Australia - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInternal Combustion Engines Price in Australia - 2023
Contents:
- Internal Combustion Engines Price in Australia (CIF) - 2023
- Internal Combustion Engines Price in Australia (FOB) - 2022
- Internal Combustion Engines Imports in Australia
- Internal Combustion Engines Exports in Australia
Internal Combustion Engines Price in Australia (CIF) - 2023
The average internal combustion engines import price stood at $11,987 per unit in August 2023, reducing by -15.6% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 21% m-o-m. The import price peaked at $16,190 per unit in December 2022; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($24,313 per unit), while the price for South Africa ($1,595 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Internal Combustion Engines Price in Australia (FOB) - 2022
The average internal combustion engines export price stood at $3,819 per unit in 2022, jumping by 18% against the previous year. Over the period under review, the export price saw a tangible expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 125% against the previous year. The export price peaked at $4,303 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Papua New Guinea ($16,348 per unit), while the average price for exports to Malaysia ($327 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.
Internal Combustion Engines Imports in Australia
In 2022, approx. 16K units of motor vehicles compression-ignition internal combustion piston engines were imported into Australia; dropping by -10% on the year before. Over the period under review, total imports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. As a result, imports reached the peak of 18K units, and then fell in the following year.
In value terms, internal combustion engines imports declined to $236M in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of $251M, and then fell in the following year.
| Import of Internal Combustion Engines in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 104 | 78.4 | 96.9 | 102 | -0.6% |
| Sweden | 48.6 | 30.3 | 53.1 | 50.8 | 1.5% |
| Germany | 11.9 | 16.0 | 22.2 | 21.6 | 22.0% |
| Netherlands | 3.6 | 5.8 | 12.8 | 11.4 | 46.8% |
| France | 12.2 | 9.0 | 17.5 | 10.7 | -4.3% |
| United Kingdom | 9.2 | 6.6 | 10.5 | 10.0 | 2.8% |
| Thailand | 5.4 | 1.5 | 7.1 | 6.7 | 7.5% |
| Japan | 5.1 | 5.1 | 7.9 | 6.4 | 7.9% |
| Italy | 3.3 | 5.2 | 4.7 | 3.9 | 5.7% |
| China | 3.2 | 2.4 | 3.9 | 2.7 | -5.5% |
| India | N/A | 0.1 | 0.6 | 1.3 | 260.6% |
| Spain | N/A | 2.1 | 0.1 | 1.1 | -27.6% |
| Others | 11.0 | 12.2 | 13.6 | 7.3 | -12.8% |
| Total | 218 | 175 | 251 | 236 | 2.7% |
Top Suppliers of Internal Combustion Engines to Australia in 2022:
- United States (4.0K units)
- Sweden (2.9K units)
- Thailand (2.2K units)
- United Kingdom (1.1K units)
- Germany (1.1K units)
- Japan (0.9K units)
- France (0.8K units)
- India (0.7K units)
- China (0.6K units)
- Netherlands (0.5K units)
- Italy (0.4K units)
- Spain (0.4K units)
Internal Combustion Engines Exports in Australia
Internal combustion engines exports from Australia declined to 6.4K units in 2022, dropping by -2.9% compared with the previous year's figure. In general, exports faced a deep slump. The growth pace was the most rapid in 2021 when exports increased by 4.1% against the previous year. The exports peaked at 11K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, internal combustion engines exports expanded rapidly to $24M in 2022. Over the period under review, exports showed a deep slump. The exports peaked at $31M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Internal Combustion Engines in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Papua New Guinea | 11.7 | 8.5 | 2.0 | 4.3 | -28.4% |
| United States | 4.8 | 7.0 | 5.8 | 3.2 | -12.6% |
| New Zealand | 2.8 | 1.7 | 3.1 | 2.9 | 1.2% |
| Belgium | 0.7 | 0.8 | 1.8 | 1.7 | 34.4% |
| Indonesia | 1.9 | 2.9 | 1.8 | 1.6 | -5.6% |
| South Africa | 2.4 | 0.2 | 0.2 | 1.2 | -20.6% |
| Germany | 0.5 | 0.5 | 0.6 | 1.2 | 33.9% |
| Chile | N/A | 0.6 | N/A | 0.9 | 22.5% |
| Netherlands | 0.2 | N/A | N/A | 0.2 | 0.0% |
| Egypt | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Malaysia | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Philippines | 1.8 | N/A | N/A | N/A | 0% |
| Others | 4.3 | 4.9 | 5.8 | 6.9 | 17.1% |
| Total | 31.2 | 27.1 | 21.2 | 24.3 | -8.0% |
Top Export Markets for Internal Combustion Engines from Australia in 2022:
- New Zealand (1738.0 units)
- Germany (1248.0 units)
- Belgium (634.0 units)
- Malaysia (521.0 units)
- Indonesia (443.0 units)
- United States (407.0 units)
- Papua New Guinea (261.0 units)
- Chile (220.0 units)
- Netherlands (127.0 units)
- Egypt (113.0 units)
- South Africa (72.0 units)
- Philippines (1.0 units)
This report provides an in-depth analysis of the internal combustion engines market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29101300 - Vehicle compression-ignition internal combustion piston engines (diesel or semi-diesel) (excluding for railway or tramway rolling stock)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for internal combustion engines around the world. Learn about the key statistics and import values of countries like Mexico, Germany, United States, and more. Discover the market insights with IndexBox platform.
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