A | 23.3 | 0% |
| Belgium | 28.4 | 16.2 | 15.3 | 21.9 | -8.3% |
| South Korea | 52.2 | 24.7 | 24.6 | 15.1 | -33.9% |
| France | 128 | 79.6 | 30.8 | 1.9 | -75.4% |
| Others | 37.9 | 24.0 | 22.1 | 17.4 | -22.9% |
| Total | 421 | 294 | 284 | 403 | -1.4% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Denmark in 2022:
- Germany (14.8K units)
- Sweden (8.3K units)
- Turkey (5.7K units)
- Czech Republic (4.4K units)
- Belgium (2.4K units)
- Spain (1.8K units)
- South Korea (1.4K units)
- France (0.4K units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Denmark
For the fourth year in a row, Denmark recorded growth in overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs, which increased by 98% to 13K units in 2022. Over the period under review, exports continue to indicate significant growth. 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 soared to $106M in 2022. The total export value increased at an average annual rate of +12.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 33.9 | 36.1 | 28.8 | 44.9 | 9.8% |
| Faroe Islands | 25.7 | 36.9 | 39.6 | 42.1 | 17.9% |
| France | 8.0 | 2.9 | 1.2 | 5.3 | -12.8% |
| Belgium | 1.2 | 1.7 | 0.6 | 3.1 | 37.2% |
| Iceland | 1.2 | 1.3 | 2.5 | 2.8 | 32.6% |
| Sweden | 0.6 | N/A | N/A | 2.8 | 67.1% |
| Netherlands | 0.4 | 0.8 | 0.2 | 1.1 | 40.1% |
| Portugal | N/A | N/A | N/A | 0.3 | 0% |
| Others | 2.8 | 4.4 | 5.3 | 3.7 | 9.7% |
| Total | 73.7 | 84.0 | 78.4 | 106 | 12.9% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Denmark in 2022:
- Germany (8.4K units)
- Faroe Islands (1.5K units)
- France (0.9K units)
- Portugal (0.5K units)
- Belgium (0.5K units)
- Sweden (0.4K units)
- Netherlands (0.3K units)
- Iceland (0.2K units)
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