- 1.14% Quarterly decrease on IMUVI of Second Quarter 2022.
- 0.29% Annual decrease on IMUVI of Second Quarter 2022 compared with counterpart in 2021.
The Planning and Statistics Authority (PSA) has released the Quarterly Import Unit Value Index (IMVUI) for the Second Quarter of 2022 based on 2013. The IMVUI of Second Quarter reached to 102.09 points showing a decrease by 1.14% when compared to First quarter-2022. Compared to counterpart in 2021 (Q2-2021), [Y-o-Y basis], a decrease by 0.29% 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 Q2 of 2022 with the previous Quarter(Q1-2022):
An analysis [on Q-o-Q basis] of IMUVI for Q2- 2022 compared with IMUVI, Q1-2022, showed that there were Four main groups, where respective indices in this month have decreased, namely: followed by “Machinery and transport equipment” by 3.37%, “Mineral fuels, lubricants and related materials” by 2.67%, “Animal and vegetable oils, fats and waxes” by 1.96%, and “Food and live animals” by 0.41%, An increase has been recorded in: “Beverages and Tobacco” by 2.84%, followed by “Manufactured goods classified chiefly by material” by 2.44%, “Miscellaneous manufactured articles” by 0.58%, “Chemicals and related products” by 0.46%, and “Crude materials, inedible, except fuels” by 0.28%. No change is noticed in, “Commodities and transactions not classified elsewhere in SITC”.
Comparing Q2 of 2022 with the counterpart in previous year (Q2-2021):
A comparison of IMUVI Q2-2022 with the IMVUI Q2-2021 (Annual Change), a decrease has been recorded in the general index (IMUVI), by 0.29%. This [Y-o-Y] value decreases primary due to the unite value drop in Five groups namely: “Mineral fuels, lubricants and related materials” by 8.13%, followed by “Crude materials, inedible, except fuels” by 3.80%, “Animal and vegetable oils, fats and waxes” by 3.40%, “Food and live animals” by 1.19%, and “Machinery and transport equipment” by 0.96%. An increase has been shown in Five groups namely: “Beverages and Tobacco” by 4.61%, followed by “Chemicals and related products, N.E.C” by 2.37%. “Miscellaneous manufactured articles” by 1.40%, “Manufactured goods classified chiefly by material” by 0.96%, and “Commodities and transactions not classified elsewhere in SITC” by 0.15%.
