Canada - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMotor Vehicle Engine Price in Canada - 2023
Contents:
- Motor Vehicle Engine Price in Canada (CIF) - 2023
- Motor Vehicle Engine Price in Canada (FOB) - 2023
- Motor Vehicle Engine Imports in Canada
- Motor Vehicle Engine Exports in Canada
Motor Vehicle Engine Price in Canada (CIF) - 2023
In June 2023, the average motor vehicle engine import price amounted to $2,946 per unit, falling by -1.8% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 12% month-to-month. The import price peaked at $3,426 per unit in January 2023; afterwards, it flattened through to June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($3,014 per unit), while the price for South Korea ($1,127 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 Spain (+0.7%), while the prices for the other major suppliers experienced a decline.
Motor Vehicle Engine Price in Canada (FOB) - 2023
The average motor vehicle engine export price stood at $3,057 per unit in June 2023, reducing by -3% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average export price increased by 15% m-o-m. As a result, the export price attained the peak level of $3,378 per unit; afterwards, it flattened through to June 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to -0.5% per month.
Motor Vehicle Engine Imports in Canada
In 2022, the amount of motor vehicle engines (spark-ignition) imported into Canada dropped to 143M units, falling by -7% against 2021. Over the period under review, imports saw a abrupt slump. Over the period under review, imports reached the maximum at 240M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, motor vehicle engine imports contracted to $3.1B in 2022. Overall, imports recorded a abrupt decrease. Imports peaked at $4.2B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Motor Vehicle Engine in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,207 | 2,812 | 2,527 | 2,425 | -8.9% |
| Mexico | 416 | 309 | 268 | 282 | -12.2% |
| Spain | 406 | 251 | 214 | 247 | -15.3% |
| Japan | 66.7 | 62.8 | 68.2 | 59.0 | -4.0% |
| Others | 89.3 | 75.6 | 76.4 | 72.9 | -6.5% |
| Total | 4,185 | 3,510 | 3,154 | 3,085 | -9.7% |
Top Suppliers of Motor Vehicle Engine to Canada in 2022:
- United States (111.9M units)
- Mexico (13.0M units)
- Spain (11.6M units)
- Japan (2.7M units)
Motor Vehicle Engine Exports in Canada
After two years of decline, overseas shipments of motor vehicle engines (spark-ignition) increased by 1% to 91M units in 2022. In general, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports attained the peak figure at 131M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, motor vehicle engine exports expanded to $2.1B in 2022. Over the period under review, exports, however, recorded a pronounced descent. Over the period under review, the exports hit record highs at $2.3B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Motor Vehicle Engine in Canada (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.3 | 1.9 | 2.0 | 2.1 | -3.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.3 | 1.9 | 2.0 | 2.1 | -3.0% |
Top Export Markets for Motor Vehicle Engine from Canada in 2022:
- United States (90.4M units)
This report provides an in-depth analysis of the motor vehicle engine 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 29101100 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity . 1 .000 cm.
- Prodcom 29101200 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity > 1 .000 cm.
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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
339
This report provides an in-depth analysis of the motor vehicle engine market in Canada.
464
This report provides an in-depth analysis of the market for aircraft internal combustion engine in Canada.
364
This report provides an in-depth analysis of the market for internal combustion engine (excl. diesel, moto vehicle and aircraft) in Canada.
210
This report provides an in-depth analysis of the outboard boat motors market in Canada.
1026
This report provides an in-depth analysis of the global motor vehicle engine market.
1558
This report provides an in-depth analysis of the global market for aircraft internal combustion engine.
1086
This report provides an in-depth analysis of the global market for internal combustion engine (excl. diesel, moto vehicle and aircraft).
274
This report provides an in-depth analysis of the global outboard boat motors market.
339
This report provides an in-depth analysis of the motor vehicle engine market in Canada.
464
This report provides an in-depth analysis of the market for aircraft internal combustion engine in Canada.
95
From September 2023 to January 2024, the growth of imports for Motor Vehicle Engine remained modest, but saw a significant surge in value to $371M in January 2024.
298
Explore the top 10 import markets for motor vehicle engines based on their import value, including the United States, Germany, Canada, and more. Find key data and statistics on the global trade in motor vehicle engines.
1484
In value terms, motor vehicles, parts and accessories imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tren...
935
In value terms, vehicles, parts and accessories imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some no...
777
In value terms, motor vehicles, parts and accessories exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the...
788
In value terms, vehicles, parts and accessories exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated som...
901
Germany dominates in the global motor vehicle engine trade. In 2014, Germany exported X thousand motor vehicle engines totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its to
181
Discover the world's best import markets for internal combustion engines (excl. diesel, moto vehicle, and aircraft) with key statistics and numbers. Explore the top countries and their import values in 2022.
657
In value terms, parts suitable for use solely imports totaled $X in 2016. In general, parts suitable for use solely imports continue to indicate a relatively flat trend pattern. Over the period unde...
1326
In value terms, engines and motors imports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the ...
