- 0.44% Quarterly increase on IMUVI of First Quarter 2022
- 0.74% Annual increase on IMUVI of First Quarter 2022 compared with counterpart in 2021
The Planning and Statistics Authority (PSA) has released the Quarterly Import Unit Value Index (IMVUI) for the First Quarter of 2022 based on 2013. The IMVUI of First Quarter reached to 103.26 points showing an increase by 0.44% when compared to Fourth quarter-2021. Compared to counterpart in 2021 (Q1-2021), [Y-o-Y basis], an increase by 0.74% has been recorded in the general index (IMUVII) of this Quarter. IMUVI contains of ten main groups classified based on Standard International Trade Classification.
Comparing Q1 of 2022 with the previous Quarter(Q4-2021):
An analysis [on Q-o-Q basis] of IMUVI for Q1- 2022 compared with IMUVI, Q4-2021, showed that there were five main groups, where respective indices in this month have increased, namely: “Animal and vegetable oils, fats and waxes” by 3.03%, followed by “Chemicals and related products” by 2.14%, “Beverages and Tobacco” by 1.85%, “Food and live animals” by 1.48%, and “Machinery and transport equipment” by 0.84%. A decrease has been recorded in: “Mineral fuels, lubricants and related materials” by 2.7%, “Crude materials, inedible, except fuels” by 1.59%, “Manufactured goods classified chiefly by material” by 0.74%, “Miscellaneous manufactured articles” by 0.37%. No change is noticed in, “Commodities and transactions not classified elsewhere in SITC”.
Comparing Q1 of 2022 with the counterpart in previous year (Q1-2021):
A comparison of IMUVI Q1-2022 with the IMVUI Q1-2021 (Annual Change), an increase has been recorded in the general index (IMUVI), by 0.74%. This [Y-o-Y] value increases primary due to the unite value rising in three groups namely: “Machinery and transport equipment” by 3.64%, followed by “Beverages and Tobacco” by 1.85%, and “Chemicals and related products, N.E.C” by 0.78%. A decrease has been shown in five groups namely: “Crude materials, inedible, except fuels” by 8.67%, followed by “Mineral fuels, lubricants and related materials” by 2.91%, Manufactured goods classified chiefly by material” by 2.56%, “Miscellaneous manufactured articles” by 0.45%, and “Food and live animals” by 0.40%.no change noticed in “Animal and vegetable oils, fats and waxes”, and “Commodities and transactions not classified elsewhere in SITC” .
