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

Contents:

  1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in France (FOB) - 2022
  2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in France (CIF) - 2023
  3. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in France
  4. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in France

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

In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $3,860 per unit, increasing by 6.7% against the previous year. In general, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 71% against the previous year. The export price peaked at $9,928 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($5,965 per unit), while the average price for exports to Morocco ($1,386 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 South Korea (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In November 2023, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $6,619 per unit, rising by 17% against the previous month. In general, import price indicated a notable increase from December 2022 to November 2023: its price increased at an average monthly rate of +4.0% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) increased by +21.5% against June 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 65% m-o-m. The import price peaked in 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 the United States ($14,732 per unit), while the price for India ($1,978 per unit) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+16.4%), 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) in France

In 2022, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -3.2% to 567K units, falling for the second consecutive year after two years of growth. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 69%. As a result, the exports reached the peak of 594K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) totaled $2.2B in 2022. Overall, exports saw a perceptible decline. The growth pace was the most rapid in 2021 when exports increased by 9.3% against the previous year. The exports peaked at $2.4B in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain775688779563-10.1%
Italy2452283223219.4%
Germany250109147235-2.0%
United Kingdom15012951.71653.2%
Belgium92.087.41091147.4%
Argentina29.037.570.584.242.7%
Netherlands59.758.777.275.58.1%
Turkey27.229.227.152.824.7%
South Korea61.328.456.044.1-10.4%
Morocco4.73.24.241.0105.9%
Portugal44.633.327.429.8-12.6%
Brazil56.725.245.527.9-21.1%
Slovakia12210711.84.3-67.2%
Others505375389430-5.2%
Total2,4221,9372,1172,188-3.3%

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

  1. Spain (131.2K units)
  2. United Kingdom (83.3K units)
  3. Italy (63.8K units)
  4. Germany (49.6K units)
  5. Argentina (30.1K units)
  6. Morocco (29.6K units)
  7. Belgium (24.1K units)
  8. Netherlands (23.1K units)
  9. Portugal (18.1K units)
  10. Turkey (14.6K units)
  11. Brazil (12.6K units)
  12. South Korea (7.4K units)
  13. Slovakia (2.1K units)

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in France

In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) into France skyrocketed to 528K units, picking up by 16% compared with 2021 figures. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) totaled $1.7B in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 32%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden4453485305557.6%
Japan2091472062323.5%
Germany1621372031874.9%
United Kingdom12261.196.41312.4%
Spain237196221120-20.3%
Italy10687.098.481.5-8.4%
Finland61.157.969.871.95.6%
India11.311.12.350.764.9%
Others2142102322383.6%
Total1,5681,2561,6581,6672.1%

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

  1. Japan (152.7K units)
  2. Sweden (72.1K units)
  3. Italy (66.1K units)
  4. Spain (65.5K units)
  5. Germany (37.2K units)
  6. United Kingdom (34.8K units)
  7. India (32.8K units)
  8. Finland (12.6K units)

Source: IndexBox Market Intelligence Platform

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