Price for Reciprocating or Rotary Internal Combustion Piston Engines in Argentina - 2023

Contents:

  1. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Argentina (CIF) - 2022
  2. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Argentina (FOB) - 2022
  3. Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Argentina
  4. Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Argentina

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Argentina (CIF) - 2022

The average import price for reciprocating or rotary internal combustion piston engineses stood at $1,000 per unit in 2022, growing by 14% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 21%. Over the period under review, average import prices hit record highs at $1,245 per unit in 2019; however, from 2020 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 Indonesia ($1,689 per unit), while the price for China ($198 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.7%), while the prices for the other major suppliers experienced a decline.

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Argentina (FOB) - 2022

The average export price for reciprocating or rotary internal combustion piston engineses stood at $1,312 per unit in 2022, reducing by -32% against the previous year. In general, the export price, however, saw moderate growth. The most prominent rate of growth was recorded in 2014 an increase of 122% against the previous year. Over the period under review, the average export prices hit record highs at $4,005 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($4,655 per unit), while the average price for exports to Bolivia ($132 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 Peru (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Argentina

For the fourth consecutive year, Argentina recorded growth in purchases abroad of reciprocating or rotary internal combustion piston engineses, which increased by 34% to 382K units in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 118%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of reciprocating or rotary internal combustion piston engineses soared to $378M in 2022. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 92%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Reciprocating or Rotary Internal Combustion Piston Engines in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil80.978.417127951.1%
United States21.519.320.728.29.5%
China4.45.216.019.865.1%
Japan6.98.212.115.330.4%
Indonesia17.07.814.38.5-20.6%
Mexico2.54.17.05.630.8%
Others14.77.28.821.313.2%
Total14813025037836.7%

Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Argentina in 2022:

  1. Brazil (237.7K units)
  2. China (100.3K units)
  3. United States (20.3K units)
  4. Japan (5.3K units)
  5. Indonesia (5.0K units)
  6. Mexico (4.0K units)

Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Argentina

After two years of decline, shipments abroad of reciprocating or rotary internal combustion piston engineses increased by 113% to 305 units in 2022. In general, exports, however, faced a dramatic decrease. Over the period under review, the exports of reached the maximum at 1.5K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of reciprocating or rotary internal combustion piston engineses skyrocketed to $404K in 2022. Overall, exports, however, continue to indicate a sharp descent. Over the period under review, the exports of hit record highs at $4.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Reciprocating or Rotary Internal Combustion Piston Engines in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil19930076.12538.3%
Peru33.23.929.240.87.1%
Paraguay49.23.90.822.1-23.4%
BoliviaN/A13.5N/A0.7-77.2%
AustriaN/A408N/AN/A0%
United Kingdom3,4318.4N/AN/A-99.8%
Indonesia20332.8N/AN/A-83.8%
Others31926116487.9-34.9%
Total4,2341,032270404-54.3%

Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Argentina in 2022:

  1. Brazil (270.0 units)
  2. Peru (16.0 units)
  3. Paraguay (5.0 units)
  4. Bolivia (5.0 units)

Source: IndexBox Market Intelligence Platform

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