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

Contents:

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

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Egypt (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 $17,824 per unit, waning by -23% against the previous year. Overall, the import price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2016 an increase of 197%. The import price peaked at $23,154 per unit in 2021, and then fell markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($29,798 per unit), while the price for Belgium ($1,039 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+35.3%), 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 Egypt (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $349 per unit in 2022, reducing by -96.8% against the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 533% against the previous year. As a result, the export price reached the peak level of $39,452 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($494 per unit), while the average price for exports to Turkey amounted to $203 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.6%).

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

In 2022, approx. 208 units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion were imported into Egypt; with a decrease of -42.2% compared with 2021 figures. Overall, imports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 1.4% against the previous year. Over the period under review, imports of attained the maximum at 614 units in 2019; however, from 2020 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 contracted dramatically to $3.7M in 2022. Over the period under review, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, imports attained the peak of $8.3M, and then reduced remarkably in the following year.

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

1. Belgium (47.0 units)
2. Japan (46.0 units)
3. France (30.0 units)
4. United Kingdom (25.0 units)
5. Netherlands (24.0 units)
6. China (19.0 units)
7. United States (11.0 units)
8. Germany (3.0 units)

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

In 2022, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -80% to 2 units for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a dramatic decline. The smallest decline of -47.4% was in 2020. The exports peaked at 19 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) for marine propulsion shrank sharply to $697 in 2022. Over the period under review, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 47%. Over the period under review, the exports of hit record highs at $107K in 2021, and then declined rapidly in the following year.

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

1. Turkey (1.0 units)
2. Saudi Arabia (1.0 units)

Source: IndexBox Market Intelligence Platform