Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Latvia - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Latvia (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Latvia (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Latvia
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Latvia
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Latvia (CIF) - 2022
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $3,890 per unit in 2022, almost unchanged from the previous year. In general, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 40%. The import price peaked at $7,170 per unit in 2012; however, from 2013 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 Austria ($37,451 per unit), while the price for the United States ($416 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+26.1%), 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) in Latvia (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $994 per unit in 2022, declining by -34.9% against the previous year. Over the period under review, the export price faced a abrupt setback. The growth pace was the most rapid in 2015 an increase of 36%. The export price peaked at $4,034 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 Estonia ($5,115 per unit), while the average price for exports to Uzbekistan ($225 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 Ukraine (+9.7%), while the prices for the other major destinations experienced a decline.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Latvia
In 2022, purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -43% to 1.6K units, falling for the second year in a row after two years of growth. Overall, imports, however, posted a modest expansion. The growth pace was the most rapid in 2020 when imports increased by 84%. As a result, imports reached the peak of 2.9K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) contracted sharply to $6.3M in 2022. In general, imports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 41%. Over the period under review, imports of hit record highs at $11M in 2021, and then declined rapidly in the following year.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3,948 | 5,935 | 5,054 | 1,801 | -23.0% |
| Poland | 115 | 161 | 381 | 734 | 85.5% |
| Sweden | 756 | 750 | 1,521 | 667 | -4.1% |
| Estonia | 16.8 | 14.5 | 862 | 472 | 204.0% |
| France | 1,309 | 952 | 709 | 443 | -30.3% |
| Lithuania | 70.8 | 699 | 523 | 408 | 79.3% |
| United Kingdom | 9.9 | 99.4 | 421 | 359 | 231.0% |
| Hungary | N/A | 45.8 | 3.1 | 321 | 164.7% |
| Czech Republic | 492 | 146 | 148 | 97.8 | -41.6% |
| Italy | 6.2 | 62.3 | 214 | 82.7 | 137.2% |
| Ukraine | 7.4 | 202 | 9.3 | N/A | 12.1% |
| Others | 267 | 770 | 1,424 | 943 | 52.3% |
| Total | 6,998 | 9,837 | 11,270 | 6,329 | -3.3% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Latvia in 2022:
- Germany (406.0 units)
- Lithuania (400.0 units)
- Poland (246.0 units)
- United Kingdom (147.0 units)
- Hungary (105.0 units)
- France (87.0 units)
- Estonia (41.0 units)
- Italy (39.0 units)
- Sweden (37.0 units)
- Czech Republic (24.0 units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Latvia
In 2022, approx. 1.8K units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) were exported from Latvia; rising by 31% on the year before. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) contracted to $1.8M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, the exports attained the peak of $2.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 214 | 526 | 434 | 622 | 42.7% |
| Hungary | N/A | N/A | 3.1 | 293 | 9351.6% |
| Belarus | 483 | 205 | 297 | 163 | -30.4% |
| Uzbekistan | N/A | N/A | N/A | 71.7 | 0% |
| Turkey | N/A | N/A | 7.3 | 66.6 | 812.3% |
| United Arab Emirates | 32.1 | 143 | 61.2 | 59.8 | 23.0% |
| Lithuania | 143 | 274 | 65.2 | 55.3 | -27.1% |
| Poland | 15.7 | 43.2 | 174 | 43.9 | 40.9% |
| Estonia | 469 | 12.5 | 445 | 30.7 | -59.7% |
| Kyrgyzstan | 0.6 | 0.5 | 0.2 | 27.4 | 257.4% |
| Iraq | N/A | 42.4 | 99.9 | N/A | 135.6% |
| Others | 409 | 947 | 505 | 347 | -5.3% |
| Total | 1,766 | 2,194 | 2,092 | 1,780 | 0.3% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Latvia in 2022:
- Belarus (679.0 units)
- Uzbekistan (318.0 units)
- Russia (189.0 units)
- Hungary (123.0 units)
- United Arab Emirates (115.0 units)
- Kyrgyzstan (99.0 units)
- Turkey (82.0 units)
- Lithuania (22.0 units)
- Poland (14.0 units)
- Estonia (6.0 units)
384
This report provides an in-depth analysis of the internal combustion engines market in Latvia.
454
This report provides an in-depth analysis of the market for diesel engines (other than for motor vehicles and aircraft) in Latvia.
1002
This report provides an in-depth analysis of the global internal combustion engines market.
2164
This report provides an in-depth analysis of the global market for diesel engines (other than for motor vehicles and aircraft).
417
Global Rail Diesel Engine Market Report 2018. This report provides an in-depth analysis of the global rail diesel engine market.
384
This report provides an in-depth analysis of the internal combustion engines market in Latvia.
454
This report provides an in-depth analysis of the market for diesel engines (other than for motor vehicles and aircraft) in Latvia.
1002
This report provides an in-depth analysis of the global internal combustion engines market.
2164
This report provides an in-depth analysis of the global market for diesel engines (other than for motor vehicles and aircraft).
417
Global Rail Diesel Engine Market Report 2018. This report provides an in-depth analysis of the global rail diesel engine market.
270
Explore the top import markets for internal combustion engines around the world. Learn about the key statistics and import values of countries like Mexico, Germany, United States, and more. Discover the market insights with IndexBox platform.
1397
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
829
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
1139
Japan held onto its second place position in the global diesel engine trade. In 2014, Japan exported X thousand tons of diesel engines totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied
270
Explore the top import markets for internal combustion engines around the world. Learn about the key statistics and import values of countries like Mexico, Germany, United States, and more. Discover the market insights with IndexBox platform.
1397
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
829
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
1139
Japan held onto its second place position in the global diesel engine trade. In 2014, Japan exported X thousand tons of diesel engines totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied
