Price for Reciprocating or Rotary Internal Combustion Piston Engines in Denmark - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Denmark (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Denmark (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Denmark
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Denmark
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Denmark (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $1,009 per unit in 2022, picking up by 58% against the previous year. In general, the import price, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 68%. As a result, import price reached the peak level of $2,143 per unit. From 2018 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 Japan ($2,281 per unit), while the price for China ($236 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Denmark (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $1,126 per unit, surging by 71% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 522%. As a result, the export price attained the peak level of $7,972 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
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 Greenland ($2,535 per unit), while the average price for exports to Ghana ($109 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 Germany (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Denmark
In 2022, supplies from abroad of reciprocating or rotary internal combustion piston engineses decreased by -42.9% to 37K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 100% against the previous year. Imports peaked at 65K units in 2021, and then reduced dramatically in the following year.
In value terms, imports of reciprocating or rotary internal combustion piston engineses contracted rapidly to $39M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. As a result, imports attained the peak of $47M, and then dropped significantly in the following year.
Import of Reciprocating or Rotary Internal Combustion Piston Engines in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 5.6 | 8.8 | 5.6 | 10.7 | 24.1% |
Germany | 3.4 | 7.6 | 10.0 | 8.4 | 35.2% |
Japan | 6.3 | 6.1 | 6.7 | 5.3 | -5.6% |
United States | 0.7 | 0.6 | 2.7 | 4.8 | 90.0% |
France | 1.3 | 2.6 | 2.8 | 2.7 | 27.6% |
Italy | 1.0 | 0.7 | 1.5 | 1.0 | 0.0% |
Sweden | 0.8 | 1.0 | 3.2 | 0.9 | 4.0% |
China | 0.6 | 0.6 | 1.0 | 0.8 | 10.1% |
Norway | 0.1 | 1.6 | 5.6 | 0.8 | 100.0% |
United Kingdom | 1.0 | 0.7 | 0.5 | 0.6 | -15.7% |
Netherlands | 2.5 | 1.4 | 1.6 | 0.4 | -45.7% |
Others | 3.4 | 2.8 | 5.6 | 2.0 | -16.2% |
Total | 26.8 | 34.5 | 46.8 | 38.6 | 12.9% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Denmark in 2022:
- Germany (12.0K units)
- Belgium (9.1K units)
- China (3.2K units)
- United States (3.0K units)
- Japan (2.3K units)
- France (1.6K units)
- Sweden (0.8K units)
- Norway (0.8K units)
- Italy (0.7K units)
- United Kingdom (0.5K units)
- Netherlands (0.3K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Denmark
In 2022, the amount of reciprocating or rotary internal combustion piston engineses exported from Denmark surged to 22K units, growing by 101% compared with 2021. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 269% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of reciprocating or rotary internal combustion piston engineses surged to $23M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Reciprocating or Rotary Internal Combustion Piston Engines in Denmark (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | N/A | N/A | N/A | 17.3 | 0% |
Greenland | 3.4 | 3.7 | 2.8 | 2.6 | -8.6% |
Norway | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
United Arab Emirates | N/A | N/A | N/A | 0.3 | 0% |
Nigeria | 0.2 | N/A | N/A | 0.2 | 0.0% |
Cameroon | N/A | N/A | N/A | 0.1 | 0% |
Russia | N/A | N/A | 1.2 | N/A | 0% |
Others | 1.6 | 0.9 | 3.8 | 2.3 | 12.9% |
Total | 5.8 | 5.1 | 8.3 | 23.2 | 58.7% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Denmark in 2022:
- Hong Kong SAR (15.3K units)
- Nigeria (2.0K units)
- United Arab Emirates (1.5K units)
- Greenland (1.0K units)
- Cameroon (0.4K units)
- Norway (0.4K units)
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