Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt (CIF) - 2023
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt (CIF) - 2023
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $14,485 per unit in November 2023, surging by 25% against the previous month. In general, the import price, however, continues to indicate a mild decrease. The import price peaked at $16,613 per unit in August 2023; afterwards, it flattened through to November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Sweden ($12,014 per unit), while the price for Italy ($6,802 per unit) was amongst the lowest.
From June 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), 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 Egypt (FOB) - 2022
In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $9,593 per unit, with an increase of 13% against the previous year. Overall, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2018 an increase of 596%. Over the period under review, the average export prices hit record highs at $13,201 per unit in 2015; however, from 2016 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 Italy ($16,362 per unit), while the average price for exports to Turkey ($203 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 the United States (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt
In 2022, supplies from abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) was finally on the rise to reach 6.3K units after two years of decline. Over the period under review, imports, however, saw a abrupt downturn. Over the period under review, imports of reached the maximum at 11K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) skyrocketed to $79M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports of reached the peak figure at $81M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 12.0 | 8.0 | 6.3 | 7.9 | -13.0% |
United States | 3.3 | 3.7 | 4.5 | 7.8 | 33.2% |
Germany | 8.4 | 3.6 | 5.6 | 7.3 | -4.6% |
United Arab Emirates | 6.7 | 3.6 | 4.0 | 6.6 | -0.5% |
Italy | 2.3 | 2.1 | 1.5 | 3.4 | 13.9% |
Kuwait | 0.1 | 0.1 | 1.1 | 3.1 | 214.1% |
Hong Kong SAR | 0.5 | 0.2 | 0.1 | 2.9 | 79.7% |
South Korea | 3.7 | 2.5 | 1.0 | 2.8 | -8.9% |
Saudi Arabia | 1.4 | 0.4 | 0.2 | 2.1 | 14.5% |
Greece | 1.3 | 1.0 | 0.8 | 1.3 | 0.0% |
Thailand | 0.5 | 0.5 | 0.4 | 1.2 | 33.9% |
Australia | 0.7 | 0.5 | 0.3 | 0.5 | -10.6% |
Czech Republic | N/A | N/A | 0.2 | 0.5 | 150.0% |
Others | 40.3 | 29.0 | 34.4 | 31.9 | -7.5% |
Total | 81.0 | 55.2 | 60.2 | 79.4 | -0.7% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Egypt in 2022:
- United Arab Emirates (1154.0 units)
- Australia (639.0 units)
- Italy (546.0 units)
- Thailand (464.0 units)
- South Korea (428.0 units)
- United States (392.0 units)
- Czech Republic (303.0 units)
- Greece (280.0 units)
- Hong Kong SAR (247.0 units)
- China (192.0 units)
- Kuwait (188.0 units)
- Germany (169.0 units)
- Saudi Arabia (161.0 units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt
In 2022, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -76.1% to 17 units, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 15,483%. As a result, the exports reached the peak of 935 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) shrank dramatically to $163K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 24,418% against the previous year. As a result, the exports attained the peak of $6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | 1,006 | N/A | 98.2 | -68.8% |
Germany | N/A | 7.9 | 7.9 | 31.7 | 100.3% |
United Arab Emirates | N/A | N/A | N/A | 24.5 | 0% |
Saudi Arabia | N/A | 2.0 | N/A | 5.1 | 59.7% |
Sudan | N/A | 65.4 | 0.1 | 3.1 | -78.2% |
Angola | N/A | N/A | N/A | 0.3 | 0% |
Turkey | N/A | N/A | N/A | 0.2 | 0% |
Hong Kong SAR | N/A | 120 | N/A | N/A | 0% |
United Kingdom | N/A | 1,797 | N/A | N/A | 0% |
Mexico | N/A | 1,316 | N/A | N/A | 0% |
United States | N/A | 1,723 | 391 | N/A | -77.3% |
Others | 24.6 | 2.7 | 206 | N/A | 189.4% |
Total | 24.6 | 6,039 | 605 | 163 | 87.8% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Egypt in 2022:
- Italy (6.0 units)
- Germany (4.0 units)
- United Arab Emirates (3.0 units)
- Turkey (1.0 units)
- Saudi Arabia (1.0 units)
- Angola (1.0 units)
- Sudan (1.0 units)
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