Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland (CIF) - 2023
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland (CIF) - 2023
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $2,680 per unit in November 2023, with an increase of 14% against the previous month. Overall, the import price saw a slight expansion. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 159% month-to-month. As a result, import price attained the peak level of $5,663 per unit; afterwards, it flattened through to November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($7,400 per unit), while the price for Japan ($1,693 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 the UK (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland (FOB) - 2022
In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $2,796 per unit, dropping by -21.8% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2019 an increase of 73% against the previous year. The export price peaked at $14,781 per unit in 2012; however, from 2013 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 the UK ($7,062 per unit), while the average price for exports to Togo ($331 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 Mauritania (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland
In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) imported into Ireland skyrocketed to 45K units, picking up by 83% against the year before. Over the period under review, imports, however, continue to indicate a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 303% against the previous year. Imports peaked at 47K 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) skyrocketed to $100M in 2022. Overall, imports saw a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 222% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 57.0 | 1.6 | 22.5 | 57.1 | 0.1% |
| United Kingdom | 3.3 | 3.9 | 14.1 | 20.5 | 83.8% |
| Italy | 12.4 | 6.3 | 11.8 | 16.1 | 9.1% |
| Germany | 2.2 | 1.5 | 1.0 | 2.7 | 7.1% |
| Others | 2.9 | 3.6 | 4.9 | 3.9 | 10.4% |
| Total | 77.9 | 16.9 | 54.3 | 100 | 8.7% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Ireland in 2022:
- Japan (34.3K units)
- United Kingdom (4.8K units)
- Italy (4.2K units)
- Germany (0.5K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland
In 2022, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) from Ireland soared to 3.1K units, growing by 44% compared with the previous year's figure. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 88% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $8.7M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 118%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 229 | 1,519 | 5,117 | 5,035 | 180.1% |
| Germany | 82.8 | 411 | 134 | 447 | 75.4% |
| Nigeria | 14.6 | N/A | 86.3 | 341 | 185.8% |
| Ghana | 8.4 | 22.7 | 121 | 252 | 210.7% |
| Mauritania | N/A | N/A | N/A | 221 | 0% |
| United States | 99.7 | 2.5 | 98.1 | 212 | 28.6% |
| Cote d'Ivoire | N/A | N/A | 33.0 | 185 | 460.6% |
| France | 11.7 | 299 | 19.4 | 183 | 150.1% |
| Togo | N/A | N/A | 14.2 | 114 | 702.8% |
| Cameroon | N/A | N/A | 28.0 | 106 | 278.6% |
| South Africa | 141 | 181 | 243 | 79.7 | -17.3% |
| Guinea | N/A | N/A | 86.4 | 36.5 | -57.8% |
| Benin | N/A | N/A | 67.6 | 32.7 | -51.6% |
| Others | 2,652 | 4,642 | 1,654 | 1,411 | -19.0% |
| Total | 3,239 | 7,078 | 7,702 | 8,656 | 38.8% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Ireland in 2022:
- United Kingdom (713.0 units)
- Ghana (512.0 units)
- Togo (344.0 units)
- Cameroon (283.0 units)
- Cote d'Ivoire (177.0 units)
- Germany (143.0 units)
- Nigeria (135.0 units)
- United States (108.0 units)
- Benin (92.0 units)
- Guinea (88.0 units)
- South Africa (52.0 units)
- France (47.0 units)
- Mauritania (47.0 units)
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