Price for Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg (CIF) - 2022
In 2022, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $3,015 per unit, approximately reflecting the previous year. Overall, the import price recorded a temperate increase. The most prominent rate of growth was recorded in 2021 an increase of 119%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($5,148 per unit), while the price for Spain ($18 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $6,397 per unit, falling by -12.2% against the previous year. In general, the export price, however, showed a temperate increase. The pace of growth was the most pronounced in 2018 an increase of 742%. Over the period under review, the average export prices attained the peak figure at $7,289 per unit in 2021, and then declined in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($57,508 per unit), while the average price for exports to Italy ($61 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 Germany (+31.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg
Imports of reciprocating or rotary internal combustion piston engineses into Luxembourg contracted rapidly to 628 units in 2022, with a decrease of -31.1% on 2021 figures. In general, imports showed a dramatic decline. The pace of growth was the most pronounced in 2021 when imports increased by 0.4% against the previous year. Over the period under review, imports of attained the peak figure at 1.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of reciprocating or rotary internal combustion piston engineses contracted to $1.9M in 2022. Overall, imports saw a mild slump. The pace of growth was the most pronounced in 2021 when imports increased by 21% against the previous year. As a result, imports attained the peak of $2.1M, and then declined in the following year.
Import of Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 596 | 356 | 345 | 580 | -0.9% |
Germany | 645 | 691 | 617 | 505 | -7.8% |
Belgium | 243 | 313 | 347 | 336 | 11.4% |
Brazil | N/A | N/A | N/A | 108 | 0% |
United States | 142 | 122 | 52.7 | 95.9 | -12.3% |
Italy | 85.6 | 23.2 | 5.2 | 81.6 | -1.6% |
United Arab Emirates | N/A | N/A | 208 | 21.8 | -89.5% |
Netherlands | 19.2 | 13.0 | 184 | 8.9 | -22.6% |
Others | 213 | 240 | 368 | 141 | -12.8% |
Total | 1,945 | 1,759 | 2,126 | 1,878 | -1.2% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Luxembourg in 2022:
- France (233.0 units)
- Germany (191.0 units)
- Belgium (96.0 units)
- Italy (23.0 units)
- Brazil (21.0 units)
- United States (21.0 units)
- United Arab Emirates (7.0 units)
- Netherlands (5.0 units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg
In 2022, overseas shipments of reciprocating or rotary internal combustion piston engineses were finally on the rise to reach 305 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt downturn. The exports peaked at 370 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 skyrocketed to $1.1M in 2022. In general, exports posted resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Reciprocating or Rotary Internal Combustion Piston Engines in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 211 | 233 | 192 | 384 | 22.1% |
Canada | N/A | N/A | N/A | 257 | 0% |
Germany | 113 | 8.2 | N/A | 230 | 26.7% |
France | 229 | 114 | 75.1 | 195 | -5.2% |
Sweden | N/A | N/A | N/A | 13.5 | 0% |
Malaysia | 20.5 | N/A | 254 | 11.2 | -18.2% |
Italy | 56.3 | 5.7 | N/A | 0.1 | -87.9% |
Others | 102 | 155 | 128 | 48.2 | -22.1% |
Total | 731 | 515 | 649 | 1,139 | 15.9% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Luxembourg in 2022:
- Belgium (172.0 units)
- Canada (58.0 units)
- France (52.0 units)
- Sweden (7.0 units)
- Germany (4.0 units)
- Italy (1.0 units)
- Malaysia (1.0 units)
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