Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Belgium - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Belgium (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Belgium (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Belgium
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Belgium
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Belgium (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $13,964 per unit, surging by 4.3% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% 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 +36.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 31%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($18,322 per unit), while the price for China ($1,081 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.5%), 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 Belgium (FOB) - 2022
In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $11,672 per unit, declining by -3.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2014 an increase of 18% against the previous year. The export price peaked at $12,060 per unit in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($21,084 per unit), while the average price for exports to Morocco ($9,226 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 France (+10.3%), 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 Not Exceeding 1000cc in Belgium
Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Belgium rose slightly to 165K units in 2022, growing by 3.1% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a mild decrease. The pace of growth appeared the most rapid in 2020 with an increase of 23%. As a result, imports attained the peak of 210K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $2.3B in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 377 | 368 | 516 | 605 | 17.1% |
| Czech Republic | 422 | 409 | 432 | 416 | -0.5% |
| Spain | 394 | 338 | 267 | 290 | -9.7% |
| Germany | 293 | 243 | 256 | 223 | -8.7% |
| Morocco | 2.4 | 11.7 | N/A | 186 | 326.4% |
| Italy | 69.7 | 116 | 81.6 | 92.1 | 9.7% |
| Turkey | 83.2 | 64.5 | 135 | 86.1 | 1.1% |
| Mexico | 22.8 | 56.4 | 62.9 | 79.5 | 51.6% |
| Netherlands | 73.5 | 63.3 | 62.0 | 61.1 | -6.0% |
| South Korea | 87.9 | 75.5 | 65.1 | 54.3 | -14.8% |
| Slovakia | 31.0 | 24.1 | 44.7 | 51.4 | 18.4% |
| Romania | 35.3 | 14.1 | 13.2 | 32.6 | -2.6% |
| China | 0.1 | 4.0 | 9.2 | 7.9 | 329.1% |
| Others | 288 | 360 | 195 | 115 | -26.4% |
| Total | 2,180 | 2,147 | 2,139 | 2,301 | 1.8% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Belgium in 2022:
- France (34.2K units)
- Czech Republic (31.1K units)
- Spain (18.0K units)
- Morocco (16.0K units)
- Germany (12.2K units)
- Italy (8.5K units)
- Turkey (7.5K units)
- Mexico (7.3K units)
- China (7.3K units)
- Netherlands (5.0K units)
- South Korea (4.3K units)
- Slovakia (3.0K units)
- Romania (2.5K units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Belgium
In 2022, overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by -10.4% to 69K units, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27%. As a result, the exports reached the peak of 82K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs dropped to $808M in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 30% against the previous year. Over the period under review, the exports of hit record highs at $931M in 2021, and then fell in the following year.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 67.1 | 281 | 232 | 143 | 28.7% |
| Netherlands | 79.4 | 146 | 135 | 130 | 17.9% |
| United Kingdom | 178 | 155 | 174 | 130 | -9.9% |
| Germany | 91.9 | 104 | 93.5 | 74.6 | -6.7% |
| Luxembourg | 64.1 | 66.3 | 58.5 | 51.8 | -6.9% |
| Portugal | 29.6 | 23.9 | 28.8 | 46.8 | 16.5% |
| Spain | 33.8 | 27.9 | 43.5 | 44.0 | 9.2% |
| Sweden | 13.8 | 8.2 | 9.7 | 25.5 | 22.7% |
| Italy | 58.3 | 25.1 | 27.7 | 19.2 | -30.9% |
| Ireland | 16.8 | 8.6 | 9.5 | 19.0 | 4.2% |
| Morocco | 9.8 | 8.0 | 14.8 | 10.9 | 3.6% |
| Others | 67.4 | 71.6 | 105 | 112 | 18.4% |
| Total | 710 | 925 | 931 | 808 | 4.4% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Belgium in 2022:
- Netherlands (12.3K units)
- United Kingdom (12.0K units)
- France (10.5K units)
- Germany (5.2K units)
- Portugal (4.3K units)
- Spain (4.1K units)
- Luxembourg (3.0K units)
- Ireland (1.8K units)
- Italy (1.4K units)
- Morocco (1.2K units)
- Sweden (1.2K units)
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