Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt - 2023

Contents:

  1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt (CIF) - 2023
  2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt (FOB) - 2022
  3. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Egypt
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China12.08.06.37.9-13.0%
United States3.33.74.57.833.2%
Germany8.43.65.67.3-4.6%
United Arab Emirates6.73.64.06.6-0.5%
Italy2.32.11.53.413.9%
Kuwait0.10.11.13.1214.1%
Hong Kong SAR0.50.20.12.979.7%
South Korea3.72.51.02.8-8.9%
Saudi Arabia1.40.40.22.114.5%
Greece1.31.00.81.30.0%
Thailand0.50.50.41.233.9%
Australia0.70.50.30.5-10.6%
Czech RepublicN/AN/A0.20.5150.0%
Others40.329.034.431.9-7.5%
Total81.055.260.279.4-0.7%

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Egypt in 2022:

  1. United Arab Emirates (1154.0 units)
  2. Australia (639.0 units)
  3. Italy (546.0 units)
  4. Thailand (464.0 units)
  5. South Korea (428.0 units)
  6. United States (392.0 units)
  7. Czech Republic (303.0 units)
  8. Greece (280.0 units)
  9. Hong Kong SAR (247.0 units)
  10. China (192.0 units)
  11. Kuwait (188.0 units)
  12. Germany (169.0 units)
  13. 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)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A1,006N/A98.2-68.8%
GermanyN/A7.97.931.7100.3%
United Arab EmiratesN/AN/AN/A24.50%
Saudi ArabiaN/A2.0N/A5.159.7%
SudanN/A65.40.13.1-78.2%
AngolaN/AN/AN/A0.30%
TurkeyN/AN/AN/A0.20%
Hong Kong SARN/A120N/AN/A0%
United KingdomN/A1,797N/AN/A0%
MexicoN/A1,316N/AN/A0%
United StatesN/A1,723391N/A-77.3%
Others24.62.7206N/A189.4%
Total24.66,03960516387.8%

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

  1. Italy (6.0 units)
  2. Germany (4.0 units)
  3. United Arab Emirates (3.0 units)
  4. Turkey (1.0 units)
  5. Saudi Arabia (1.0 units)
  6. Angola (1.0 units)
  7. Sudan (1.0 units)

Source: IndexBox Market Intelligence Platform

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