Price for Reciprocating or Rotary Internal Combustion Piston Engines in Estonia - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Estonia (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Estonia (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Estonia
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Estonia
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Estonia (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $1,931 per unit in 2022, shrinking by -31.9% against the previous year. Over the period under review, the import price, however, posted a prominent increase. The pace of growth was the most pronounced in 2015 an increase of 308%. Over the period under review, average import prices attained the peak figure at $3,199 per unit in 2020; however, from 2021 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 Sweden ($14,993 per unit), while the price for China ($242 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Estonia (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $2,089 per unit, picking up by 145% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 283% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($2,656 per unit), while the average price for exports to Kazakhstan ($181 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 Russia (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Estonia
Imports of reciprocating or rotary internal combustion piston engineses into Estonia soared to 4.1K units in 2022, rising by 30% against the previous year's figure. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +88.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of reciprocating or rotary internal combustion piston engineses declined remarkably to $6.6M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of $8.6M, and then contracted remarkably in the following year.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,418 | 3,165 | 4,223 | 1,580 | -13.2% |
| Belgium | N/A | 1,300 | 1,918 | 1,451 | 5.6% |
| Sweden | 99.9 | 749 | 721 | 1,274 | 133.6% |
| Finland | 42.3 | 338 | 265 | 747 | 160.4% |
| Hungary | 48.3 | 374 | 424 | 388 | 100.3% |
| China | 453 | 110 | 209 | 272 | -15.6% |
| Denmark | 4.8 | 210 | N/A | 162 | 223.2% |
| Poland | 10.3 | 78.8 | 46.7 | 106 | 117.5% |
| United States | 1,154 | 38.1 | 47.1 | 104 | -55.2% |
| United Kingdom | 104 | 95.4 | 204 | 52.4 | -20.4% |
| Japan | 815 | N/A | 21.8 | 29.3 | -67.0% |
| Lithuania | N/A | 11.3 | 9.2 | 20.6 | 35.0% |
| Thailand | 147 | N/A | N/A | N/A | 0% |
| Others | 872 | 360 | 527 | 390 | -23.5% |
| Total | 6,169 | 6,830 | 8,615 | 6,578 | 2.2% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Estonia in 2022:
- China (1127.0 units)
- Finland (831.0 units)
- Belgium (682.0 units)
- Denmark (473.0 units)
- Germany (183.0 units)
- Hungary (143.0 units)
- Poland (102.0 units)
- Sweden (85.0 units)
- Lithuania (76.0 units)
- United States (54.0 units)
- Japan (52.0 units)
- United Kingdom (34.0 units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Estonia
Exports of reciprocating or rotary internal combustion piston engineses from Estonia contracted slightly to 1.7K units in 2022, approximately equating the previous year. Over the period under review, exports faced a sharp setback. The growth pace was the most rapid in 2021 with an increase of 33%. The exports peaked at 3.9K 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 contracted to $1.8M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. As a result, the exports attained the peak of $2.1M, and then dropped in the following year.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 195 | 234 | 334 | 280 | 12.8% |
| Germany | 538 | N/A | 916 | 278 | -19.8% |
| Slovakia | N/A | 62.8 | 123 | 215 | 85.0% |
| Kazakhstan | 2.3 | 0.7 | N/A | 172 | 321.3% |
| Finland | 101 | 119 | 149 | 155 | 15.3% |
| Lithuania | 22.4 | 39.0 | 40.2 | 34.2 | 15.1% |
| Russia | 601 | 242 | 139 | 17.1 | -69.5% |
| Poland | N/A | 3.7 | N/A | 13.0 | 87.4% |
| Egypt | 7.2 | 19.0 | 16.1 | N/A | 49.5% |
| Others | 55.3 | 433 | 397 | 654 | 127.8% |
| Total | 1,522 | 1,154 | 2,115 | 1,819 | 6.1% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Estonia in 2022:
- Kazakhstan (954.0 units)
- Latvia (221.0 units)
- Finland (214.0 units)
- Germany (111.0 units)
- Slovakia (81.0 units)
- Lithuania (36.0 units)
- Poland (32.0 units)
- Russia (28.0 units)
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