Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Luxembourg - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Luxembourg (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Luxembourg (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Luxembourg
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Luxembourg
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Luxembourg (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $2,577 per unit, increasing by 2.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 51% against the previous year. As a result, import price attained the peak level of $2,807 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
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 ($4,444 per unit), while the price for the Netherlands ($1,960 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.6%), 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 Luxembourg (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $7,866 per unit in 2022, picking up by 1.7% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 94%. The export price peaked at $13,246 per unit in 2019; however, from 2020 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 Germany ($20,397 per unit), while the average price for exports to the United Arab Emirates ($142 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 Belgium (+15.9%), 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) in Luxembourg
In 2022, after three years of growth, there was decline in purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines), when their volume decreased by -0.1% to 1.3K units. The total import volume increased at an average annual rate of +10.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. As a result, imports attained the peak of 1.3K units, leveling off in the following year.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) expanded modestly to $3.3M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 282 | 821 | 1,277 | 1,698 | 81.9% |
Germany | 1,697 | 897 | 1,511 | 982 | -16.7% |
France | 422 | 189 | 420 | 573 | 10.7% |
Others | 314 | 622 | 52.8 | 74.4 | -38.1% |
Total | 2,714 | 2,529 | 3,261 | 3,327 | 7.0% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Luxembourg in 2022:
- Belgium (799.0 units)
- France (257.0 units)
- Germany (221.0 units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Luxembourg
In 2022, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -47.6% to 65 units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 162%. As a result, the exports attained the peak of 333 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) contracted markedly to $511K in 2022. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2020 when exports increased by 93% against the previous year. As a result, the exports attained the peak of $3.2M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 121 | 462 | 672 | 266 | 30.0% |
Germany | 735 | 185 | 193 | 204 | -34.8% |
France | 164 | 3.7 | 42.5 | 31.9 | -42.1% |
United Kingdom | N/A | N/A | N/A | 4.8 | 0% |
Brazil | N/A | N/A | N/A | 2.7 | 0% |
United States | N/A | N/A | N/A | 1.4 | 0% |
United Arab Emirates | 1.7 | N/A | N/A | 0.1 | -61.1% |
China | N/A | 1,626 | N/A | N/A | 0% |
Turkey | 617 | 956 | N/A | N/A | 54.9% |
Others | 43.9 | 16.4 | 51.6 | N/A | 8.4% |
Total | 1,682 | 3,250 | 959 | 511 | -32.8% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Luxembourg in 2022:
- Belgium (44.0 units)
- Germany (10.0 units)
- France (6.0 units)
- United Kingdom (2.0 units)
- Brazil (1.0 units)
- United States (1.0 units)
- United Arab Emirates (1.0 units)
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