Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Finland - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Finland (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Finland (FOB) - 2023
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Finland
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Finland
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Finland (CIF) - 2022
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $12,178 per unit in 2022, falling by -5.1% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +10.1% 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 not exceeding 1000ccs decreased by -5.9% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 56% against the previous year. The import price peaked at $12,948 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 ($17,577 per unit), while the price for China ($824 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.8%), 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 Finland (FOB) - 2023
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $14,615 per unit in October 2023, with an increase of 2.9% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 28% m-o-m. Over the period under review, the average export prices reached the peak figure at $16,242 per unit in August 2023; afterwards, it flattened through to October 2023.
Average prices varied somewhat for the major foreign markets. In October 2023, the country with the highest price was Russia ($17,434 per unit), while the average price for exports to Norway totaled $12,359 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+9.9%), 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 Finland
In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs imported into Finland dropped dramatically to 17K units, shrinking by -22.4% against the previous year's figure. Over the period under review, imports continue to indicate a abrupt descent. The smallest decline of -6.1% was in 2021. Imports peaked at 28K 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 not exceeding 1000ccs dropped sharply to $211M in 2022. In general, imports saw a abrupt decline. The smallest decline of -3.4% was in 2021. Over the period under review, imports of reached the peak figure at $363M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 96.0 | 109 | 61.2 | 48.6 | -20.3% |
| Czech Republic | 47.8 | 44.0 | 37.9 | 26.6 | -17.7% |
| South Korea | 29.2 | 28.0 | 35.3 | 20.9 | -10.5% |
| Turkey | 38.5 | 21.6 | 27.8 | 20.3 | -19.2% |
| Poland | 17.5 | 14.2 | 16.3 | 19.3 | 3.3% |
| Slovakia | 6.7 | 9.1 | 18.7 | 17.2 | 36.9% |
| Sweden | 4.3 | 10.5 | 5.8 | 11.6 | 39.2% |
| Mexico | 17.1 | 16.4 | 30.7 | 11.3 | -12.9% |
| Spain | 53.9 | 10.6 | 20.8 | 10.5 | -42.0% |
| France | 19.4 | 21.1 | 24.7 | 9.9 | -20.1% |
| Romania | 8.8 | 0.7 | N/A | 5.6 | -14.0% |
| China | 0.7 | 0.9 | 1.7 | 0.9 | 8.7% |
| Others | 23.4 | 10.0 | 5.2 | 7.8 | -30.7% |
| Total | 363 | 296 | 286 | 211 | -16.5% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Finland in 2022:
- Germany (2.9K units)
- Poland (2.7K units)
- Czech Republic (1.9K units)
- South Korea (1.7K units)
- Turkey (1.5K units)
- Slovakia (1.2K units)
- Sweden (1.1K units)
- China (1.1K units)
- Mexico (0.9K units)
- France (0.7K units)
- Spain (0.6K units)
- Romania (0.4K units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Finland
After three years of growth, overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by -46.3% to 2K units in 2022. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. As a result, the exports attained the peak of 3.8K units, and then reduced markedly in the following year.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs shrank notably to $27M in 2022. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 73%. As a result, the exports reached the peak of $51M, and then dropped notably in the following year.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1.0 | 1.1 | 5.0 | 5.5 | 76.5% |
| Latvia | 1.2 | 2.5 | 4.1 | 5.0 | 60.9% |
| Estonia | 0.7 | 1.8 | 3.8 | 3.1 | 64.2% |
| Belgium | 0.8 | 0.1 | 2.2 | 2.7 | 50.0% |
| Sweden | 1.5 | 1.8 | 2.1 | 2.4 | 17.0% |
| Russia | 7.4 | 12.9 | 30.5 | 2.2 | -33.3% |
| Poland | 0.1 | 0.1 | 0.5 | 1.5 | 146.6% |
| Norway | 3.6 | 2.4 | 0.1 | 1.4 | -27.0% |
| Kazakhstan | N/A | N/A | N/A | 0.7 | 0% |
| Germany | 1.7 | 2.8 | 1.9 | N/A | 5.7% |
| Iceland | 1.2 | 0.9 | N/A | N/A | -25.0% |
| Netherlands | 0.8 | 1.1 | 0.6 | N/A | -13.4% |
| Others | 0.2 | 2.1 | 0.5 | 1.9 | 111.8% |
| Total | 20.3 | 29.7 | 51.5 | 26.5 | 9.3% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Finland in 2022:
- Lithuania (406.0 units)
- Latvia (326.0 units)
- Estonia (214.0 units)
- Belgium (196.0 units)
- Sweden (177.0 units)
- Poland (154.0 units)
- Russia (136.0 units)
- Norway (126.0 units)
- Kazakhstan (115.0 units)
- Netherlands (1.0 units)
- Germany (1.0 units)
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