Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Colombia - 2022

Contents:

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

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Colombia (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 $35,485 per unit, rising by 134% against the previous year. Over the period under review, the import price saw a notable increase. Over the period under review, average import prices reached the maximum at $65,613 per unit in 2015; however, from 2016 to 2022, 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 United States ($103,757 per unit), while the price for China ($9,159 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.0%), 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) for Marine Propulsion in Colombia (FOB) - 2022

In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $57 per unit, falling by -99.8% against the previous year. In general, the export price recorded a significant decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 628% against the previous year. The export price peaked at $25,512 per unit in 2021, and then declined remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Peru.

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +207.3% per year.

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

In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion into Colombia surged to 39 units, with an increase of 95% against the previous year's figure. Over the period under review, imports, however, continue to indicate a perceptible descent. Imports peaked at 47 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion surged to $1.4M in 2022. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany34.29.630.4666169.0%
United States30018050.051920.0%
China45.786.911.812841.0%
South Korea17810.18.861.3-29.9%
Japan27287.416.99.2-67.7%
Spain16.016.610.9N/A-17.5%
Panama89.612955.8N/A-21.1%
Chile26.518.38.0N/A-45.1%
Sweden17084.626.6N/A-60.4%
United Kingdom53.170.231.8N/A-22.6%
PhilippinesN/A19.6N/AN/A0%
Mexico55.235.314.3N/A-49.1%
Brazil2.01.10.4N/A-55.3%
Others12511337.8N/A-45.0%
Total1,3698623031,3840.4%

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

  1. Germany (17.0 units)
  2. China (14.0 units)
  3. United States (5.0 units)
  4. South Korea (2.0 units)
  5. Japan (1.0 units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion, when their volume decreased by -66.7% to 4 units. Over the period under review, exports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 43%. The exports peaked at 12 units in 2021, and then shrank dramatically in the following year.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion reduced dramatically to $229 in 2022. Overall, exports saw a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 247%. As a result, the exports attained the peak of $306K, and then declined markedly in the following year.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru5.37.28.80.2-66.5%
Ecuador7.611.632.0N/A105.2%
Venezuela2.43.810.8N/A112.1%
Dominican RepublicN/AN/AN/AN/A0%
Chile31.250.2147N/A117.1%
ArubaN/A0.8N/AN/A0%
United States3.08.796.6N/A467.5%
Panama2.74.310.6N/A98.1%
Italy2.71.50.6N/A-52.9%
OthersN/AN/AN/AN/A0%
Total55.088.13060.2-84.6%

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion from Colombia in 2022:

  1. Peru (4.0 units)

Source: IndexBox Market Intelligence Platform

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