Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK - 2023
Contents:
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK (CIF) - 2022
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK (FOB) - 2022
- Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK
- Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK (CIF) - 2022
The average import price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $582 per unit in 2022, jumping by 22% against the previous year. Over the period under review, the import price, however, recorded a noticeable reduction. The import price peaked at $1.1 thousand per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1.2 thousand per unit), while the price for China ($167 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK (FOB) - 2022
In 2022, the average export price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s amounted to $1.7 thousand per unit, rising by 1.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 23% against the previous year. As a result, the export price attained the peak level of $2.1 thousand per unit. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7.4 thousand per unit), while the average price for exports to Canada ($183 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 the United States (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK
For the fourth year in a row, the UK recorded growth in overseas purchases of engines; pneumatic power engines and motors, other than linear acting (cylinders)s, which increased by 11% to 78K units in 2022. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s soared to $45M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 20.1 | 16.3 | 11.4 | 23.9 | 5.9% |
| Italy | 3.6 | 3.9 | 3.5 | 5.0 | 11.6% |
| China | 3.7 | 1.8 | 8.9 | 3.8 | 0.9% |
| Japan | 0.3 | 0.3 | 0.1 | 1.9 | 85.0% |
| Germany | 2.2 | 4.3 | 1.9 | 1.8 | -6.5% |
| Poland | 2.6 | 1.9 | 1.9 | 1.7 | -13.2% |
| France | 0.5 | 0.1 | 0.2 | 1.5 | 44.2% |
| Romania | 0.4 | 0.2 | 0.3 | 1.0 | 35.7% |
| Spain | N/A | N/A | N/A | 0.9 | 0% |
| Switzerland | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Belgium | 3.1 | 5.6 | 2.1 | 0.1 | -68.2% |
| Others | 6.8 | 3.2 | 2.8 | 3.3 | -21.4% |
| Total | 43.3 | 37.6 | 33.3 | 45.2 | 1.4% |
Top Suppliers of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) to the UK in 2022:
- China (23.1K units)
- United States (20.7K units)
- Italy (9.7K units)
- Japan (3.7K units)
- Germany (3.5K units)
- Poland (3.3K units)
- France (3.0K units)
- Switzerland (2.0K units)
- Romania (1.9K units)
- Spain (1.7K units)
- Belgium (0.1K units)
Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK
In 2022, approx. 24K units of engines; pneumatic power engines and motors, other than linear acting (cylinders)s were exported from the UK; falling by -29.4% compared with the previous year's figure. Overall, exports, however, enjoyed a slight increase. The most prominent rate of growth was recorded in 2021 when exports increased by 128%. As a result, the exports attained the peak of 34K units, and then dropped significantly in the following year.
In value terms, exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s declined significantly to $40M in 2022. Over the period under review, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 133%. As a result, the exports attained the peak of $55M, and then declined dramatically in the following year.
| Export of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.2 | 9.9 | 6.3 | 13.4 | 17.8% |
| Germany | 6.0 | 1.5 | 3.4 | 5.2 | -4.7% |
| France | 1.8 | 0.8 | 1.0 | 3.7 | 27.1% |
| Netherlands | 1.8 | 1.3 | 1.9 | 2.4 | 10.1% |
| Romania | 0.5 | N/A | 1.9 | 1.7 | 50.4% |
| Italy | 0.9 | 0.7 | 1.7 | 1.7 | 23.6% |
| Poland | 0.2 | 0.2 | 0.5 | 0.8 | 58.7% |
| Australia | 0.4 | 0.3 | 0.2 | 0.7 | 20.5% |
| Belgium | 0.1 | N/A | 0.3 | 0.7 | 91.3% |
| China | 0.8 | 0.2 | 1.4 | 0.5 | -14.5% |
| Ireland | 0.3 | 0.6 | 0.6 | 0.5 | 18.6% |
| Singapore | 1.3 | 1.3 | 0.2 | 0.4 | -32.5% |
| Canada | 0.8 | 0.1 | 0.1 | 0.2 | -37.0% |
| Others | 10.9 | 6.9 | 35.8 | 7.7 | -10.9% |
| Total | 34.1 | 23.7 | 55.1 | 39.5 | 5.0% |
Top Export Markets for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) from the UK in 2022:
- Germany (4.2K units)
- France (2.9K units)
- Netherlands (1.9K units)
- United States (1.8K units)
- Italy (1.4K units)
- Romania (1.3K units)
- Canada (1.2K units)
- China (0.7K units)
- Australia (0.6K units)
- Poland (0.6K units)
- Belgium (0.5K units)
- Singapore (0.4K units)
- Ireland (0.4K units)
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