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

Contents:

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

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

In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $6,028 per unit, waning by -22.3% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 41% against the previous year. As a result, import price reached the peak level of $8,586 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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 the UK ($53,238 per unit), while the price for Lithuania ($1,007 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.6%), 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 Russia (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $4,916 per unit in 2022, declining by -46.1% against the previous year. In general, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices hit record highs at $15,382 per unit in 2019; however, from 2020 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 Azerbaijan ($11,720 per unit), while the average price for exports to Armenia ($924 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 Cuba (+52.3%), 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 Russia

In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) into Russia dropped remarkably to 60K units, shrinking by -58.4% against the year before. Overall, imports recorded a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 23%. As a result, imports reached the peak of 145K units, and then reduced remarkably in the following year.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) shrank dramatically to $363M in 2022. In general, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports reached the peak of $1.1B, and then declined dramatically in the following year.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14211618419611.3%
Germany25628938848.7-42.5%
United States55.711712117.4-32.1%
Turkey5.86.238.314.234.8%
Sweden71.455.667.812.2-44.5%
Japan26.820.240.211.7-24.1%
Poland30.023.428.66.2-40.9%
SpainN/A10.121.05.2-28.2%
Thailand19.55.513.71.7-55.7%
Czech Republic36.317.312.01.1-68.8%
Lithuania4.33.85.20.6-48.1%
South Africa34.833.614.2N/A-36.1%
Belarus30.528.130.0N/A-0.8%
Others10169.616047.8-22.1%
Total8147951,124363-23.6%

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

  1. China (39.5K units)
  2. Germany (5.0K units)
  3. Turkey (4.5K units)
  4. Spain (3.6K units)
  5. Sweden (1.1K units)
  6. Japan (1.0K units)
  7. Poland (0.6K units)
  8. Lithuania (0.6K units)
  9. Czech Republic (0.3K units)
  10. United States (0.3K units)
  11. Thailand (0.3K units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Russia

In 2022, after three years of growth, there was significant decline in overseas shipments of compression-ignition internal combustion piston engines (diesel or semi-diesel engines), when their volume decreased by -43.9% to 7.6K units. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 84%. As a result, the exports reached the peak of 14K units, and then contracted sharply in the following year.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) fell notably to $37M in 2022. Overall, exports showed a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 30%. As a result, the exports attained the peak of $124M, and then reduced dramatically in the following year.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan17.017.824.212.9-8.8%
Uzbekistan3.33.83.89.039.7%
Azerbaijan1.30.10.43.437.8%
Spain0.2N/A0.23.2152.0%
Vietnam0.70.13.82.552.9%
ArgentinaN/AN/AN/A1.40%
Slovakia0.1N/A1.31.1122.4%
Germany0.10.14.80.791.3%
Armenia0.20.10.20.314.5%
Croatia0.7N/A4.4N/A150.7%
Poland3.73.61.6N/A-34.2%
Belarus63.663.567.1N/A2.7%
Others8.55.811.93.0-29.3%
Total99.495.012437.4-27.8%

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

  1. Kazakhstan (2064.0 units)
  2. Uzbekistan (1733.0 units)
  3. Spain (1380.0 units)
  4. Argentina (569.0 units)
  5. Slovakia (454.0 units)
  6. Azerbaijan (287.0 units)
  7. Armenia (280.0 units)
  8. Vietnam (268.0 units)
  9. Germany (95.0 units)
  10. Poland (5.0 units)

Source: IndexBox Market Intelligence Platform

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