- 0.12% Quarterly decrease on IMUVI of Second Quarter 2021.
- 0.24% annual increase on IMUVI of Second quarter compared with counterpart in 2020.
The Planning and Statistics Authority (PSA) has released the Quarterly Import Unit Value Index (IMVUI) for the second quarter of 2021 based on 2013. The IMVUI of second quarter reached to 102.38 points showing a decrease by 0.12% when compared to first quarter-2021. Compared to counterpart in 2020 (Q2-2020), [Y-o-Y basis], an increase of 0.24% has been recorded in the general index (MUVII) of this Quarter. IMUVI contains of ten main groups classified based on Standard International Trade Classification.
Comparing Q2 of 2021 with the previous Quarter(Q1-2021):
An analysis [on Q-o-Q basis] of IMUVI for Q2- 2021 compared with IMUVI, Q1-2021, showed that there were five main groups, where respective indices in this month have decreased, namely: “Crude materials, inedible, except fuels” by 4.80%, followed by “Miscellaneous manufactured articles” by 1.24%, “Manufactured goods classified chiefly by material” by 1.13%, “Chemicals and related products” by 1.10%, and “Commodities and transactions not classified elsewhere in SITC” by 0.15%. An increase has been recorded in: “Mineral fuels, lubricants and related materials” by 2.87%, followed by “Animal and vegetable oils, fats and waxes” by 1.48%, “Machinery and transport equipment” by 1.11%, “Food and live animals” by 0.40%, and “Beverages and Tobacco” by 0.12%.
Comparing Q2 of 2021 with the counterpart in previous year (Q2-2021):
A comparison of IMUVI Q2-2021 with the IMVUI Q2-2020 (Annual Change), an increase has been recorded in the general index (IMUVI), by 0.24%. This [Y-o-Y] unit value increases primary due to the value rising in fourth groups namely: “Miscellaneous manufactured articles” by 1.85%, followed by “Machinery and transport equipment” by 1.48%, “Beverages and “Tobacco” by 0.77%, and “Mineral fuels, lubricants and related materials” by 0.36%. A decrease has been shown in three groups namely: “Crude materials, inedible, except fuels” by 6.94%, followed by “Commodities and transactions not classified elsewhere in SITC” by 5.10%, “Animal and vegetable oils, fats and waxes” by 1.90%, “Chemicals and related products, N.E.C” by 1.48%, “Food and live animals” by 1.08%, and “Manufactured goods classified chiefly by material” by 0.03%.