Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iraq - 2022
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iraq (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iraq (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iraq
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iraq
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iraq (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $1,707 per unit, picking up by 34% against the previous year. Over the period under review, the import price, however, showed a slight contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by 48% against the previous year. The import price peaked at $2,239 per unit in 2013; however, from 2014 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 Italy ($11,041 per unit), while the price for Sweden ($283 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+512,362.6%), 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) in Iraq (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $6,571 per unit in 2022, jumping by 21% against the previous year. Over the period under review, the export price continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 1,311% against the previous year. The export price peaked at $14,312 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($21,693 per unit), while the average price for exports to Iran ($1,534 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 Angola (+34.0%), 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) in Iraq
In 2022, supplies from abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -10% to 25K units, falling for the second year in a row after two years of growth. In general, imports recorded a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of 38K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) skyrocketed to $43M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iraq (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 6.7 | 5.0 | 11.4 | 14.7 | 29.9% |
| Italy | 2.6 | 1.0 | 1.7 | 5.9 | 31.4% |
| China | 3.8 | 5.1 | 4.9 | 5.0 | 9.6% |
| India | 3.0 | 2.5 | 4.3 | 4.2 | 11.9% |
| United Kingdom | 2.2 | 1.3 | 3.3 | 4.1 | 23.1% |
| Poland | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
| Malaysia | 1.4 | 0.8 | 0.5 | 0.2 | -47.7% |
| Germany | 0.2 | 7.5 | 0.2 | 0.2 | 0.0% |
| Saudi Arabia | N/A | N/A | N/A | N/A | 0% |
| Others | 13.9 | 13.6 | 9.4 | 8.9 | -13.8% |
| Total | 33.9 | 37.1 | 35.9 | 43.3 | 8.5% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Iraq in 2022:
- United Arab Emirates (8.2K units)
- India (7.5K units)
- China (3.5K units)
- United Kingdom (1.4K units)
- Malaysia (0.7K units)
- Poland (0.6K units)
- Italy (0.5K units)
- Germany (0.1K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iraq
Exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) from Iraq soared to 28 units in 2022, rising by 47% against the previous year's figure. Overall, exports, however, continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2021 when exports increased by 375%. The exports peaked at 31 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) surged to $184K in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 351%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 48.8 | 16.5 | 80.5 | 108 | 30.3% |
| Iran | 11.3 | 2.8 | 8.0 | 15.3 | 10.6% |
| Georgia | N/A | N/A | N/A | 10.8 | 0% |
| Germany | 19.8 | 1.5 | 0.1 | 9.9 | -20.6% |
| Turkey | 17.7 | 2.1 | 5.5 | 9.5 | -18.7% |
| United Arab Emirates | N/A | N/A | N/A | 1.9 | 0% |
| Azerbaijan | N/A | N/A | 9.2 | N/A | 0% |
| Others | 5.3 | N/A | N/A | 28.2 | 74.6% |
| Total | 103 | 22.9 | 103 | 184 | 21.3% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Iraq in 2022:
- Iran (10.0 units)
- United States (5.0 units)
- Germany (5.0 units)
- Georgia (4.0 units)
- Turkey (3.0 units)
- United Arab Emirates (1.0 units)
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