Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico (FOB) - 2023
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico (CIF) - 2022
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $3,485 per unit in 2022, waning by -2.8% against the previous year. Overall, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 5.6%. The import price peaked at $8,739 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,540 per unit), while the price for the United States amounted to $3,380 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+9.9%), while the prices for the other major suppliers experienced a decline.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico (FOB) - 2023
In November 2023, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $7,221 per unit, leveling off at the previous month. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level of $7,305 per unit; afterwards, it flattened through to November 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From August 2023 to November 2023, the rate of growth in terms of prices for the United States amounted to +1.0% per month.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico
In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) into Mexico surged to 1.8M units, increasing by 20% compared with 2021 figures. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.3% 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 +60.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 34%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) surged to $6.4B in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.9 | 3.8 | 5.1 | 6.0 | 7.0% |
| Germany | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Hungary | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Others | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
| Total | 5.7 | 4.2 | 5.5 | 6.4 | 3.9% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Mexico in 2022:
- United States (1779.5K units)
- Germany (35.7K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico
In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) exported from Mexico contracted to 191K units, waning by -2.2% against 2021 figures. In general, exports faced a abrupt setback. The smallest decline of -0.8% was in 2021. The exports peaked at 264K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) expanded modestly to $1.6B in 2022. Overall, exports recorded a noticeable slump. The growth pace was the most rapid in 2021 with an increase of 6.5% against the previous year. The exports peaked at $1.8B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Mexico (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 1.4 | 1.6 | 1.6 | -3.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.8 | 1.5 | 1.6 | 1.6 | -3.9% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Mexico in 2022:
- United States (190.7K units)
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