Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Italy - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Italy (FOB) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Italy (CIF) - 2022
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Italy
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Italy
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Italy (FOB) - 2022
In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $3,494 per unit, with a decrease of -3.8% against the previous year. Over the period under review, the export price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2018 an increase of 23%. Over the period under review, the average export prices reached the maximum at $4,396 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($10,230 per unit), while the average price for exports to Tunisia ($241 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 France (+3.2%), 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) in Italy (CIF) - 2022
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $3,058 per unit in 2022, waning by -38% against the previous year. Over the period under review, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $5,930 per unit. From 2020 to 2022, the average import prices remained 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 Germany ($7,466 per unit), while the price for China ($852 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Italy
In 2022, approx. 664K units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) were exported from Italy; waning by -2.1% against the year before. The total export volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, the exports reached the peak of 678K units, and then shrank slightly in the following year.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) dropped to $2.3B in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $2.5B, and then declined in the following year.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 403 | 368 | 619 | 542 | 10.4% |
| Turkey | 206 | 194 | 237 | 281 | 10.9% |
| Japan | 172 | 142 | 158 | 197 | 4.6% |
| Spain | 155 | 101 | 196 | 175 | 4.1% |
| United Kingdom | 203 | 102 | 175 | 158 | -8.0% |
| Brazil | 181 | 141 | 208 | 140 | -8.2% |
| France | 160 | 106 | 137 | 117 | -9.9% |
| South Korea | 15.0 | 33.2 | 90.4 | 108 | 93.1% |
| Austria | 57.7 | 40.3 | 68.5 | 68.5 | 5.9% |
| Germany | 62.9 | 52.1 | 60.5 | 53.0 | -5.5% |
| Portugal | 47.5 | 33.5 | 51.8 | 48.5 | 0.7% |
| India | 13.2 | 16.7 | 36.5 | 47.3 | 53.0% |
| Tunisia | 1.0 | 0.8 | 3.1 | 2.6 | 37.5% |
| Others | 417 | 395 | 423 | 382 | -2.9% |
| Total | 2,095 | 1,725 | 2,465 | 2,320 | 3.5% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Italy in 2022:
- United States (136.4K units)
- Turkey (113.6K units)
- Brazil (60.7K units)
- Japan (54.4K units)
- Spain (42.9K units)
- United Kingdom (39.6K units)
- France (36.9K units)
- India (21.1K units)
- Germany (17.0K units)
- Portugal (12.0K units)
- Tunisia (10.8K units)
- Austria (10.7K units)
- South Korea (10.5K units)
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Italy
In 2022, approx. 440K units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) were imported into Italy; surging by 74% against 2021 figures. In general, imports posted a significant expansion. 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) expanded sharply to $1.3B in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports of reached the maximum at $1.3B in 2019; afterwards, it flattened through to 2022.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 420 | 249 | 312 | 342 | -6.6% |
| France | 296 | 196 | 278 | 249 | -5.6% |
| United Kingdom | 100 | 72.9 | 97.2 | 127 | 8.3% |
| Japan | 143 | 75.1 | 121 | 122 | -5.2% |
| China | 65.5 | 55.4 | 77.1 | 91.4 | 11.7% |
| India | 81.0 | 22.7 | 39.4 | 85.7 | 1.9% |
| Poland | 34.5 | 63.9 | 129 | 84.9 | 35.0% |
| Others | 210 | 156 | 192 | 243 | 5.0% |
| Total | 1,350 | 891 | 1,244 | 1,346 | -0.1% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Italy in 2022:
- China (107.3K units)
- United Kingdom (63.3K units)
- Poland (62.8K units)
- France (54.3K units)
- Japan (50.0K units)
- Germany (45.8K units)
- India (25.6K units)
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