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

Contents:

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

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

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $11,038 per unit in December 2023, therefore, remained relatively stable against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 11% against the previous month. As a result, the export price attained the peak level of $11,496 per unit; afterwards, it flattened through to December 2023.

Average prices varied somewhat for the major export markets. In December 2023, the highest price was recorded for prices to Germany ($12,804 per unit) and Turkey ($12,489 per unit), while the average price for exports to Mexico ($9,142 per unit) and Slovenia ($11,997 per unit) were amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.5%), 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 China (CIF) - 2022

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $14,745 per unit, falling by -34.4% against the previous year. Over the period under review, the import price, however, posted a perceptible increase. The growth pace was the most rapid in 2020 an increase of 41%. The import price peaked at $22,475 per unit in 2021, and then dropped significantly in the following year.

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 ($36,330 per unit), while the price for Iran ($11,755 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+8.9%), 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 China

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs exported from China skyrocketed to 30K units, with an increase of 113% compared with 2021 figures. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs surged to $330M in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico0.1N/A0.1114944.6%
United Kingdom27.528.039.874.039.1%
SpainN/AN/AN/A39.10%
UzbekistanN/A3.556.832.9206.6%
BelgiumN/AN/A7.827.0246.2%
SloveniaN/AN/AN/A14.40%
Tunisia2.52.94.512.671.5%
Saudi ArabiaN/A20.515.30.7-81.5%
Pakistan1.12.13.30.7-14.0%
Italy4.9N/A0.60.4-56.6%
Sri Lanka9.81.90.4N/A-79.8%
Israel15.5N/AN/AN/A0%
Australia34.712.012.0N/A-41.2%
Others20.89.511.613.7-13.0%
Total11780.415233041.3%

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

  1. Mexico (11.3K units)
  2. United Kingdom (6.2K units)
  3. Spain (3.5K units)
  4. Uzbekistan (2.7K units)
  5. Belgium (2.4K units)
  6. Tunisia (1.4K units)
  7. Slovenia (1.2K units)
  8. Saudi Arabia (0.1K units)
  9. Pakistan (0.1K units)

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

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs imported into China shrank markedly to 9 units, dropping by -18.2% on 2021 figures. Overall, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Imports peaked at 6.1K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs dropped remarkably to $133K in 2022. In general, imports saw a precipitous contraction. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. Imports peaked at $71M 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 China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan0.10.10.10.10.0%
GermanyN/AN/A0.1N/A0%
Slovenia8.5N/AN/AN/A0%
France62.2N/AN/AN/A0%
IranN/AN/AN/AN/A0%
Others0.2N/A0.1N/A-29.3%
Total71.10.10.20.1-88.8%

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

  1. Japan (6.0 units)
  2. Iran (2.0 units)
  3. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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