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

Contents:

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

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

In October 2023, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $16,126 per unit, shrinking by -3.6% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in April 2023 when the average export price increased by 18% month-to-month. The export price peaked at $16,734 per unit in September 2023, and then fell modestly in the following month.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the Netherlands ($19,281 per unit), while the average price for exports to Sweden ($12,775 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 Slovakia (+3.9%), 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 the Czech Republic (CIF) - 2022

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $10,269 per unit, shrinking by -7.3% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average import price increased by 19% against the previous year. Over the period under review, average import prices hit record highs at $11,074 per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($17,331 per unit), while the price for China ($1,364 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+15.4%), 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 the Czech Republic

For the third year in a row, the Czech Republic recorded decline in shipments abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs, which decreased by -7.7% to 326K units in 2022. Overall, exports continue to indicate a deep reduction. The smallest decline of -6.8% was in 2021. The exports peaked at 475K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs reduced to $4.3B in 2022. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 3.5% against the previous year. The exports peaked at $5B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2169881,043905-9.4%
France682554528486-10.7%
Italy3644314024396.4%
United Kingdom372369311358-1.3%
Belgium19721640035621.8%
Poland341319292286-5.7%
Spain408196202215-19.2%
Austria146140157144-0.5%
Turkey2.382.2178127280.8%
Slovakia128126119113-4.1%
Sweden123116102111-3.4%
Netherlands288190182109-27.7%
Israel31.879.640.577.034.3%
Others713630636558-7.8%
Total5,0124,4364,5914,284-5.1%

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

  1. Germany (65.8K units)
  2. France (36.5K units)
  3. Italy (35.0K units)
  4. Belgium (27.1K units)
  5. Poland (25.7K units)
  6. United Kingdom (22.1K units)
  7. Spain (16.9K units)
  8. Slovakia (12.1K units)
  9. Austria (10.3K units)
  10. Turkey (9.8K units)
  11. Sweden (8.9K units)
  12. Netherlands (6.9K units)
  13. Israel (6.2K units)

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

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs imported into the Czech Republic rose sharply to 36K units, picking up by 6.4% against the previous year's figure. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs reduced slightly to $372M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 43%. As a result, imports attained the peak of $377M, and then reduced modestly in the following year.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18.591.614013794.9%
France12.129.158.953.363.9%
Spain83.328.978.848.0-16.8%
Romania25.926.26.127.11.5%
Slovakia12.120.516.624.927.2%
Turkey24.312.312.015.9-13.2%
South Korea11.715.614.413.03.6%
Hungary2.09.211.812.584.2%
Poland5.26.216.110.325.6%
BelgiumN/A5.87.67.614.5%
China3.32.86.56.827.3%
Italy8.50.40.52.7-31.8%
Austria2.51.10.62.2-4.2%
Others10713.37.210.5-53.9%
Total3162633773725.6%

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

  1. Germany (11.2K units)
  2. France (5.3K units)
  3. China (5.0K units)
  4. Spain (3.3K units)
  5. Romania (2.6K units)
  6. Turkey (1.4K units)
  7. Slovakia (1.4K units)
  8. South Korea (1.1K units)
  9. Hungary (0.8K units)
  10. Austria (0.8K units)
  11. Italy (0.7K units)
  12. Poland (0.7K units)
  13. Belgium (0.6K units)

Source: IndexBox Market Intelligence Platform

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