Which Country Exports the Most Diesel Engines in the World?
Engines And Turbines May 28, 2018
IndexBox has just published a new report "World: Diesel Engines (Other Than For Motor Vehicles And Aircraft) - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.
Global diesel engine imports amounted to 5M tonnes in 2016, shrinking by -2.5% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by 16% year-to-year. Global diesel engine import peaked of 5.4M tonnes in 2007- however, from 2008 to 2016, it failed to regain its strength.
In value terms, diesel engine imports totaled $44B in 2016. In general, diesel engine imports continue to indicate a relatively flat trend pattern. Over the period under review, global diesel engine imports reached its maximum level of $53B in 2011- however, from 2012 to 2016, it failed to regain its strength.
Top Diesel Engine Importing Countries in the World
1. USA (5.5 billion USD)
2. Germany (4.8 billion USD)
3. Mexico (3.8 billion USD)
4. United Kingdom (2.3 billion USD)
5. Turkey (2.3 billion USD)
6. France (1.7 billion USD)
7. Japan (1.2 billion USD)
8. South Korea (1.1 billion USD)
9. Netherlands (0.7 billion USD)
10. Poland (0.6 billion USD)
11. Hungary (0.4 billion USD)
12. Sweden (0.2 billion USD)
Diesel Engine Imports By Country
Japan (520K tonnes), Germany (385K tonnes), France (384K tonnes), the U.S. (369K tonnes), South Korea (258K tonnes), Mexico (242K tonnes), Poland (236K tonnes), the UK (220K tonnes), the Netherlands (187K tonnes), Sweden (173K tonnes), Hungary (161K tonnes), and Turkey (157K tonnes) represented roughly 66% of total imports of diesel engine in 2016.
From 2007 to 2016, the most notable growth rate of diesel engine imports, among the main importing countries, was attained by the Netherlands (+9.5% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($5.5B), Germany ($4.8B) and Mexico ($3.8B) constituted the countries with the highest levels of imports in 2016, together accounting for 32% of global imports.
Mexico (+9.4% per year) experienced the highest growth rate of diesel engine imports, in terms of the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.
Diesel Engine Import Prices By Country
In 2016, the average import price for diesel engine amounted to $8,699 per tonne, flattening at the previous year level. In general, diesel engine import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when import increased by 15% against the previous year level. Over the period under review, average diesel engine import price attained its maximum level of $9,829 per tonne in 2011- however, from 2012 to 2016, it failed to regain its strength.
There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Mexico ($16 per kg), while Sweden ($1,178 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of diesel engine import prices was attained by Mexico (+7.7% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global diesel engine market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- diesel engine market share
- diesel engine prices
- diesel engine industry
- 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).
