Price for Reciprocating or Rotary Internal Combustion Piston Engines in Austria - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Austria (FOB) - 2024
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Austria (CIF) - 2022
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Austria
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Austria
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Austria (FOB) - 2024
The average export price for reciprocating or rotary internal combustion piston engineses stood at $3,371 per unit in January 2024, leveling off at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in August 2023 when the average export price increased by 6.8% month-to-month. Over the period under review, the average export prices hit record highs at $3,455 per unit in September 2023; afterwards, it flattened through to January 2024.
Prices varied noticeably by the country of destination: the country with the highest price was China ($4,302 per unit), while the average price for exports to Mexico ($2,783 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Austria (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $384 per unit in 2022, reducing by -7.6% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 88% against the previous year. Over the period under review, average import prices hit record highs at $1,030 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($1,770 per unit), while the price for the United States ($118 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.6%), while the prices for the other major suppliers experienced a decline.
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Austria
In 2022, the amount of reciprocating or rotary internal combustion piston engineses exported from Austria expanded to 1M units, picking up by 3.4% compared with the year before. In general, exports, however, recorded a pronounced curtailment. The exports peaked at 1.2M 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 $2.7B in 2022. The total export value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,012 | 1,001 | 1,088 | 1,150 | 4.4% |
| United States | 551 | 444 | 599 | 667 | 6.6% |
| Mexico | 200 | 141 | 147 | 278 | 11.6% |
| Canada | 151 | 150 | 177 | 171 | 4.2% |
| China | 4.7 | 6.8 | 6.1 | 102 | 178.9% |
| Netherlands | 198 | 104 | 65.8 | 84.8 | -24.6% |
| Finland | 42.6 | 30.8 | 41.1 | 56.2 | 9.7% |
| South Korea | 140 | 96.2 | 0.3 | 0.1 | -91.1% |
| Others | 311 | 147 | 185 | 228 | -9.8% |
| Total | 2,611 | 2,121 | 2,309 | 2,737 | 1.6% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Austria in 2022:
- Germany (420.3K units)
- United States (220.9K units)
- Mexico (166.1K units)
- Canada (76.1K units)
- Netherlands (35.5K units)
- China (31.7K units)
- Finland (30.4K units)
- South Korea (0.1K units)
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Austria
In 2022, imports of reciprocating or rotary internal combustion piston engineses into Austria stood at 604K units, growing by 2.7% on 2021. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 60%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of reciprocating or rotary internal combustion piston engineses contracted to $229M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of $245M, and then contracted in the following year.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 144 | 113 | 137 | 134 | -2.4% |
| China | 11.0 | 14.0 | 45.9 | 54.6 | 70.6% |
| United States | 31.2 | 23.2 | 20.6 | 11.4 | -28.5% |
| Australia | 0.4 | 1.4 | 0.6 | 1.3 | 48.1% |
| Italy | 3.1 | 2.4 | 1.8 | 1.3 | -25.1% |
| Others | 22.5 | 23.7 | 39.4 | 26.3 | 5.3% |
| Total | 212 | 178 | 245 | 229 | 2.6% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Austria in 2022:
- China (385.0K units)
- United States (96.7K units)
- Germany (76.0K units)
- Australia (10.7K units)
- Italy (4.9K units)
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