Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina (CIF) - 2023
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina (FOB) - 2023
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina (CIF) - 2023
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $3,524 per unit in June 2023, reducing by -5.8% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 7.4% m-o-m. As a result, import price reached the peak level of $3,742 per unit, and then shrank in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Brazil ($8,625 per unit), while the price for Spain ($1,816 per unit) was amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina (FOB) - 2023
In May 2023, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $9,227 per unit, with an increase of 12% against the previous month. Over the last five-month period, it increased at an average monthly rate of +1.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From December 2022 to May 2023, the rate of growth in terms of prices for Brazil amounted to +1.8% per month.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina
In 2022, approx. 177K units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) were imported into Argentina; growing by 5.1% against 2021. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 76%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) reached $639M in 2022. In general, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 87% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 160 | 126 | 237 | 306 | 24.1% |
France | 31.0 | 42.5 | 77.3 | 82.8 | 38.7% |
Hungary | 82.8 | 56.6 | 128 | 80.3 | -1.0% |
Germany | 89.8 | 51.4 | 92.4 | 73.9 | -6.3% |
Brazil | 19.1 | 24.4 | 34.5 | 40.8 | 28.8% |
Others | 30.0 | 21.2 | 34.4 | 55.3 | 22.6% |
Total | 413 | 322 | 604 | 639 | 15.7% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Argentina in 2022:
- Thailand (77.9K units)
- Germany (32.8K units)
- France (31.5K units)
- Hungary (21.0K units)
- Brazil (6.3K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina
In 2022, approx. 43K units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) were exported from Argentina; increasing by 14% on 2021 figures. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 65%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) soared to $331M in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 73% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 180 | 153 | 265 | 331 | 22.5% |
Others | 1.7 | 0.5 | N/A | 0.5 | -33.5% |
Total | 182 | 153 | 265 | 331 | 22.1% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Argentina in 2022:
- Brazil (43.0K units)
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