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

Contents:

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

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Luxembourg (FOB) - 2022

In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $45,153 per unit, leveling off at the previous year. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 199%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($60,171 per unit), while the average price for exports to the United Arab Emirates totaled $98 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+21.0%), while the prices for the other major destinations experienced a decline.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Luxembourg (CIF) - 2022

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $6,536 per unit in 2022, jumping by 77% against the previous year. Over the period under review, the import price, however, showed a deep downturn. The growth pace was the most rapid in 2016 when the average import price increased by 167%. Over the period under review, average import prices attained the peak figure at $18,892 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($11,810 per unit), while the price for Sweden ($2,214 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+56.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by 0% to 4 units in 2022. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $181K in 2022. Overall, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the near future.

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

1. Germany (3.0 units)
2. United Arab Emirates (1.0 units)

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

In 2022, purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -34.1% to 27 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 78%. As a result, imports attained the peak of 41 units, and then dropped markedly in the following year.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion skyrocketed to $176K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 210% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

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

1. France (11.0 units)
2. Belgium (10.0 units)
3. Germany (5.0 units)
4. Sweden (1.0 units)

Source: IndexBox Market Intelligence Platform