The Planning and Statistics Authority (PSA) has released the Quarterly Import Unit Value Index (IMVUI) for the fourth quarter of 2022 based on 2013. The IMVUI of fourth quarter reached to 100.16 points showing a decrease by 1.07% when compared to third quarter-2022. Compared to counterpart in 2021 (Q4-2021), [Y-o-Y basis], a decrease by 2.58% has been recorded in the general index (IMUVI) of this quarter. IMUVI contains of ten main groups classified based on Standard International Trade Classification.
Comparing Q4 of 2022 with the previous Quarter(Q3-2022):
An analysis [on Q-o-Q basis] of IMUVI of Q4- 2022 compared with IMUVI, Q3-2022, showed that there were eight main groups, where respective indices in this month have decreased, namely: “Miscellaneous manufactured articles” by 2.53%, “Crude materials, inedible, except fuels” by 1.30%, Chemicals and related products” by 1.28%, “Machinery and transport equipment” by 1.09%, “Food and live animals” by 0.81%, “Beverages and Tobacco” by 0.10%, “Manufactured goods classified chiefly by material” by 0.04%, and “Commodities and transactions not classified elsewhere in SITC” by 0.01%. An increase has been recorded in “Mineral fuels, lubricants and related materials” by 1.32%. No change is noticed in “Animal and vegetable oils, fats and waxes.
Comparing Q4 of 2022 with the counterpart in previous year (Q4-2021):
A comparison of IMUVI Q4-2022 with the IMVUI Q4-2021 (Annual Change), a decrease has been recorded in the general index (IMUVI), by 2.58%. This [Y-o-Y] value decreases primary due to the unite value drop in eight groups namely: “Mineral fuels, lubricants and related materials” by 4.36%, followed by “Machinery and transport equipment” by 3.77%, “Miscellaneous manufactured articles” by 3.42%, “Beverages and Tobacco” by 3.02%, “Manufactured goods classified chiefly by material” by 2.23%, “Food and live animals” by 0.83%, Chemicals and related products” by 0.03%, and “Commodities and transactions not classified elsewhere in SITC” by 0.01%. An increase has been shown in “Crude materials, inedible, except fuels” by 2.52%. No change is noticed in “Animal and vegetable oils, fats and waxes”.
