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

Contents:

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

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

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $6,683 per unit in 2022, falling by -2.4% against the previous year. Overall, the import price saw a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 5,171% against the previous year. The import price peaked at $48,749 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -14.3% per year.

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

In 2021, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $378 per unit, dropping by -76.4% against the previous year. Over the period under review, the export price showed a sharp shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 45%. Over the period under review, the average export prices attained the peak figure at $10,696 per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($845 per unit), while the average price for exports to Iraq amounted to $145 per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (-0.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion into Hungary surged to 381 units, with an increase of 174% against 2021 figures. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 3,375% against the previous year. 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 skyrocketed to $2.5M in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 25,587%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Italy (375.0 units)
2. Netherlands (1.0 units)

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

In 2021, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion from Hungary fell dramatically to 3 units, shrinking by -25% on 2020. In general, exports continue to indicate a precipitous curtailment. Over the period under review, the exports of hit record highs at 4 units in 2020, and then declined sharply in the following year.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion declined notably to $1.1K in 2021. Over the period under review, exports saw a significant decrease. The exports peaked at $6.4K in 2020, and then fell rapidly in the following year.

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

1. Iraq (2.0 units)
2. Ukraine (1.0 units)

Source: IndexBox Market Intelligence Platform