Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ireland - 2023

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ireland (CIF) - 2022
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ireland (FOB) - 2022
3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ireland
4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ireland

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ireland (CIF) - 2022

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $31,001 per unit in 2022, growing by 82% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2016 an increase of 566% against the previous year. Over the period under review, average import prices hit record highs at $55,694 per unit in 2018; however, from 2019 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 Germany ($63,379 per unit), while the price for Japan ($17,004 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced a decline.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ireland (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs stood at $3,360 per unit in 2022, with a decrease of -41% against the previous year. Overall, the export price saw a sharp decrease. The most prominent rate of growth was recorded in 2021 an increase of 812% against the previous year. Over the period under review, the average export prices attained the maximum at $48,894 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($332,448 per unit), while the average price for exports to Equatorial Guinea ($1,197 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 the UK (+25.1%), 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 Exceeding 3000cc in Ireland

In 2022, purchases abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs decreased by -64.3% to 282 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a pronounced increase. The growth pace was the most rapid in 2020 when imports increased by 122%. Over the period under review, imports of hit record highs at 789 units in 2021, and then dropped remarkably in the following year.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs contracted rapidly to $9.3M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year. As a result, imports reached the peak of $15M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Ireland in 2022:

1. United Kingdom (191.0 units)
2. Japan (41.0 units)
3. Germany (32.0 units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Ireland

For the third consecutive year, Ireland recorded decline in shipments abroad of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs, which decreased by -78.4% to 138 units in 2022. In general, exports recorded a sharp shrinkage. The smallest decline of -17.4% was in 2021. Over the period under review, the exports of reached the maximum at 1.6K 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 exceeding 3000ccs fell dramatically to $1.1M in 2022. Over the period under review, exports showed a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 98%. As a result, the exports reached the peak of $3.5M, and then dropped markedly in the following year.

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Ireland in 2022:

1. Nigeria (120.0 units)
2. Equatorial Guinea (4.0 units)
3. Egypt (4.0 units)
4. Tanzania (3.0 units)
5. United Kingdom (2.0 units)

Source: IndexBox Market Intelligence Platform