Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Hungary - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Hungary (FOB) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Hungary (CIF) - 2022
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Hungary
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Hungary
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Hungary (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $3,710 per unit in 2022, declining by -10.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth was the most pronounced in 2013 when the average export price increased by 13% against the previous year. The export price peaked at $4,163 per unit in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($4,262 per unit), while the average price for exports to the UK ($1,742 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 Mexico (+17.3%), 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 Hungary (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $7,599 per unit, increasing by 43% against the previous year. Over the period under review, the import price enjoyed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($10,828 per unit), while the price for China ($962 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.5%), 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 Hungary
After two years of decline, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) increased by 6.2% to 346K units in 2022. Overall, exports, however, saw a abrupt shrinkage. The exports peaked at 509K units in 2019; however, from 2020 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) shrank to $1.3B in 2022. Over the period under review, exports, however, showed a drastic downturn. Over the period under review, the exports of hit record highs at $1.8B 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 Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,040 | 764 | 646 | 659 | -14.1% |
| Mexico | 202 | 172 | 243 | 290 | 12.8% |
| Czech Republic | 116 | 154 | 143 | 125 | 2.5% |
| Slovakia | 343 | 269 | 193 | 120 | -29.5% |
| Argentina | 0.3 | 66.8 | 123 | 81.6 | 547.9% |
| United Kingdom | 47.2 | 0.2 | 0.1 | 0.2 | -83.8% |
| Spain | 40.3 | 25.0 | N/A | N/A | -38.0% |
| Others | 36.5 | 16.4 | 7.5 | 6.5 | -43.7% |
| Total | 1,826 | 1,468 | 1,356 | 1,283 | -11.1% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Hungary in 2022:
- Germany (185.4K units)
- Mexico (68.1K units)
- Czech Republic (36.7K units)
- Slovakia (28.3K units)
- Argentina (21.9K units)
- United Kingdom (0.1K units)
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Hungary
In 2022, supplies from abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -11.6% to 37K units, falling for the second consecutive year after two years of growth. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 6% against the previous year. As a result, imports reached the peak of 58K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) surged to $282M in 2022. Over the period under review, imports continue to indicate a perceptible shrinkage. Over the period under review, imports of reached the maximum at $311M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 181 | 143 | 125 | 144 | -7.3% |
| Spain | 112 | 76.9 | 73.8 | 110 | -0.6% |
| Italy | 5.7 | 5.8 | 5.8 | 7.3 | 8.6% |
| Poland | 0.2 | 2.3 | 5.4 | 5.9 | 209.0% |
| China | N/A | N/A | 1.8 | 2.9 | 61.1% |
| United Kingdom | 1.4 | 1.2 | 0.9 | 1.1 | -7.7% |
| Others | 10.6 | 9.9 | 10.1 | 9.9 | -2.3% |
| Total | 311 | 239 | 223 | 282 | -3.2% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Hungary in 2022:
- Germany (14.9K units)
- Spain (11.8K units)
- Poland (3.2K units)
- China (3.0K units)
- Italy (0.7K units)
- United Kingdom (0.7K units)
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