Price for Reciprocating or Rotary Internal Combustion Piston Engines in Sweden - 2024

Contents:

  1. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Sweden (FOB) - 2022
  2. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Sweden (CIF) - 2022
  3. Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Sweden
  4. Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Sweden

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Sweden (FOB) - 2022

The average export price for reciprocating or rotary internal combustion piston engineses stood at $2,412 per unit in 2022, falling by -4.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 17%. The export price peaked at $2,611 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($3,220 per unit), while the average price for exports to Nigeria ($132 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 China (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Sweden (CIF) - 2022

The average import price for reciprocating or rotary internal combustion piston engineses stood at $1,726 per unit in 2022, rising by 171% against the previous year. Over the period under review, the import price continues to indicate a modest increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($3,540 per unit), while the price for Bulgaria ($326 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Sweden

Exports of reciprocating or rotary internal combustion piston engineses from Sweden declined to 114K units in 2022, with a decrease of -6.6% compared with 2021 figures. Over the period under review, exports faced a deep reduction. Over the period under review, the exports of hit record highs at 200K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of reciprocating or rotary internal combustion piston engineses fell to $282M in 2022. In general, exports saw a abrupt shrinkage. The smallest decline of -10.1% was in 2020. Over the period under review, the exports of attained the maximum at $499M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Reciprocating or Rotary Internal Combustion Piston Engines in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium268224134160-15.8%
China11115010259.1-18.9%
United States98.559.750.633.9-29.9%
Norway3.02.75.64.413.6%
Finland1.31.51.81.913.5%
Benin0.40.40.50.2-20.6%
Others17.110.320.222.59.6%
Total499448315282-17.3%

Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Sweden in 2022:

  1. Belgium (65.4K units)
  2. China (18.3K units)
  3. United States (12.5K units)
  4. Norway (2.3K units)
  5. Finland (2.1K units)
  6. Benin (1.5K units)

Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Sweden

In 2022, overseas purchases of reciprocating or rotary internal combustion piston engineses decreased by -57.5% to 59K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 63% against the previous year. Imports peaked at 139K units in 2021, and then contracted rapidly in the following year.

In value terms, imports of reciprocating or rotary internal combustion piston engineses shrank to $99M in 2022. The total import value increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 29%. As a result, imports reached the peak of $99M, leveling off in the following year.

Import of Reciprocating or Rotary Internal Combustion Piston Engines in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium13.017.531.140.746.3%
Germany21.721.024.617.2-7.5%
Japan10.410.812.414.511.7%
United States14.412.314.08.0-17.8%
China4.94.74.64.1-5.8%
Netherlands2.12.02.44.024.0%
Thailand1.31.52.02.930.7%
BulgariaN/A0.1N/A1.0216.2%
Italy0.40.70.50.57.7%
Others3.46.07.36.121.5%
Total71.676.498.998.911.4%

Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Sweden in 2022:

  1. Belgium (12.3K units)
  2. China (12.0K units)
  3. Japan (8.8K units)
  4. Germany (4.9K units)
  5. Netherlands (3.4K units)
  6. United States (3.0K units)
  7. Bulgaria (3.0K units)
  8. Thailand (2.9K units)
  9. Italy (1.9K units)

Source: IndexBox Market Intelligence Platform

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