Canada - 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 Canada - 2023
Contents:
- Internal Combustion Engines Price in Canada (CIF) - 2023
- Internal Combustion Engines Price in Canada (FOB) - 2022
- Internal Combustion Engines Imports in Canada
- Internal Combustion Engines Exports in Canada
Internal Combustion Engines Price in Canada (CIF) - 2023
The average internal combustion engines import price stood at $11,664 per unit in June 2023, reducing by -4.2% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 20% m-o-m. As a result, import price attained the peak level of $13,200 per unit; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($23,157 per unit), while the price for Italy ($11,119 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Mexico (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Internal Combustion Engines Price in Canada (FOB) - 2022
The average internal combustion engines export price stood at $6,915 per unit in 2022, picking up by 7.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2016 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($12,818 per unit), while the average price for exports to the United States totaled $6,699 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.6%).
Internal Combustion Engines Imports in Canada
In 2022, purchases abroad of motor vehicles compression-ignition internal combustion piston engines was finally on the rise to reach 57K units after two years of decline. Overall, imports, however, saw a relatively flat trend pattern. Imports peaked at 57K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, internal combustion engines imports soared to $633M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Internal Combustion Engines in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 402 | 276 | 308 | 556 | 11.4% |
Mexico | 24.8 | 21.9 | 30.1 | 35.9 | 13.1% |
Italy | 27.8 | 24.4 | 31.0 | 26.5 | -1.6% |
China | 3.6 | 3.5 | 3.4 | 3.3 | -2.9% |
Japan | 31.0 | 4.9 | 1.2 | 1.9 | -60.6% |
United Kingdom | 26.5 | 5.6 | 0.5 | 0.4 | -75.3% |
Others | 5.9 | 9.0 | 7.3 | 8.9 | 14.7% |
Total | 522 | 345 | 381 | 633 | 6.6% |
Top Suppliers of Internal Combustion Engines to Canada in 2022:
- United States (50.8K units)
- Italy (2.6K units)
- Mexico (1.6K units)
- China (1.2K units)
- Japan (0.2K units)
- United Kingdom (0.1K units)
Internal Combustion Engines Exports in Canada
In 2022, approx. 3.1K units of motor vehicles compression-ignition internal combustion piston engines were exported from Canada; picking up by 5% on 2021 figures. The total export volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, internal combustion engines exports rose sharply to $22M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 32%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Internal Combustion Engines in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 13.0 | 13.6 | 17.6 | 19.0 | 13.5% |
Mexico | N/A | 0.1 | 0.2 | 1.0 | 216.2% |
Germany | 0.2 | 0.2 | N/A | N/A | 0.0% |
Others | 1.6 | 0.6 | 1.4 | 1.7 | 2.0% |
Total | 14.8 | 14.5 | 19.2 | 21.7 | 13.6% |
Top Export Markets for Internal Combustion Engines from Canada in 2022:
- United States (2839.0 units)
- Mexico (75.0 units)
- Germany (22.0 units)
This report provides an in-depth analysis of the internal combustion engines market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
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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
This report provides an in-depth analysis of the internal combustion engines market in Canada.
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This report provides an in-depth analysis of the internal combustion engines market in Canada.
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From April 2023 to September 2023, the imports of Internal Combustion Engines experienced a slight decrease, reaching a value of $73M in September 2023.
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.
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
Japan held onto its second place position in the global diesel engine trade. In 2014, Japan exported X thousand tons of diesel engines totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied
From April 2023 to September 2023, the imports of Internal Combustion Engines experienced a slight decrease, reaching a value of $73M in September 2023.
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.
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
Japan held onto its second place position in the global diesel engine trade. In 2014, Japan exported X thousand tons of diesel engines totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied