Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile - 2024
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $8,109 per unit, picking up by 31% against the previous year. Overall, the import price, however, showed a abrupt slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 39% against the previous year. As a result, import price attained the peak level of $22,517 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($18,404 per unit), while the price for Spain ($897 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile (FOB) - 2022
In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $1,787 per unit, which is down by -19.7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 63%. Over the period under review, the average export prices hit record highs at $2,626 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($5,868 per unit), while the average price for exports to the United States ($1,513 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 Peru (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile
In 2022, approx. 22K units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) were imported into Chile; which is down by -6% against 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% 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 +40.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. As a result, imports reached the peak of 24K units, and then reduced in the following year.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) skyrocketed to $179M in 2022. Overall, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.1% 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 +65.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 111 | 68.6 | 83.0 | 97.8 | -4.1% |
| United Kingdom | 11.5 | 9.4 | 26.6 | 40.7 | 52.4% |
| China | 4.1 | 5.2 | 8.1 | 7.5 | 22.3% |
| Japan | 11.1 | 7.5 | 4.2 | 6.3 | -17.2% |
| South Korea | 5.7 | 2.8 | 6.1 | 6.0 | 1.7% |
| Germany | 4.7 | 4.7 | 3.6 | 4.7 | 0.0% |
| Netherlands | 0.7 | 0.5 | 1.1 | 2.1 | 44.2% |
| France | 0.5 | 0.6 | 1.6 | 2.0 | 58.7% |
| Italy | 1.1 | 0.5 | 1.0 | 1.3 | 5.7% |
| Denmark | N/A | N/A | N/A | 0.9 | 0% |
| Spain | 0.3 | 1.5 | 0.9 | 0.8 | 38.7% |
| Others | 8.2 | 7.3 | 9.3 | 9.3 | 4.3% |
| Total | 159 | 108 | 146 | 179 | 4.0% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Chile in 2022:
- United States (5.5K units)
- South Korea (4.3K units)
- China (3.0K units)
- United Kingdom (2.2K units)
- Japan (1.9K units)
- Spain (0.9K units)
- Germany (0.6K units)
- Italy (0.5K units)
- Denmark (0.5K units)
- France (0.5K units)
- Netherlands (0.3K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile
After two years of decline, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) increased by 0.3% to 9.5K units in 2022. Over the period under review, exports, however, saw a deep setback. The exports peaked at 13K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) fell significantly to $17M in 2022. Overall, exports, however, recorded a drastic downturn. The smallest decline of -9.7% was in 2021. Over the period under review, the exports of hit record highs at $31M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.4 | 19.5 | 14.9 | 12.4 | -13.9% |
| Bolivia | 5.0 | 0.9 | 0.7 | 1.2 | -37.9% |
| Peru | 2.3 | 0.2 | 0.4 | 1.1 | -21.8% |
| Spain | 1.6 | N/A | N/A | N/A | 0% |
| Others | 3.1 | 2.6 | 5.0 | 2.1 | -12.2% |
| Total | 31.3 | 23.2 | 21.0 | 16.9 | -18.6% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Chile in 2022:
- United States (8.2K units)
- Bolivia (0.4K units)
- Peru (0.2K units)
- Spain (0.1K units)
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