Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Spain - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Spain (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Spain (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Spain
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Spain
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Spain (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $3,843 per unit, with a decrease of -8.2% against the previous year. Over the last decade, it increased at an average annual rate of +4.8%. The growth pace was the most rapid in 2013 an increase of 46% against the previous year. Over the period under review, average import prices hit record highs at $4,185 per unit in 2021, and then declined in the following year.
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 ($5,050 per unit), while the price for the UK ($2,005 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.9%), 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 Spain (FOB) - 2022
In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $1,775 per unit, declining by -19.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 16%. As a result, the export price attained the peak level of $2,203 per unit, and then plummeted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($3,024 per unit), while the average price for exports to Armenia ($23 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 Morocco (+1.5%), 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 Spain
In 2022, purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) increased by 16% to 430K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt downturn. Imports peaked at 620K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) expanded markedly to $1.7B in 2022. Overall, imports, however, saw a deep reduction. Over the period under review, imports of hit record highs at $2B in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 785 | 534 | 558 | 616 | -7.8% |
| France | 519 | 444 | 492 | 472 | -3.1% |
| United Kingdom | 324 | 307 | 157 | 197 | -15.3% |
| Italy | 150 | 124 | 190 | 178 | 5.9% |
| Japan | 77.7 | 18.3 | 22.9 | 36.5 | -22.3% |
| Netherlands | 35.7 | 23.9 | 24.3 | 32.7 | -2.9% |
| Others | 156 | 106 | 106 | 121 | -8.1% |
| Total | 2,048 | 1,558 | 1,550 | 1,653 | -6.9% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Spain in 2022:
- Germany (122.0K units)
- France (101.7K units)
- United Kingdom (98.0K units)
- Italy (62.7K units)
- Japan (11.2K units)
- Netherlands (9.1K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Spain
For the third consecutive year, Spain recorded decline in shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines), which decreased by -47% to 175K units in 2022. Overall, exports saw a precipitous contraction. The smallest decline of -19.1% was in 2021. Over the period under review, the exports of reached the maximum at 590K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) contracted dramatically to $310M in 2022. Over the period under review, exports showed a precipitous descent. The smallest decline of -6% was in 2021. The exports peaked at $1.1B 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 17.2 | 1.8 | 91.8 | 107 | 83.9% |
| Morocco | 198 | 171 | 401 | 106 | -18.8% |
| Portugal | 11.3 | 11.3 | 11.8 | 11.8 | 1.5% |
| France | 278 | 240 | 158 | 11.4 | -65.5% |
| Germany | 122 | 77.3 | 4.4 | 6.0 | -63.4% |
| Paraguay | N/A | N/A | N/A | 5.8 | 0% |
| Saudi Arabia | 0.1 | N/A | 1.1 | 5.7 | 284.9% |
| Russia | N/A | 10.3 | 20.9 | 5.3 | -28.3% |
| Argentina | 1.7 | 1.8 | 0.9 | 3.7 | 29.6% |
| Colombia | 0.3 | 0.1 | 0.1 | 3.5 | 126.8% |
| United Kingdom | 148 | 85.5 | 3.9 | 3.0 | -72.7% |
| Armenia | N/A | N/A | N/A | 0.1 | 0% |
| Hungary | 99.8 | 109 | N/A | N/A | 9.2% |
| Others | 201 | 63.5 | 31.1 | 40.9 | -41.2% |
| Total | 1,077 | 772 | 725 | 310 | -34.0% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Spain in 2022:
- Turkey (65.7K units)
- Morocco (48.1K units)
- Paraguay (7.9K units)
- Russia (5.3K units)
- France (5.1K units)
- Colombia (4.4K units)
- Argentina (4.0K units)
- Portugal (3.9K units)
- Germany (3.3K units)
- Saudi Arabia (3.2K units)
- United Kingdom (3.1K units)
- Armenia (2.6K units)
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