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

Contents:

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

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in the United States (CIF) - 2023

In December 2023, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $19,800 per unit, waning by -42.5% against the previous month. Over the period under review, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in September 2023 an increase of 27% month-to-month. Over the period under review, average import prices reached the peak figure at $34,456 per unit in November 2023, and then plummeted in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($163K per unit), while the price for Canada ($5,248 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Japan (+7.5%), 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 the United States (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $39,504 per unit in 2022, dropping by -6% against the previous year. Overall, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2021 an increase of 45%. Over the period under review, the average export prices hit record highs at $55,047 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($275,534 per unit), while the average price for exports to Dominica ($72 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 Singapore (+17.2%), 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 the United States

In 2022, after two years of decline, there was significant growth in supplies from abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion, when their volume increased by 36% to 7.9K units. Over the period under review, imports, however, recorded a noticeable setback. Over the period under review, imports of attained the maximum at 8.4K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion rose notably to $195M in 2022. In general, imports, however, recorded a mild reduction. Imports peaked at $220M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

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

1. Mexico (1984.0 units)
2. United Kingdom (1555.0 units)
3. Sweden (1265.0 units)
4. Japan (1109.0 units)
5. Germany (986.0 units)
6. France (310.0 units)
7. Belgium (308.0 units)
8. Italy (94.0 units)
9. Canada (34.0 units)

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

In 2022, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion was finally on the rise to reach 4.9K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a perceptible shrinkage. The exports peaked at 5.3K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion surged to $195M in 2022. In general, exports, however, saw a deep contraction. Over the period under review, the exports of attained the peak figure at $290M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Mexico (1255.0 units)
2. Brazil (615.0 units)
3. Taiwan (Chinese) (592.0 units)
4. Australia (371.0 units)
5. Dominica (332.0 units)
6. Ukraine (291.0 units)
7. Turkey (226.0 units)
8. Netherlands (222.0 units)
9. United Kingdom (197.0 units)
10. France (173.0 units)
11. Vietnam (13.0 units)

Source: IndexBox Market Intelligence Platform