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

Contents:

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

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

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $12,570 per unit in 2022, with an increase of 30% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs increased by +71.9% against 2020 indices. The growth pace was the most rapid in 2015 when the average import price increased by 64%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($12,590 per unit) and India ($12,580 per unit), while the price for Germany ($12,481 per unit) and Romania ($12,524 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+35.5%), 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 Egypt (FOB) - 2022

The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $12,351 per unit in 2022, reducing by -8.9% against the previous year. Overall, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 350%. Over the period under review, the average export prices hit record highs at $13,556 per unit in 2021, and then contracted in the following year.

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 Sudan ($12,784 per unit), while the average price for exports to Malta ($68 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 Sudan (+23.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

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 -75.7% to 2.7K units. Overall, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of 11K units, and then contracted remarkably in the following year.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs fell notably to $34M in 2022. In general, imports showed a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. As a result, imports attained the peak of $108M, and then declined significantly in the following year.

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

1. India (1427.0 units)
2. Spain (550.0 units)
3. United Kingdom (487.0 units)
4. Romania (94.0 units)
5. China (57.0 units)
6. Germany (8.0 units)

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

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs exported from Egypt soared to 39 units, increasing by 225% against 2021 figures. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 300% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs skyrocketed to $482K in 2022. In general, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 792%. The exports peaked in 2022 and are likely to continue growth in years to come.

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

1. Sudan (36.0 units)
2. Japan (2.0 units)
3. Malta (1.0 units)

Source: IndexBox Market Intelligence Platform