Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Serbia - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Serbia (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Serbia (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Serbia
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Serbia
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Serbia (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $3,291 per unit, falling by -20.4% against the previous year. Overall, the import price saw a abrupt setback. The growth pace was the most rapid in 2014 an increase of 22% against the previous year. Over the period under review, average import prices attained the maximum at $9,265 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 Turkey ($11,437 per unit), while the price for China ($890 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.2%), 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 Serbia (FOB) - 2022
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $12,341 per unit in 2022, surging by 21% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs increased by +41.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 34%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($19,024 per unit), while the average price for exports to Germany ($2,737 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 Albania (+94.2%), 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 Serbia
Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Serbia was estimated at 12K units in 2022, surging by 3.4% against 2021 figures. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 115% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs dropped dramatically to $40M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, imports attained the peak of $49M, and then fell rapidly in the following year.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 16.5 | 10.6 | 19.3 | 13.3 | -6.9% |
| Romania | 3.6 | 4.6 | 7.2 | 11.6 | 47.7% |
| China | 1.0 | 0.7 | 5.6 | 6.0 | 81.7% |
| Germany | 1.2 | 1.2 | 2.0 | 2.2 | 22.4% |
| Turkey | 3.2 | 6.4 | 3.9 | 1.6 | -20.6% |
| France | 3.4 | 1.4 | 1.8 | 1.5 | -23.9% |
| Italy | 1.2 | 0.2 | 0.5 | 0.4 | -30.7% |
| Japan | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Others | 2.4 | 6.0 | 7.8 | 2.9 | 6.5% |
| Total | 32.9 | 31.2 | 48.5 | 39.9 | 6.6% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Serbia in 2022:
- China (6.7K units)
- Czech Republic (1.2K units)
- Romania (1.0K units)
- Germany (1.0K units)
- France (0.9K units)
- Japan (0.3K units)
- Italy (0.2K units)
- Turkey (0.1K units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Serbia
Exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs from Serbia reduced notably to 272 units in 2022, waning by -45.3% against 2021. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. As a result, the exports reached the peak of 497 units, and then reduced rapidly in the following year.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs dropped markedly to $3.4M in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 86%. As a result, the exports reached the peak of $5.1M, and then dropped dramatically in the following year.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 1,701 | 1,382 | 1,385 | 1,634 | -1.3% |
| Slovenia | 345 | 64.2 | 0.3 | 780 | 31.2% |
| Bosnia and Herzegovina | 248 | 608 | 692 | 338 | 10.9% |
| Belgium | N/A | 260 | 580 | 296 | 6.7% |
| North Macedonia | 20.1 | 42.4 | 139 | 188 | 110.7% |
| Albania | N/A | N/A | N/A | 48.9 | 0% |
| France | 230 | 321 | 239 | 3.1 | -76.2% |
| Latvia | 1,101 | N/A | N/A | N/A | 0% |
| Italy | 328 | N/A | 1,697 | N/A | 127.5% |
| Others | 214 | 38.3 | 330 | 69.4 | -31.3% |
| Total | 4,187 | 2,716 | 5,064 | 3,357 | -7.1% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Serbia in 2022:
- Montenegro (139.0 units)
- Slovenia (41.0 units)
- North Macedonia (27.0 units)
- Bosnia and Herzegovina (25.0 units)
- Belgium (18.0 units)
- Albania (5.0 units)
- France (1.0 units)
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