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

Contents:

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

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

The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $23,996 per unit in September 2023, waning by -7.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.8%. The pace of growth appeared the most rapid in November 2022 an increase of 22% m-o-m. Over the period under review, average import prices reached the peak figure at $25,968 per unit in August 2023, and then reduced in the following month.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were Belgium ($27,560 per unit) and Germany ($21,970 per unit), while the price for Spain ($18,656 per unit) and the Czech Republic ($21,830 per unit) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.3%), 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 Luxembourg (FOB) - 2023

In October 2023, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $13,563 per unit, falling by -4.4% against the previous month. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 28% against the previous month. The export price peaked at $20,758 per unit in April 2023; afterwards, it flattened through to October 2023.

As there is only one major export destination, the average price level is determined by prices for Algeria.

From October 2022 to October 2023, the rate of growth in terms of prices for Algeria amounted to +40.6% per month.

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

Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Luxembourg fell to 4.5K units in 2022, which is down by -6.2% against the previous year's figure. Over the period under review, imports showed a deep slump. Imports peaked at 6.5K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs declined to $87M in 2022. Overall, imports recorded a drastic downturn. The smallest decline of -1.4% was in 2021. Imports peaked at $107M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium16.944.643.942.736.2%
Germany14.026.734.229.227.8%
Spain33.87.84.96.6-42.0%
Czech Republic7.87.05.25.3-12.1%
France12.43.51.52.0-45.6%
Netherlands0.20.4N/A1.176.5%
Slovenia8.6N/A0.5N/A-75.9%
Taiwan (Chinese)N/A1.40.4N/A-71.4%
Others13.22.01.40.2-75.3%
Total10793.492.087.2-6.6%

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

  1. Belgium (2186.0 units)
  2. Germany (1458.0 units)
  3. Spain (380.0 units)
  4. Czech Republic (320.0 units)
  5. France (77.0 units)
  6. Netherlands (70.0 units)

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

In 2022, overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs decreased by -14.7% to 1.5K units, falling for the second consecutive year after two years of growth. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 90%. As a result, the exports reached the peak of 2.2K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs reached $21M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.4% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 90% against the previous year. As a result, the exports reached the peak of $24M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Luxembourg (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.912.39.38.118.2%
Belgium5.36.44.16.04.2%
Germany1.62.83.54.237.9%
Netherlands0.51.11.81.853.3%
PolandN/AN/AN/A0.10%
Others0.10.80.81.0115.4%
Total12.423.619.621.119.4%

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

  1. France (522.0 units)
  2. Belgium (392.0 units)
  3. Germany (304.0 units)
  4. Netherlands (96.0 units)
  5. Poland (25.0 units)

Source: IndexBox Market Intelligence Platform

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