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

Contents:

1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Sweden (FOB) - 2023
2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Sweden (CIF) - 2022
3. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Sweden
4. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Sweden

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Sweden (FOB) - 2023

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $31,771 per unit in October 2023, rising by 17% against the previous month. In general, the export price recorded tangible growth. The pace of growth was the most pronounced in March 2023 an increase of 190% month-to-month. The export price peaked in October 2023.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Canada ($91,165 per unit), while the average price for exports to Brazil ($47,094 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $6,106 per unit in 2022, growing by 15% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion increased by +104.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 78%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($32,884 per unit), while the price for the UK ($3,276 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.9%), while the prices for the other major suppliers experienced a decline.

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

Exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion from Sweden rose slightly to 14K units in 2022, growing by 4.1% on the previous year. The total export volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 6.1%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion fell to $277M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, the exports attained the peak of $288M, and then shrank in the following year.

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

1. France (2223.0 units)
2. Italy (1785.0 units)
3. United States (1341.0 units)
4. Germany (1146.0 units)
5. Brazil (760.0 units)
6. Netherlands (718.0 units)
7. United Kingdom (620.0 units)
8. Norway (571.0 units)
9. Finland (542.0 units)
10. Poland (496.0 units)
11. Australia (378.0 units)
12. China (342.0 units)
13. Turkey (323.0 units)

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

In 2022, after three years of growth, there was significant decline in purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion, when their volume decreased by -24% to 4K units. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 66%. Over the period under review, imports of hit record highs at 5.3K units in 2021, and then contracted notably in the following year.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion reduced to $24M in 2022. In general, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 107%. As a result, imports attained the peak of $28M, and then shrank in the following year.

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

1. United Kingdom (2672.0 units)
2. France (508.0 units)
3. Germany (200.0 units)
4. Denmark (139.0 units)
5. Belgium (124.0 units)
6. Poland (81.0 units)
7. United States (56.0 units)

Source: IndexBox Market Intelligence Platform