U.S. - Equipment For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Internal Combustion Engine Equipment in the United States - 2023
Contents:
- Price for Internal Combustion Engine Equipment in the United States (CIF) - 2022
- Price for Internal Combustion Engine Equipment in the United States (FOB) - 2022
- Imports of Internal Combustion Engine Equipment in the United States
- Exports of Internal Combustion Engine Equipment in the United States
Price for Internal Combustion Engine Equipment in the United States (CIF) - 2022
The average internal combustion engine equipment import price stood at $7.2 per unit in 2022, waning by -30.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 82% against the previous year. The import price peaked at $39 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
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 Taiwan (Chinese) ($12 per unit), while the price for Israel ($3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Internal Combustion Engine Equipment in the United States (FOB) - 2022
In 2022, the average internal combustion engine equipment export price amounted to $25 per unit, with an increase of 1.9% against the previous year. Over the period under review, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 47%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($46 per unit), while the average price for exports to Mexico ($16 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 Germany (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Internal Combustion Engine Equipment in the United States
In 2022, internal combustion engine equipment imports into the United States skyrocketed to 24M units, rising by 35% against 2021 figures. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, internal combustion engine equipment imports reduced to $170M in 2022. Overall, imports, however, saw a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of $181M, and then reduced in the following year.
| Import of Internal Combustion Engine Equipment in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 75.6 | 65.8 | 75.6 | 59.6 | -7.6% |
| Germany | 27.7 | 31.7 | 34.5 | 29.9 | 2.6% |
| China | 20.3 | 15.6 | 20.9 | 19.3 | -1.7% |
| Mexico | 19.2 | 19.1 | 18.7 | 18.2 | -1.8% |
| Taiwan (Chinese) | 8.5 | 6.4 | 7.8 | 9.7 | 4.5% |
| France | 2.7 | 1.7 | 2.7 | 5.3 | 25.2% |
| Canada | 5.6 | 3.9 | 2.7 | 3.8 | -12.1% |
| Sweden | N/A | 0.7 | 0.4 | 3.2 | 113.8% |
| United Kingdom | 2.4 | 1.8 | 1.3 | 2.3 | -1.4% |
| Hungary | 6.3 | 4.1 | 3.0 | 1.9 | -32.9% |
| Others | 12.9 | 10.9 | 13.8 | 16.4 | 8.3% |
| Total | 181 | 162 | 181 | 170 | -2.1% |
Top Suppliers of Internal Combustion Engine Equipment to the United States in 2022:
- Germany (5.6M units)
- Japan (5.6M units)
- Mexico (3.6M units)
- China (3.3M units)
- France (1.0M units)
- Taiwan (Chinese) (0.8M units)
- Canada (0.6M units)
- Sweden (0.5M units)
- United Kingdom (0.4M units)
- Hungary (0.2M units)
Exports of Internal Combustion Engine Equipment in the United States
After two years of decline, shipments abroad of equipment for internal combustion engines increased by 4.1% to 5.6M units in 2022. In general, exports, however, faced a dramatic curtailment. The exports peaked at 12M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, internal combustion engine equipment exports totaled $139M in 2022. Over the period under review, exports, however, saw a deep contraction. The exports peaked at $186M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Internal Combustion Engine Equipment in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 49.3 | 34.8 | 33.0 | 39.4 | -7.2% |
| Canada | 50.6 | 41.6 | 24.5 | 24.2 | -21.8% |
| United Kingdom | 33.1 | 20.7 | 19.6 | 15.0 | -23.2% |
| Germany | 5.3 | 3.6 | 5.5 | 6.5 | 7.0% |
| China | 3.7 | 4.0 | 6.6 | 6.0 | 17.5% |
| Others | 44.3 | 31.9 | 42.1 | 48.1 | 2.8% |
| Total | 186 | 137 | 131 | 139 | -9.3% |
Top Export Markets for Internal Combustion Engine Equipment from the United States in 2022:
- Mexico (2516.5K units)
- Canada (765.6K units)
- United Kingdom (490.5K units)
- China (215.9K units)
- Germany (141.5K units)
This report provides an in-depth analysis of the market for internal combustion engine equipment in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29312270 - Equipment, n.e.c., for internal combustion engines
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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