Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Romania - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Romania (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Romania (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Romania
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Romania
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Romania (CIF) - 2022
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $2,864 per unit in 2022, waning by -6.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2018 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs at $3,050 per unit in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,575 per unit), while the price for China ($1,176 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), 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 Romania (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $1,201 per unit in 2022, remaining constant against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 154%. As a result, the export price reached the peak level of $1,747 per unit. From 2016 to 2022, the average 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 Serbia ($5,784 per unit), while the average price for exports to Iraq ($210 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 (+12.7%), 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 Romania
For the third consecutive year, Romania recorded decline in purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines), which decreased by -10.2% to 93K units in 2022. In general, imports faced a deep reduction. Imports peaked at 144K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) contracted sharply to $267M in 2022. Overall, imports faced a deep downturn. The smallest decline of -7.2% was in 2020. Imports peaked at $368M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 153 | 69.6 | 266 | 203 | 9.9% |
| Italy | 2.8 | 2.8 | 2.2 | 13.0 | 66.8% |
| United Kingdom | 44.7 | 28.0 | 17.6 | 11.4 | -36.6% |
| France | 5.7 | 4.3 | 5.9 | 9.3 | 17.7% |
| Germany | 13.0 | 17.9 | 7.4 | 8.1 | -14.6% |
| China | 1.0 | 1.8 | 1.5 | 2.5 | 35.7% |
| Turkey | 137 | 185 | 4.6 | 0.2 | -88.7% |
| Others | 10.7 | 33.0 | 11.5 | 19.1 | 21.3% |
| Total | 368 | 342 | 316 | 267 | -10.1% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Romania in 2022:
- Spain (74.8K units)
- United Kingdom (6.6K units)
- France (3.2K units)
- China (2.1K units)
- Italy (2.0K units)
- Germany (1.3K units)
- Turkey (0.1K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Romania
In 2022, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -10.1% to 3.6K units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 57%. Over the period under review, the exports of hit record highs at 4K units in 2021, and then dropped in the following year.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) dropped to $4.4M in 2022. The total export value increased at an average annual rate of +9.3% 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 2020 with an increase of 40%. Over the period under review, the exports of hit record highs at $4.9M in 2021, and then reduced in the following year.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 522 | 743 | 1,228 | 882 | 19.1% |
| Bulgaria | 219 | 316 | 583 | 457 | 27.8% |
| Serbia | 3.8 | 18.1 | 649 | 341 | 347.7% |
| United Arab Emirates | 7.1 | 182 | 49.7 | 277 | 239.2% |
| Nigeria | 684 | N/A | 182 | 262 | -27.4% |
| Turkey | 111 | 1,145 | 14.0 | 219 | 25.4% |
| Iraq | 183 | 59.5 | 26.0 | 217 | 5.8% |
| United Kingdom | 41.0 | 340 | 194 | 209 | 72.1% |
| Egypt | 134 | 225 | 224 | 169 | 8.0% |
| France | 30.8 | 12.5 | 6.1 | 136 | 64.1% |
| Ukraine | 9.5 | 127 | 221 | 115 | 129.6% |
| Hungary | 67.4 | 114 | 112 | 111 | 18.1% |
| China | N/A | N/A | 216 | 2.0 | -99.1% |
| Others | 1,324 | 1,405 | 1,189 | 959 | -10.2% |
| Total | 3,338 | 4,686 | 4,892 | 4,356 | 9.3% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Romania in 2022:
- Iraq (1031.0 units)
- Egypt (682.0 units)
- Germany (476.0 units)
- United Arab Emirates (221.0 units)
- Bulgaria (210.0 units)
- France (151.0 units)
- Nigeria (124.0 units)
- Turkey (114.0 units)
- Ukraine (91.0 units)
- United Kingdom (86.0 units)
- Hungary (71.0 units)
- Serbia (59.0 units)
- China (2.0 units)
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