Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Greece - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Greece (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Greece (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Greece
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Greece
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Greece (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $2,198 per unit, which is down by -2.8% against the previous year. In general, the import price, however, continues to indicate a notable increase. The pace of growth appeared the most rapid in 2016 an increase of 157%. The import price peaked at $3,618 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($10,607 per unit), while the price for China ($412 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.6%), 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) in Greece (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $3,743 per unit in 2022, reducing by -36.6% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 422%. The export price peaked at $5,902 per unit in 2021, and then dropped sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($12,353 per unit), while the average price for exports to India ($141 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 Poland (+29.3%), 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) in Greece
For the fourth year in a row, Greece recorded growth in overseas purchases of compression-ignition internal combustion piston engines (diesel or semi-diesel engines), which increased by 56% to 8.2K units in 2022. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) surged to $18M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.9 | 1.4 | 2.0 | 3.4 | 5.4% |
| Italy | 1.4 | 1.8 | 3.2 | 2.7 | 24.5% |
| United Kingdom | 0.5 | 0.7 | 0.5 | 1.7 | 50.4% |
| China | 0.8 | 1.1 | 1.6 | 1.6 | 26.0% |
| Netherlands | 1.6 | 0.5 | 1.0 | 1.4 | -4.4% |
| France | 0.9 | 0.6 | 1.2 | 1.3 | 13.0% |
| Germany | 0.4 | 1.7 | 0.6 | 1.2 | 44.2% |
| Others | 3.6 | 3.2 | 1.7 | 4.8 | 10.1% |
| Total | 12.0 | 10.9 | 11.9 | 18.0 | 14.5% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Greece in 2022:
- China (3.9K units)
- Italy (1.1K units)
- United Kingdom (0.7K units)
- France (0.5K units)
- Netherlands (0.4K units)
- Germany (0.4K units)
- Sweden (0.3K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Greece
In 2022, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) were finally on the rise to reach 258 units after two years of decline. In general, exports, however, saw a dramatic descent. The exports peaked at 1.6K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) dropped dramatically to $966K in 2022. Overall, exports, however, saw a mild decline. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of $1.2M, and then reduced sharply in the following year.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 132 | 352 | 489 | 391 | 43.6% |
| United Kingdom | 149 | N/A | 81.3 | 142 | -1.6% |
| Bulgaria | 72.7 | 118 | 178 | 98.8 | 10.8% |
| Albania | 60.7 | 17.2 | 19.7 | 93.6 | 15.5% |
| Turkey | 97.0 | N/A | 3.7 | 78.3 | -6.9% |
| North Macedonia | 178 | 136 | 17.2 | 39.0 | -39.7% |
| India | N/A | N/A | N/A | 8.9 | 0% |
| Italy | 13.1 | 30.9 | N/A | 4.4 | -30.5% |
| Israel | 23.6 | N/A | 15.0 | N/A | -20.3% |
| France | 88.2 | N/A | 0.6 | N/A | -91.8% |
| Lebanon | 8.0 | N/A | N/A | N/A | 0% |
| Romania | 47.9 | N/A | 7.9 | N/A | -59.4% |
| Others | 127 | 165 | 362 | 110 | -4.7% |
| Total | 998 | 819 | 1,175 | 966 | -1.1% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Greece in 2022:
- United Kingdom (66.0 units)
- India (63.0 units)
- Turkey (32.0 units)
- Cyprus (32.0 units)
- Albania (23.0 units)
- North Macedonia (16.0 units)
- Bulgaria (8.0 units)
- Italy (1.0 units)
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