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

Contents:

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

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

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $47,943 per unit in 2022, with an increase of 11% against the previous year. In general, the import price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by 47%. As a result, import price reached the peak level of $124,439 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($248,376 per unit), while the price for China ($8,126 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+7.1%), 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 Turkey (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $28,825 per unit in 2022, surging by 18% against the previous year. Overall, the export price, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2019 an increase of 86%. Over the period under review, the average export prices reached the peak figure at $40,157 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($49,717 per unit), while the average price for exports to Mali ($287 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 Russia (+30.9%), 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 Turkey

In 2022, approx. 3.3K units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion were imported into Turkey; with an increase of 14% against the previous year. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion surged to $156M in 2022. Over the period under review, imports, however, saw a noticeable slump. Over the period under review, imports of attained the peak figure at $189M in 2020; however, from 2021 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 Turkey in 2022:

1. China (825.0 units)
2. Netherlands (661.0 units)
3. Japan (408.0 units)
4. France (252.0 units)
5. Sweden (195.0 units)
6. Germany (193.0 units)
7. United Kingdom (147.0 units)
8. United States (122.0 units)
9. South Korea (120.0 units)

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

In 2022, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -23.7% to 216 units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2020 when exports increased by 100%. As a result, the exports reached the peak of 332 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion reduced to $6.2M in 2022. Overall, exports, however, continue to indicate a perceptible increase. The most prominent rate of growth was recorded in 2020 with an increase of 97%. As a result, the exports reached the peak of $11M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Russia (50.0 units)
2. Germany (32.0 units)
3. Mali (23.0 units)
4. Marshall Islands (11.0 units)
5. Uzbekistan (10.0 units)
6. Poland (9.0 units)
7. Ireland (6.0 units)
8. Tanzania (5.0 units)
9. Cyprus (5.0 units)
10. Netherlands (4.0 units)
11. Greece (4.0 units)
12. Malta (4.0 units)
13. Hong Kong SAR (4.0 units)

Source: IndexBox Market Intelligence Platform