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

Contents:

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

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Greece (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 $8,350 per unit, growing by 66% against the previous year. Over the period under review, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 123%. The import price peaked at $9,311 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($32,494 per unit), while the price for China ($1,035 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.8%), 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) for Marine Propulsion in Greece (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $12,794 per unit in 2022, which is down by -22.8% against the previous year. In general, the export price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2017 an increase of 184% against the previous year. Over the period under review, the average export prices reached the maximum at $33,932 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($37,627 per unit), while the average price for exports to Italy ($4,422 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 Albania (+44.7%), 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) for Marine Propulsion in Greece

In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion into Greece skyrocketed to 1.3K units, rising by 26% on the previous year's figure. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +102.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion skyrocketed to $11M in 2022. In general, imports continue to indicate a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (363.0 units)
2. Sweden (199.0 units)
3. Netherlands (177.0 units)
4. United Kingdom (143.0 units)
5. Belgium (121.0 units)
6. United States (67.0 units)
7. South Korea (61.0 units)
8. France (55.0 units)
9. Germany (22.0 units)
10. Japan (8.0 units)

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

In 2022, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -12.1% to 29 units, falling for the second consecutive year after two years of growth. In general, exports showed a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 7.1%. As a result, the exports reached the peak of 45 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion contracted sharply to $371K in 2022. Over the period under review, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. Over the period under review, the exports of attained the peak figure at $731K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. United Kingdom (7.0 units)
2. Albania (6.0 units)
3. Turkey (5.0 units)
4. Tunisia (5.0 units)
5. Bulgaria (2.0 units)
6. Italy (1.0 units)
7. Croatia (1.0 units)
8. Cyprus (1.0 units)

Source: IndexBox Market Intelligence Platform