- 1.05% Quarterly increase on IMUVI of Fourth Quarter 2021.
- 0.03% Annual decrease on IMUVI of Fourth Quarter compared with counterpart in 2020.
The Planning and Statistics Authority (PSA) has released the Quarterly Import Unit Value Index (IMVUI) for the Fourth Quarter of 2021 based on 2013. The IMVUI of Fourth Quarter reached to 102.81 points showing an increase by 1.05% when compared to Third quarter-2021. Compared to counterpart in 2020 (Q4-2020), [Y-o-Y basis], a decrease of 0.03% 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 Q4 of 2021 with the previous Quarter(Q3-2021):
An analysis [on Q-o-Q basis] of IMUVI for Q4- 2021 compared with IMUVI, Q3-2021, showed that there were five main groups, where respective indices in this month have increased, namely: “Mineral fuels, lubricants and related materials” by 4.02%, followed by “Machinery and transport equipment” by 2.18%, “Beverages and Tobacco” by 1.93%, “Miscellaneous manufactured articles” by 1.31%, and “Manufactured goods classified chiefly by material” by 0.35%. A decrease has been recorded in: “Crude materials, inedible, except fuels” by 2.51%, “Food and live animals” by 0.81, and “Chemicals and related products” by 0.52%. No change is noticed in “Animal and vegetable oils, fats and waxes”, and “Commodities and transactions not classified elsewhere in SITC”.
Comparing Q4 of 2021 with the counterpart in previous year (Q4-2021):
A comparison of IMUVI Q4-2021 with the IMVUI Q4-2020 (Annual Change), a decrease has been recorded in the general index (IMUVI), by 0.03%. This [Y-o-Y] value decreases primary due to the unite value falling in seventh groups namely: “Commodities and transactions not classified elsewhere in SITC” by 3.83%, followed by “Food and live animals” by 3.73%, Manufactured goods classified chiefly by material” by 3.34%, “Crude materials, inedible, except fuels” by 2.12%, “Chemicals and related products, N.E.C” by 1.24%, “Animal and vegetable oils, fats and waxes” by 1.00%, and “Miscellaneous manufactured articles” by 0.42%. An increase has been shown in three groups namely: “Machinery and transport equipment” by 2.41%, followed by “Mineral fuels, lubricants and related materials” by 2.22%, and “Beverages and Tobacco” by 0.3%.
