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

Contents:

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

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

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $4,037 per unit, declining by -40.3% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of 88% against the previous year. The import price peaked at $7,923 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Italy ($5,155 per unit), while the price for China ($1,274 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.2%), 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 Greece (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $8,383 per unit in 2022, dropping by -43.9% against the previous year. Overall, the export price continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 104% against the previous year. As a result, the export price attained the peak level of $14,950 per unit, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($14,167 per unit), while the average price for exports to Romania ($2,911 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 France (+15.7%), 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 Not Exceeding 1000cc in Greece

In 2022, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Greece skyrocketed to 76K units, rising by 81% on 2021. Overall, imports recorded a significant expansion. 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 stood at $308M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 32%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany83.610794.312414.0%
Turkey30.112.432.641.711.5%
Czech Republic49.236.642.641.1-5.8%
South Korea25.916.928.718.7-10.3%
Italy25.516.828.018.2-10.6%
China2.22.22.76.644.2%
France6.22.74.76.51.6%
Bulgaria1.81.62.33.423.6%
Others27.719.750.047.519.7%
Total2522162863086.9%

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

  1. Germany (26.7K units)
  2. Turkey (11.0K units)
  3. Czech Republic (10.5K units)
  4. China (5.2K units)
  5. South Korea (5.1K units)
  6. Italy (3.5K units)
  7. Bulgaria (2.6K units)
  8. France (2.5K units)

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

In 2022, shipments abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by -47.8% to 145 units, falling for the second year in a row after two years of growth. Overall, exports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 532% against the previous year. As a result, the exports attained the peak of 1.1K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs shrank dramatically to $1.2M in 2022. In general, exports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 945% against the previous year. As a result, the exports reached the peak of $7.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A8.5N/A765848.7%
Romania43.882.613016054.0%
BelgiumN/AN/A1,015124-87.8%
Israel3.62,2852,81982.3183.8%
Bulgaria35.513.39.230.0-5.5%
United States1.7N/A25.724.6143.7%
Albania7.223.412.512.520.2%
Spain243N/AN/AN/A0%
Cyprus4.8236N/AN/A4816.7%
North Macedonia373N/AN/AN/A0%
LithuaniaN/A1,101N/AN/A0%
FranceN/A3,988N/AN/A0%
Others28.70.514417.0-16.0%
Total7417,7394,1561,21618.0%

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

  1. Romania (55.0 units)
  2. Italy (54.0 units)
  3. Belgium (9.0 units)
  4. Israel (8.0 units)
  5. Bulgaria (7.0 units)
  6. United States (5.0 units)
  7. Albania (3.0 units)

Source: IndexBox Market Intelligence Platform

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