Price for Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia (FOB) - 2024
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia (CIF) - 2022
In 2022, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $1,003 per unit, approximately mirroring the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 64%. The import price peaked at $1,161 per unit in 2019; however, from 2020 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 the UK ($4,019 per unit), while the price for China ($96 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia (FOB) - 2024
The average export price for reciprocating or rotary internal combustion piston engineses stood at $2,474 per unit in January 2024, remaining relatively unchanged against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 21% m-o-m. The export price peaked at $2,532 per unit in September 2023; afterwards, it flattened through to January 2024.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($3,868 per unit), while the average price for exports to Russia ($1,637 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 UK (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia
In 2022, imports of reciprocating or rotary internal combustion piston engineses into Slovakia declined to 988K units, waning by -13.3% against the previous year's figure. In general, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 0.8%. Over the period under review, imports of hit record highs at 1.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of reciprocating or rotary internal combustion piston engineses dropped to $1B in 2022. Overall, imports showed a deep reduction. The smallest decline of -1.8% was in 2021. Imports peaked at $1.4B in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 615 | 535 | 378 | 326 | -19.1% |
| South Korea | 256 | 247 | 375 | 286 | 3.8% |
| United Kingdom | 58.6 | 158 | 204 | 237 | 59.3% |
| Germany | 158 | 90.6 | 81.1 | 89.7 | -17.2% |
| China | 156 | 86.3 | 44.9 | 47.9 | -32.5% |
| Belgium | N/A | 14.3 | 15.6 | 13.8 | -1.8% |
| Poland | N/A | N/A | 0.1 | 4.8 | 4700.0% |
| United States | 13.3 | 10.6 | 6.0 | 2.2 | -45.1% |
| Others | 93.1 | 10.9 | 27.5 | 6.2 | -59.5% |
| Total | 1,351 | 1,152 | 1,132 | 1,014 | -9.1% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Slovakia in 2022:
- China (500.2K units)
- South Korea (144.3K units)
- Hungary (106.0K units)
- Belgium (76.0K units)
- United Kingdom (58.9K units)
- Germany (45.5K units)
- Poland (28.5K units)
- United States (18.5K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia
In 2022, the amount of reciprocating or rotary internal combustion piston engineses exported from Slovakia contracted to 209K units, waning by -7.7% on 2021 figures. Overall, total exports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, the exports attained the peak of 226K units, and then declined in the following year.
In value terms, exports of reciprocating or rotary internal combustion piston engineses dropped to $464M in 2022. In general, exports, however, posted strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 114% against the previous year. As a result, the exports reached the peak of $514M, and then declined in the following year.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 182 | 146 | 434 | 437 | 33.9% |
| Turkey | 5.1 | 3.2 | 12.9 | 10.2 | 26.0% |
| Russia | 79.8 | 48.4 | 20.2 | 8.2 | -53.2% |
| India | 24.5 | 29.3 | 39.2 | 3.6 | -47.2% |
| Others | 6.3 | 12.3 | 7.5 | 5.2 | -6.2% |
| Total | 298 | 240 | 514 | 464 | 15.9% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Slovakia in 2022:
- Czech Republic (191.8K units)
- Russia (6.9K units)
- Turkey (4.3K units)
- India (2.9K units)
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