Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Spain - 2023

Contents:

1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Spain (CIF) - 2022
2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Spain (FOB) - 2022
3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Spain
4. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Spain

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Spain (CIF) - 2022

In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $8,736 per unit, dropping by -17.7% against the previous year. Over the period under review, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 30%. As a result, import price reached the peak level of $45,412 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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 ($186,470 per unit), while the price for Finland ($631 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Spain (FOB) - 2022

In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $12,471 per unit, picking up by 41% against the previous year. In general, the export price, however, saw a noticeable slump. The growth pace was the most rapid in 2015 when the average export price increased by 132% against the previous year. As a result, the export price attained the peak level of $28,679 per unit. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($23,101 per unit), while the average price for exports to Poland ($3,586 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 Saudi Arabia (+24.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Spain

In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion imported into Spain soared to 5.5K units, rising by 90% on 2021. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion soared to $48M in 2022. In general, imports, however, saw a abrupt slump. Over the period under review, imports of reached the maximum at $61M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Spain in 2022:

1. Netherlands (2222.0 units)
2. Sweden (1458.0 units)
3. France (445.0 units)
4. Norway (303.0 units)
5. Japan (207.0 units)
6. China (193.0 units)
7. United Kingdom (175.0 units)
8. South Korea (173.0 units)
9. Germany (45.0 units)
10. Finland (1.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Spain

In 2022, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion from Spain plummeted to 1.3K units, with a decrease of -15.3% compared with the previous year. Overall, exports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. As a result, the exports attained the peak of 1.5K units, and then contracted dramatically in the following year.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion skyrocketed to $16M in 2022. The total export value increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion from Spain in 2022:

1. Saudi Arabia (396.0 units)
2. Netherlands (237.0 units)
3. Morocco (114.0 units)
4. France (106.0 units)
5. United Kingdom (75.0 units)
6. Portugal (69.0 units)
7. Sweden (35.0 units)
8. Greece (23.0 units)
9. Tunisia (21.0 units)
10. Poland (20.0 units)
11. Gibraltar (20.0 units)
12. South Africa (1.0 units)

Source: IndexBox Market Intelligence Platform