India - 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 India - 2023
Contents:
- Motor Vehicle Engine Price in India (CIF) - 2022
- Motor Vehicle Engine Price in India (FOB) - 2022
- Motor Vehicle Engine Imports in India
- Motor Vehicle Engine Exports in India
Motor Vehicle Engine Price in India (CIF) - 2022
In 2022, the average motor vehicle engine import price amounted to $22 per unit, with an increase of 9.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2018 an increase of 17%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Slovakia ($24 per unit) and China ($24 per unit), while the price for Japan ($17 per unit) and Germany ($21 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Vehicle Engine Price in India (FOB) - 2022
The average motor vehicle engine export price stood at $33 per unit in 2022, increasing by 14% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motor vehicle engine export price increased by +105.0% against 2016 indices. The pace of growth was the most pronounced in 2021 an increase of 29% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($137 per unit), while the average price for exports to Colombia ($20 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 Bangladesh (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Motor Vehicle Engine Imports in India
In 2022, imports of motor vehicle engines (spark-ignition) into India contracted rapidly to 17M units, falling by -16.7% against the previous year's figure. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs at 28M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, motor vehicle engine imports contracted to $387M in 2022. Over the period under review, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 34%. Over the period under review, imports hit record highs at $487M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Motor Vehicle Engine in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 53.5 | 35.4 | 143 | 117 | 29.8% |
| South Korea | 159 | 62.7 | 57.5 | 75.2 | -22.1% |
| South Africa | 83.2 | 38.3 | 48.1 | 45.6 | -18.2% |
| United States | 66.8 | 52.8 | 35.9 | 41.8 | -14.5% |
| Slovakia | 2.7 | 0.6 | 32.9 | 26.9 | 115.2% |
| Romania | 49.8 | 34.8 | 34.0 | 25.3 | -20.2% |
| Slovenia | 15.1 | 31.8 | 8.6 | 14.9 | -0.4% |
| Italy | 9.8 | 7.4 | 13.3 | 10.9 | 3.6% |
| Germany | 29.9 | 4.2 | 7.2 | 10.1 | -30.4% |
| Singapore | 6.7 | 7.4 | 7.7 | 6.2 | -2.6% |
| Others | 10.3 | 42.1 | 36.3 | 12.6 | 6.9% |
| Total | 487 | 317 | 424 | 387 | -7.4% |
Top Suppliers of Motor Vehicle Engine to India in 2022:
- China (5.0M units)
- South Korea (3.5M units)
- South Africa (2.1M units)
- United States (1.9M units)
- Romania (1.2M units)
- Slovakia (1.1M units)
- Slovenia (0.7M units)
- Italy (0.5M units)
- Germany (0.5M units)
- Singapore (0.3M units)
Motor Vehicle Engine Exports in India
In 2022, approx. 11M units of motor vehicle engines (spark-ignition) were exported from India; picking up by 11% against the previous year. The total export volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, motor vehicle engine exports soared to $350M in 2022. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 42%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Motor Vehicle Engine in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 93.9 | 90.3 | 119 | 131 | 11.7% |
| Bangladesh | 40.9 | 37.1 | 79.0 | 98.3 | 34.0% |
| Egypt | 16.8 | 22.5 | 34.1 | 45.4 | 39.3% |
| Vietnam | 8.7 | 16.7 | 22.3 | 29.7 | 50.6% |
| Colombia | 23.9 | 13.6 | N/A | 17.6 | -9.7% |
| South Korea | 1.6 | 4.5 | 6.7 | 9.6 | 81.7% |
| Ecuador | 2.0 | 0.9 | 4.2 | 6.0 | 44.2% |
| Others | 9.2 | 10.1 | 11.8 | 12.3 | 10.2% |
| Total | 197 | 196 | 277 | 350 | 21.1% |
Top Export Markets for Motor Vehicle Engine from India in 2022:
- Turkey (5.5M units)
- Egypt (1.2M units)
- Vietnam (1.1M units)
- Colombia (0.9M units)
- Bangladesh (0.7M units)
- South Korea (0.4M units)
- Ecuador (0.2M units)
This report provides an in-depth analysis of the motor vehicle engine market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
359
This report provides an in-depth analysis of the motor vehicle engine market in India.
430
This report provides an in-depth analysis of the market for aircraft internal combustion engine in India.
518
This report provides an in-depth analysis of the market for internal combustion engine (excl. diesel, moto vehicle and aircraft) in India.
295
This report provides an in-depth analysis of the outboard boat motors market in India.
1027
This report provides an in-depth analysis of the global motor vehicle engine market.
1568
This report provides an in-depth analysis of the global market for aircraft internal combustion engine.
1088
This report provides an in-depth analysis of the global market for internal combustion engine (excl. diesel, moto vehicle and aircraft).
278
This report provides an in-depth analysis of the global outboard boat motors market.
359
This report provides an in-depth analysis of the motor vehicle engine market in India.
430
This report provides an in-depth analysis of the market for aircraft internal combustion engine in India.
304
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.
1491
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...
779
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...
789
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...
902
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
186
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.
658
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...
1331
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 ...
695
In value terms, parts suitable for use solely exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend p...
