Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Argentina - 2023

Contents:

  1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Argentina (CIF) - 2022
  2. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Argentina

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Argentina (CIF) - 2022

In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $39,475 per unit, with a decrease of -26.5% against the previous year. Over the period under review, the import price saw a mild slump. The most prominent rate of growth was recorded in 2021 an increase of 48% against the previous year. Over the period under review, average import prices attained the peak figure at $56,664 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($87,561 per unit), while the price for Germany ($20,654 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Argentina

After three years of growth, overseas purchases of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -12.7% to 192 units in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +47.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, imports attained the peak of 220 units, and then shrank in the following year.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion reduced dramatically to $7.6M in 2022. Overall, imports, however, continue to indicate a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, imports reached the peak of $12M, and then fell markedly in the following year.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,1121,7341,7943,29443.6%
Italy4871,0651,9941,40942.5%
Sweden1,3121,2581,3211,309-0.1%
United States1,7303302,378700-26.0%
China38.6336388334105.3%
South Korea37.4N/AN/A16162.7%
Brazil756231560129-44.5%
Germany8743011,42420.7-71.3%
Others1,0201891,948222-39.8%
Total7,3665,44511,8087,5791.0%

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Argentina in 2022:

  1. Japan (61.0 units)
  2. Italy (58.0 units)
  3. Sweden (42.0 units)
  4. China (12.0 units)
  5. United States (8.0 units)
  6. South Korea (4.0 units)
  7. Brazil (3.0 units)
  8. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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