Tunisia: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Tunisia

In 2022, the Tunisian market for diesel engines (other than for motor vehicles and aircraft) decreased by X% to $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption, however, posted a pronounced increase. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Tunisia

In value terms, production of diesel engines (other than for motor vehicles and aircraft) shrank to $X in 2022 estimated in export price. In general, production, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. Production of peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Exports from Tunisia

In 2022, after two years of decline, there was significant decline in overseas shipments of diesel engines (other than for motor vehicles and aircraft), when their volume decreased by X% to X units. In general, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of diesel engines (other than for motor vehicles and aircraft) dropped sharply to $X in 2022. Overall, exports recorded a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then contracted significantly in the following year.

Exports by Country

Nigeria (X units) was the main destination for exports of diesel engines (other than for motor vehicles and aircraft) from Tunisia, with a X% share of total exports. Moreover, exports of diesel engines (other than for motor vehicles and aircraft) to Nigeria exceeded the volume sent to the second major destination, Libya (X units), more than tenfold. Algeria (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Libya (X% per year) and Algeria (X% per year).

In value terms, Algeria ($X), Nigeria ($X) and Italy ($X) appeared to be the largest markets for diesel engines (other than for motor vehicles and aircraft) exported from Tunisia worldwide, with a combined X% share of total exports.

Nigeria, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable descent. The growth pace was the most rapid in 2018 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Algeria ($X per unit), while the average price for exports to Nigeria ($X 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 Italy (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Imports into Tunisia

In 2022, after five years of decline, there was significant decline in purchases abroad of diesel engines (other than for motor vehicles and aircraft), when their volume decreased by X% to X units. Overall, imports showed a noticeable setback. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of diesel engines (other than for motor vehicles and aircraft) fell dramatically to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

France (X units), China (X units) and Italy (X units) were the main suppliers of imports of diesel engines (other than for motor vehicles and aircraft) to Tunisia, together comprising X% of total imports. Thailand, Japan, Sweden, the United States and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Thailand (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Japan ($X) and Italy ($X) appeared to be the largest diesel engines (other than for motor vehicles and aircraft) suppliers to Tunisia, together accounting for X% of total imports. China, Sweden, the United States, the UK and Thailand lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for diesel engines (other than for motor vehicles and aircraft) stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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