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

Contents:

1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Mexico (FOB) - 2023
2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Mexico (CIF) - 2023
3. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Mexico
4. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Mexico

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Mexico (FOB) - 2023

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $10,593 per unit in October 2023, remaining constant against the previous month. In general, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $12,121 per unit in August 2023; afterwards, it flattened through to October 2023.

As there is only one major export destination, the average price level is determined by prices for the United States.

From January 2023 to October 2023, the rate of growth in terms of prices for the United States amounted to -0.5% per month.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Mexico (CIF) - 2023

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $12,947 per unit in October 2023, therefore, remained relatively stable against the previous month. Overall, the import price saw a prominent expansion. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 630% month-to-month. As a result, import price reached the peak level of $31,715 per unit; afterwards, it flattened through to October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Japan ($15,965 per unit), while the price for the United States stood at $5,234 per unit.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the United States (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion from Mexico soared to 398 units, increasing by 86% against the previous year's figure. In general, exports, however, showed a sharp reduction. Over the period under review, the exports of hit record highs at 1.4K units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion soared to $5.1M in 2022. Over the period under review, exports, however, saw a significant decline. The exports peaked at $16M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

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

1. United States (398.0 units)

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

After two years of decline, purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion increased by 76% to 190 units in 2022. Overall, imports, however, saw a dramatic decrease. Imports peaked at 427 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) for marine propulsion shrank dramatically to $1.5M in 2022. In general, imports, however, continue to indicate a precipitous curtailment. The smallest decline of -12% was in 2021. Over the period under review, imports of reached the peak figure at $6.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. United States (186.0 units)
2. China (4.0 units)

Source: IndexBox Market Intelligence Platform