Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iran - 2022

Contents:

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

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

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $1,567 per unit in 2022, with a decrease of -41.8% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 12% against the previous year. The import price peaked at $7,701 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Sweden ($14,623 per unit), while the price for Japan ($557 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+8.5%), 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) in Iran (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $3,084 per unit in 2022, increasing by 11% against the previous year. In general, the export price, however, saw a slight decline. The growth pace was the most rapid in 2016 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices attained the maximum at $7,338 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($5,217 per unit), while the average price for exports to Germany ($74 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 Tajikistan (+11.5%), 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 Iran

For the fourth consecutive year, Iran recorded growth in purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines), which increased by 0.7% to 24K units in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 179% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) dropped notably to $38M in 2022. Over the period under review, imports, however, continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. As a result, imports attained the peak of $65M, and then reduced dramatically in the following year.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.04.115.214.634.5%
United Arab Emirates8.417.922.910.68.1%
United Kingdom4.73.56.42.6-17.9%
Brazil1.51.72.11.50.0%
Japan1.91.32.11.2-14.2%
Turkey2.03.55.80.5-37.0%
Italy4.01.91.70.2-63.2%
Others15.15.38.56.8-23.4%
Total43.639.264.838.0-4.5%

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Iran in 2022:

  1. China (18.8K units)
  2. Japan (2.1K units)
  3. United Arab Emirates (1.5K units)
  4. Brazil (0.3K units)
  5. United Kingdom (0.3K units)
  6. Turkey (0.1K units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iran

After three years of growth, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -34.5% to 78 units in 2022. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 79% against the previous year. The exports peaked at 119 units in 2021, and then declined significantly in the following year.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) shrank markedly to $241K in 2022. Over the period under review, exports continue to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2021 with an increase of 15%. As a result, the exports attained the peak of $332K, and then contracted sharply in the following year.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1651902361894.6%
Turkey25.048.344.916.2-13.5%
Russia9.19.210.07.1-7.9%
Italy10.49.18.55.2-20.6%
Tajikistan0.50.91.84.9114.0%
Bulgaria10.06.84.81.7-44.6%
Pakistan0.50.50.60.4-7.2%
Azerbaijan5.21.90.70.2-66.2%
Others33.522.924.715.6-22.5%
Total259290332241-2.4%

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

  1. Poland (37.0 units)
  2. Turkey (9.0 units)
  3. Russia (5.0 units)
  4. Pakistan (3.0 units)
  5. Tajikistan (3.0 units)
  6. Italy (1.0 units)
  7. Azerbaijan (1.0 units)
  8. Bulgaria (1.0 units)

Source: IndexBox Market Intelligence Platform

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