Price for Reciprocating or Rotary Internal Combustion Piston Engines in Germany - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Germany (FOB) - 2024
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Germany (CIF) - 2024
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Germany
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Germany
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Germany (FOB) - 2024
In January 2024, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $3,530 per unit, dropping by -5% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in October 2023 when the average export price increased by 14% against the previous month. As a result, the export price reached the peak level of $4,546 per unit; afterwards, it flattened through to January 2024.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was the UK ($8,607 per unit), while the average price for exports to the United Arab Emirates ($992 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Germany (CIF) - 2024
In January 2024, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $2,694 per unit, waning by -4.6% against the previous month. Over the period from January 2023 to January 2024, it increased at an average monthly rate of +1.5%. The growth pace was the most rapid in April 2023 an increase of 9.5% month-to-month. Over the period under review, average import prices reached the peak figure at $2,824 per unit in December 2023, and then declined slightly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($3,091 per unit), while the price for China ($1,063 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Germany
In 2022, exports of reciprocating or rotary internal combustion piston engineses from Germany fell to 1.5M units, with a decrease of -13.6% compared with 2021. Overall, exports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 14%. Over the period under review, the exports of reached the peak figure at 1.9M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of reciprocating or rotary internal combustion piston engineses reduced to $5.2B in 2022. In general, exports saw a pronounced setback. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. As a result, the exports attained the peak of $5.7B, and then contracted in the following year.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,359 | 1,186 | 1,667 | 1,588 | 5.3% |
| Spain | 760 | 596 | 873 | 636 | -5.8% |
| United Kingdom | 131 | 139 | 307 | 488 | 55.0% |
| South Africa | 313 | 187 | 303 | 450 | 12.9% |
| Czech Republic | 450 | 481 | 424 | 397 | -4.1% |
| Portugal | 286 | 244 | 264 | 319 | 3.7% |
| Slovakia | 121 | 253 | 244 | 246 | 26.7% |
| Mexico | 374 | 356 | 318 | 230 | -15.0% |
| Hungary | 401 | 365 | 407 | 175 | -24.1% |
| China | 379 | 60.6 | 110 | 106 | -34.6% |
| Poland | 102 | 66.1 | 34.3 | 88.0 | -4.8% |
| Finland | 238 | 200 | 291 | 44.4 | -42.9% |
| Russia | 90.2 | 91.3 | 88.3 | 7.4 | -56.5% |
| Others | 526 | 381 | 418 | 397 | -9.0% |
| Total | 5,532 | 4,607 | 5,746 | 5,172 | -2.2% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Germany in 2022:
- Spain (315.7K units)
- United States (294.5K units)
- Czech Republic (170.2K units)
- Portugal (145.7K units)
- South Africa (144.9K units)
- Mexico (70.5K units)
- United Kingdom (61.0K units)
- Hungary (46.2K units)
- Slovakia (39.4K units)
- Poland (37.6K units)
- China (15.9K units)
- Finland (9.5K units)
- Russia (2.5K units)
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Germany
In 2022, purchases abroad of reciprocating or rotary internal combustion piston engineses was finally on the rise to reach 1.6M units after two years of decline. Overall, imports, however, continue to indicate a deep contraction. Over the period under review, imports of reached the peak figure at 2M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of reciprocating or rotary internal combustion piston engineses skyrocketed to $3.6B in 2022. Over the period under review, imports, however, saw a perceptible slump. Over the period under review, imports of attained the peak figure at $4B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1,840 | 1,231 | 1,289 | 1,319 | -10.5% |
| Austria | 1,145 | 1,019 | 1,086 | 1,176 | 0.9% |
| Poland | 12.8 | 63.3 | 181 | 505 | 240.4% |
| United Kingdom | 334 | 133 | 146 | 159 | -21.9% |
| Romania | 208 | 102 | 38.2 | 96.4 | -22.6% |
| China | 62.0 | 92.5 | 60.5 | 62.5 | 0.3% |
| Belgium | 9.3 | 28.4 | 39.6 | 41.6 | 64.8% |
| United States | 163 | 107 | 40.1 | 34.9 | -40.2% |
| Others | 216 | 153 | 193 | 212 | -0.6% |
| Total | 3,991 | 2,930 | 3,073 | 3,606 | -3.3% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Germany in 2022:
- Hungary (542.2K units)
- Austria (422.1K units)
- Poland (179.6K units)
- China (95.9K units)
- Belgium (86.8K units)
- United Kingdom (64.9K units)
- Romania (61.1K units)
- United States (49.6K units)
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