Price for Reciprocating or Rotary Internal Combustion Piston Engines in Canada - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Canada (CIF) - 2024
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Canada (FOB) - 2024
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Canada
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Canada
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Canada (CIF) - 2024
The average import price for reciprocating or rotary internal combustion piston engineses stood at $3,098 per unit in January 2024, reducing by -2.3% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 8.4% m-o-m. The import price peaked at $3,192 per unit in April 2023; afterwards, it flattened through to January 2024.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Japan ($5,060 per unit), while the price for China ($413 per unit) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Thailand (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Canada (FOB) - 2024
In January 2024, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $3,221 per unit, therefore, remained relatively stable against the previous month. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 12% m-o-m. As a result, the export price reached the peak level of $3,441 per unit; afterwards, it flattened through to January 2024.
As there is only one major export destination, the average price level is determined by prices for the United States.
From February 2023 to January 2024, the rate of growth in terms of prices for the United States amounted to +0.1% per month.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Canada
In 2022, overseas purchases of reciprocating or rotary internal combustion piston engineses were finally on the rise to reach 1.4M units after two years of decline. Overall, imports, however, continue to indicate a drastic downturn. Imports peaked at 1.9M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of reciprocating or rotary internal combustion piston engineses stood at $3.7B in 2022. In general, imports, however, saw a abrupt descent. Imports peaked at $4.6B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,456 | 2,951 | 2,699 | 2,735 | -7.5% |
| Mexico | 417 | 310 | 269 | 286 | -11.8% |
| Spain | 406 | 251 | 214 | 244 | -15.6% |
| Japan | 148 | 118 | 163 | 233 | 16.3% |
| China | 30.0 | 25.3 | 37.0 | 41.0 | 11.0% |
| Thailand | 22.0 | 13.9 | 24.8 | 37.7 | 19.7% |
| Others | 92.7 | 81.1 | 85.2 | 121 | 9.3% |
| Total | 4,572 | 3,751 | 3,492 | 3,699 | -6.8% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Canada in 2022:
- United States (841.2K units)
- Thailand (132.9K units)
- Spain (117.5K units)
- Mexico (97.7K units)
- China (89.1K units)
- Japan (72.0K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Canada
Exports of reciprocating or rotary internal combustion piston engineses from Canada reduced to 743K units in 2022, approximately reflecting 2021 figures. Overall, exports saw a abrupt setback. The exports peaked at 890K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of reciprocating or rotary internal combustion piston engineses expanded notably to $2.3B in 2022. Over the period under review, exports showed a mild setback. The exports peaked at $2.4B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Canada (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.4 | 2.0 | 2.0 | 2.3 | -1.4% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 2.4 | 2.1 | 2.1 | 2.3 | -1.4% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Canada in 2022:
- United States (732.2K units)
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