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

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Germany (FOB) - 2023
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Germany (CIF) - 2023
3. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Germany
4. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Germany

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

In December 2023, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $136K per unit, surging by 3.6% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 15% m-o-m. The export price peaked at $141K per unit in September 2023; afterwards, it flattened through to December 2023.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the United Arab Emirates ($265K per unit), while the average price for exports to Poland ($74,369 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+3.3%), 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 Exceeding 3000cc in Germany (CIF) - 2023

In December 2023, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $75,057 per unit, increasing by 4% against the previous month. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 31% m-o-m. The import price peaked at $76,630 per unit in January 2023; afterwards, it flattened through to December 2023.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Italy ($327K per unit), while the price for Canada ($15,773 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.1%), 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 Exceeding 3000cc in Germany

In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Germany reached 89K units, picking up by 9.4% on 2021 figures. Over the period under review, exports, however, showed a noticeable decrease. Over the period under review, the exports of reached the maximum at 102K 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 soared to $10.3B in 2022. The total export value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

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

1. United States (28.0K units)
2. United Kingdom (4.4K units)
3. Poland (3.9K units)
4. Netherlands (3.7K units)
5. China (3.1K units)
6. Canada (2.8K units)
7. South Korea (2.8K units)
8. France (2.7K units)
9. Italy (2.5K units)
10. Switzerland (2.5K units)
11. Japan (2.4K units)
12. Australia (2.0K units)
13. Austria (1.9K units)

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

In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs imported into Germany rose rapidly to 59K units, with an increase of 7.1% on the previous year's figure. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs soared to $4B in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 30%. Imports peaked in 2022 and are likely to continue growth in years to come.

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

1. United States (21.8K units)
2. Slovakia (12.6K units)
3. Austria (4.8K units)
4. United Kingdom (3.3K units)
5. Belgium (3.2K units)
6. Italy (2.8K units)
7. Canada (2.7K units)
8. Japan (2.1K units)
9. Switzerland (1.0K units)

Source: IndexBox Market Intelligence Platform