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

Contents:

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

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

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $3,279 per unit in November 2023, shrinking by -2.5% against the previous month. In general, the export price recorded a mild reduction. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 20% m-o-m. As a result, the export price reached the peak level of $4,046 per unit; afterwards, it flattened through to November 2023.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Mexico ($14,047 per unit), while the average price for exports to the United Arab Emirates ($914 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In November 2023, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $16,768 per unit, remaining stable against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 18% m-o-m. The import price peaked at $18,569 per unit in November 2022; afterwards, it flattened through to November 2023.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($18,534 per unit), while the price for Slovenia ($11,303 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+0.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs exported from Japan shrank to 124K units, waning by -14% compared with the year before. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +6.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. As a result, the exports reached the peak of 145K units, and then declined in the following year.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs fell to $508M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +6.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. As a result, the exports attained the peak of $517M, and then shrank modestly in the following year.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan17.968.0251164109.2%
Russia33.127.642.875.131.4%
United States30.826.639.043.312.0%
Mexico26.020.114.432.77.9%
Vietnam5.97.67.118.446.1%
Kenya18.711.114.118.4-0.5%
Egypt3.814.515.317.767.0%
Philippines1.23.48.28.491.3%
Dominican Republic3.63.03.37.024.8%
Chile3.01.74.06.126.7%
Nigeria1.82.11.51.5-5.9%
Sri Lanka14372.4N/A0.1-91.1%
Others13572.7117115-5.2%
Total4253315175086.1%

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

  1. Pakistan (41.0K units)
  2. Russia (18.1K units)
  3. United States (11.4K units)
  4. Philippines (6.9K units)
  5. Kenya (6.6K units)
  6. Vietnam (5.0K units)
  7. Egypt (4.8K units)
  8. Mexico (2.7K units)
  9. Dominican Republic (2.6K units)
  10. Chile (2.2K units)
  11. Nigeria (1.9K units)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs, when their volume decreased by -18.2% to 22K units. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 19% against the previous year. Over the period under review, imports of hit record highs at 27K units in 2021, and then fell dramatically in the following year.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs reduced notably to $346M in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. Imports peaked at $468M in 2021, and then fell significantly in the following year.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7.8201217129154.8%
South Africa12598.711281.8-13.2%
Germany99.958.387.652.5-19.3%
Slovenia20.023.819.031.115.9%
Poland20.119.411.528.712.6%
Italy7.39.59.010.713.6%
Taiwan (Chinese)1.30.81.91.54.9%
China0.70.70.71.219.7%
Slovakia32.19.90.1N/A-94.4%
United Arab Emirates20.416.80.3N/A-87.9%
Others17.910.08.39.6-18.8%
Total353449468346-0.7%

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

  1. Spain (7.0K units)
  2. South Africa (4.9K units)
  3. Slovenia (2.7K units)
  4. Germany (2.6K units)
  5. Poland (2.0K units)
  6. China (1.1K units)
  7. Taiwan (Chinese) (0.7K units)
  8. Italy (0.6K units)

Source: IndexBox Market Intelligence Platform

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