Which Country Exports the Most Diesel Engines in the World?
Engines And Turbines May 28, 2018
Global diesel engine exports stood at 3.2M tonnes in 2016, waning by -5.2% against the previous year level. In general, diesel engine exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, when exports increased by 35% against the previous year level. Global diesel engine export peaked of 3.4M tonnes in 2011; however, from 2012 to 2016, it failed to regain its strength.
In value terms, diesel engine exports stood at $45B in 2016. In general, diesel engine exports continue to indicate a relatively flat trend pattern. Global diesel engine export peaked of $57B in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.
Top Diesel Engine Exporting Countries in the World
1. Germany (6.0 billion USD)
2. USA (4.8 billion USD)
3. France (4.5 billion USD)
4. Japan (3.3 billion USD)
5. United Kingdom (3.1 billion USD)
6. Austria (2.9 billion USD)
7. Hungary (2.8 billion USD)
8. Italy (2.3 billion USD)
9. Sweden (2.3 billion USD)
10. Poland (2.1 billion USD)
11. Spain (1.9 billion USD)
12. South Korea (1.2 billion USD)
Diesel Engine Exports By Country
France (384K tonnes), the U.S. (316K tonnes), Germany (308K tonnes), Japan (283K tonnes), the UK (220K tonnes), Sweden (169K tonnes), Poland (146K tonnes), Spain (145K tonnes), Hungary (144K tonnes), Italy (140K tonnes), South Korea (136K tonnes), and Austria (131K tonnes) represented roughly 79% of total exports of diesel engine in 2016.
From 2007 to 2016, the most notable growth rate of diesel engine exports, among the main exporting countries, was attained by Italy (+12.2% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the largest diesel engine markets worldwide were Germany ($6B), the U.S. ($4.8B) and France ($4.5B), together comprising 34% of global exports.Japan, the UK, Austria, Hungary, Italy, Sweden, Poland, Spain and South Korea lagged somewhat behind, together accounting for a further 49%.
The UK (+2.1% per year) recorded the highest rates of growth with regard to the diesel engine exports, in terms of the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.
Diesel Engine Export Prices By Country
In 2016, the average export price for diesel engine amounted to $14 per kg, approximately mirroring the previous year level. Overall, diesel engine export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when export increased by 9% y-o-y. Over the period under review, average diesel engine export price attained its maximum level of $17 per kg in 2009; however, from 2010 to 2016, it stood at a somewhat lower level.
There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Austria ($22 per kg), while South Korea ($8,785 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of diesel engine export prices was attained by Japan (+3.8% per year), while the other global leaders experienced more modest paces of growth.
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- diesel engine market share
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- diesel engine sales
- diesel engine import
- diesel engine export
- diesel engine market forecast
- diesel engine price forecast
- key diesel engine producers
All data provided in this article covers the following product: HS Code 8408 - Compression-ignition internal combustion piston engines (diesel or semi-diesel engines).
