Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Estonia - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Estonia (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Estonia (FOB) - 2023
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Estonia
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Estonia
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Estonia (CIF) - 2022
In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $18,172 per unit, rising by 9.9% against the previous year. Overall, the import price showed a resilient expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 55%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($28,189 per unit), while the price for China ($1,750 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+24.1%), 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 Estonia (FOB) - 2023
The average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $21,538 per unit in October 2023, with a decrease of -5.4% against the previous month. In general, export price indicated a pronounced increase from October 2022 to October 2023: its price increased at an average monthly rate of +3.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs increased by +5.6% against July 2023 indices. The pace of growth appeared the most rapid in January 2023 an increase of 72% month-to-month. Over the period under review, the average export prices attained the peak figure at $24,020 per unit in April 2023; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Poland ($134K per unit), while the average price for exports to Germany ($6,874 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+14.9%), 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 Estonia
In 2022, approx. 4.1K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs were imported into Estonia; declining by -7% compared with 2021 figures. In general, imports showed a mild decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of 4.4K units, and then fell in the following year.
In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs rose modestly to $75M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +65.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 62%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 13.9 | 17.7 | 19.0 | 27.8 | 26.0% |
| Germany | 10.4 | 6.0 | 11.7 | 10.6 | 0.6% |
| Latvia | N/A | 2.3 | 13.0 | 10.2 | 110.6% |
| Poland | 20.6 | 11.7 | 12.0 | 9.0 | -24.1% |
| Finland | 0.3 | 1.6 | 7.4 | 3.5 | 126.8% |
| Slovakia | 0.4 | 2.1 | 0.3 | 3.1 | 97.9% |
| China | 0.5 | 0.5 | 0.8 | 0.7 | 11.9% |
| Others | 6.3 | 3.4 | 9.1 | 10.0 | 16.7% |
| Total | 52.5 | 45.3 | 73.3 | 74.9 | 12.6% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Estonia in 2022:
- Czech Republic (1459.0 units)
- Poland (617.0 units)
- Latvia (470.0 units)
- China (428.0 units)
- Germany (376.0 units)
- Slovakia (226.0 units)
- Finland (186.0 units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Estonia
In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs exported from Estonia stood at 2.2K units, picking up by 3.6% compared with the previous year's figure. Overall, exports, however, continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 4.9%. Over the period under review, the exports of attained the maximum at 2.4K 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 not exceeding 1000ccs rose notably to $35M in 2022. The total export value increased at an average annual rate of +10.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 25%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 6.5 | 7.7 | 11.1 | 15.9 | 34.7% |
| Lithuania | 1.7 | 2.7 | 4.4 | 6.5 | 56.4% |
| Poland | N/A | 0.1 | 0.1 | 5.8 | 661.6% |
| France | 2.2 | 0.5 | 2.2 | 2.1 | -1.5% |
| Belgium | 14.0 | 12.9 | 10.2 | 2.0 | -47.7% |
| Finland | 0.1 | 0.4 | 2.6 | 1.2 | 128.9% |
| Russia | 1.2 | N/A | N/A | 0.3 | -37.0% |
| Others | 0.7 | 0.7 | 0.8 | 1.6 | 31.7% |
| Total | 26.6 | 25.0 | 31.3 | 35.4 | 10.0% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Estonia in 2022:
- Latvia (914.0 units)
- Poland (642.0 units)
- Lithuania (279.0 units)
- France (95.0 units)
- Belgium (88.0 units)
- Finland (85.0 units)
- Russia (13.0 units)
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