In December 2022, the import of (private) vehicles was recorded in the amount of 63,137 compared to 29,817 vehicles in December 2021, an increase of 111.7% | The sharp increase in vehicle imports is explained by extremely high imports in December 2022 on the eve of updating the green taxation formula as of January 1, 2023 and the reduction of the purchase tax benefit on the import of electric vehicles
The Tax Authority published the data of durable goods imports for the month of December 2022.
Import of vehicles:
In December 2022, the import of (private) vehicles was recorded in the amount of 63,137 compared to 29,817 vehicles in December 2021, an increase of 111.7%.
Commercial vehicle imports amounted to 2,188 vehicles compared to 1,109 vehicles in December 2021, an increase of 97.3%. The sharp increase in vehicle imports is explained by particularly high imports in December 2022 on the eve of updating the green taxation formula as of January 1, 2023 and the reduction of the purchase tax benefit on the import of electric vehicles.
In the months of January-December 2022, the import of passenger vehicles amounted to 306,087 compared to 261,064 in the same period last year, an increase of 17.2%. Imports of commercial vehicles decreased by 3.0% during this period and reached the volume of – 12,052.
The trend data indicates an increase in the import of passenger vehicles starting in May.
Electrical and electronic products:
In December 2022, compared to December 2021, there was an increase in the import of white electrical goods, except for the import of dishwashers.
Imports of refrigerators, washing machines and tumble dryers increased by 8.5%, 51.5%, 6.3% respectively. Imports of dishwashers, on the other hand, decreased by 40.6%.
Cumulatively, in 2022, a positive trend was recorded in most white electrical products, except for the import of refrigerators. Imports of washing machines, tumble dryers and dishwashers increased by 9.6%, 11.4% and 22.6% respectively. Imports of refrigerators decreased by 6%.
Imports of televisions in December 2022 decreased by 11.9%. In cumulative import data for 2022 compared to 2021, an increase of 4.6% was recorded.
Cigarette imports increased in December 2022 compared to the same period last year by 11.3%. Since the beginning of the year, there has been almost no change in the amount of cigarette imports compared to the corresponding period in 2021.
The import value of other tobacco in December 2022 decreased significantly by 32.5% compared to December 2021. Cumulatively in January – December 2022, other tobacco imports are in a more moderate decrease of 11.6%, and the income from other tobacco imports decreased by 3.6%.
The total value of all imports in December 2022 amounted to $8.6 billion – an increase of 7.3% compared to the value of imports in December 2021. In 2022, the value of imports increased by 18.3% compared to 2021. Trend data indicates a decrease in imports.
Local production quantities of gasoline and diesel were found to increase by 5% and 12.5% respectively in November 2022 compared to November 2021. Cumulatively since the beginning of the year, the amount of gasoline production decreased by 4.4% and the amount of diesel production increased by 4.7%.