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

Contents:

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

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in New Zealand (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 $10,312 per unit, falling by -3.3% against the previous year. Over the period under review, the import price saw a pronounced contraction. The pace of growth was the most pronounced in 2014 an increase of 27% against the previous year. As a result, import price reached the peak level of $15,948 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 Australia ($26,048 per unit), while the price for the UK ($2,995 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 (+4.8%), 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 New Zealand (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $6,117 per unit in 2022, surging by 4.4% against the previous year. Overall, the export price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 38% against the previous year. The export price peaked at $9,538 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was American Samoa ($32,372 per unit), while the average price for exports to Japan ($216 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 American Samoa (+44.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 1.3K units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion were imported into New Zealand; rising by 24% against 2021. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.6% 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 +73.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion skyrocketed to $14M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. United Kingdom (310.0 units)
2. Japan (286.0 units)
3. Italy (264.0 units)
4. Sweden (152.0 units)
5. United States (109.0 units)
6. China (99.0 units)
7. South Korea (41.0 units)
8. Germany (21.0 units)
9. Australia (16.0 units)

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

In 2022, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion from New Zealand reached 61 units, surging by 11% on the previous year. In general, exports showed a temperate increase. The most prominent rate of growth was recorded in 2020 when exports increased by 123% against the previous year. As a result, the exports attained the peak of 118 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion skyrocketed to $373K in 2022. Overall, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 54% against the previous year. As a result, the exports attained the peak of $691K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Samoa (19.0 units)
2. Australia (11.0 units)
3. Tonga (10.0 units)
4. Sri Lanka (8.0 units)
5. United Kingdom (4.0 units)
6. Fiji (2.0 units)
7. French Polynesia (2.0 units)
8. American Samoa (1.0 units)
9. Japan (1.0 units)
10. Norway (1.0 units)
11. Cook Islands (1.0 units)

Source: IndexBox Market Intelligence Platform