Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Canada - 2023
Contents:
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Canada (CIF) - 2022
- Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Canada (FOB) - 2022
- Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Canada
- Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Canada
Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Canada (CIF) - 2022
The average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs stood at $4,828 per unit in 2022, waning by -6.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2013 when the average import price increased by 48% against the previous year. The import price peaked at $6,060 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($9,182 per unit), while the price for Vietnam ($1,046 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), 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 Canada (FOB) - 2022
In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs amounted to $5,564 per unit, declining by -8.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2014 an increase of 12% against the previous year. Over the period under review, the average export prices reached the maximum at $6,342 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5,685 per unit), while the average price for exports to Brazil ($1,393 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 Mexico (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Canada
Imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs into Canada surged to 153K units in 2022, rising by 26% against 2021 figures. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 63%. Over the period under review, imports of attained the maximum 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 soared to $740M in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 62% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 212 | 215 | 334 | 357 | 19.0% |
| Mexico | 116 | 124 | 191 | 198 | 19.5% |
| China | 18.1 | 19.8 | 66.9 | 120 | 87.9% |
| Taiwan (Chinese) | 10.5 | 12.6 | 24.1 | 53.3 | 71.9% |
| Vietnam | 3.1 | 3.1 | 5.1 | 6.1 | 25.3% |
| Others | 18.8 | 13.2 | 7.6 | 5.3 | -34.4% |
| Total | 378 | 388 | 629 | 740 | 25.1% |
Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc to Canada in 2022:
- China (62.5K units)
- United States (47.5K units)
- Mexico (21.6K units)
- Taiwan (Chinese) (15.1K units)
- Vietnam (5.9K units)
Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Canada
In 2022, the amount of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs exported from Canada surged to 13K units, growing by 61% on 2021. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccs surged to $70M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.6 | 20.1 | 33.3 | 59.0 | 39.8% |
| Australia | 0.3 | 0.5 | 0.9 | 1.3 | 63.0% |
| Mexico | 0.6 | 0.6 | 0.4 | 0.8 | 10.1% |
| Belgium | 0.6 | 0.8 | 0.6 | 0.8 | 10.1% |
| Finland | 0.4 | 0.9 | 0.2 | 0.5 | 7.7% |
| Brazil | 0.1 | 0.1 | 0.4 | 0.3 | 44.2% |
| Nigeria | 0.9 | 0.4 | N/A | N/A | -55.6% |
| Others | 6.0 | 9.6 | 11.7 | 7.1 | 5.8% |
| Total | 30.6 | 33.1 | 47.5 | 69.8 | 31.6% |
Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Not Exceeding 1000cc from Canada in 2022:
- United States (10.4K units)
- Mexico (0.3K units)
- Belgium (0.3K units)
- Brazil (0.2K units)
- Australia (0.2K units)
- Finland (0.2K units)
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