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

Contents:

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

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Estonia (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 $33,137 per unit, which is down by -19.2% against the previous year. In general, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 29% against the previous year. The import price peaked at $59,856 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($209,964 per unit), while the price for the Netherlands ($8,915 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $25,949 per unit in 2022, rising by 144% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2020 an increase of 155% against the previous year. The export price peaked at $56,986 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($98,266 per unit), while the average price for exports to Ukraine ($3,093 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 Lithuania (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Estonia recorded growth in supplies from abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion, which increased by 16% to 129 units in 2022. The total import volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion fell to $4.3M in 2022. In general, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 6.2%. Imports peaked at $5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. Sweden (108.0 units)
2. Finland (14.0 units)
3. Netherlands (4.0 units)
4. Germany (2.0 units)

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

In 2022, approx. 12 units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion were exported from Estonia; with a decrease of -88.8% compared with 2021 figures. Over the period under review, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 245%. Over the period under review, the exports of attained the peak figure at 118 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion dropped markedly to $311K in 2022. In general, exports showed a precipitous setback. The smallest decline of -31.1% was in 2021. Over the period under review, the exports of attained the maximum at $2.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Ukraine (6.0 units)
2. Sweden (3.0 units)
3. Latvia (2.0 units)
4. Lithuania (1.0 units)

Source: IndexBox Market Intelligence Platform