Price for Reciprocating or Rotary Internal Combustion Piston Engines in Finland - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Finland (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Finland (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Finland
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Finland
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Finland (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $2,644 per unit in 2022, declining by -13.1% against the previous year. In general, the import price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 596% against the previous year. As a result, import price attained the peak level of $21,434 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,320 per unit), while the price for China ($147 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Finland (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $12,015 per unit, surging by 120% against the previous year. In general, the export price showed a measured increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 573% against the previous year. The export price peaked at $33,947 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($21,416 per unit), while the average price for exports to Nigeria ($104 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 Australia (+24.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Finland
In 2022, approx. 125K units of reciprocating or rotary internal combustion piston engineses were imported into Finland; growing by 9.7% on the previous year. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of reciprocating or rotary internal combustion piston engineses fell modestly to $331M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 34% against the previous year. As a result, imports attained the peak of $346M, and then shrank in the following year.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 227 | 191 | 254 | 211 | -2.4% |
| Austria | 43.6 | 30.6 | 40.4 | 55.6 | 8.4% |
| Netherlands | 0.8 | 13.0 | 18.1 | 20.4 | 194.3% |
| Belgium | 1.0 | 9.5 | 12.4 | 20.3 | 172.8% |
| Japan | 26.3 | 7.9 | 13.5 | 14.9 | -17.3% |
| Sweden | 0.4 | 1.1 | 1.6 | 2.3 | 79.2% |
| China | 1.3 | 0.5 | 0.7 | 0.7 | -18.6% |
| Others | 10.8 | 5.1 | 5.7 | 6.1 | -17.3% |
| Total | 311 | 259 | 346 | 331 | 2.1% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Finland in 2022:
- Germany (63.5K units)
- Austria (30.2K units)
- Belgium (7.0K units)
- Netherlands (6.6K units)
- Japan (6.6K units)
- China (4.8K units)
- Sweden (2.6K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Finland
In 2022, approx. 7.3K units of reciprocating or rotary internal combustion piston engineses were exported from Finland; increasing by 136% against the year before. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 267%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of reciprocating or rotary internal combustion piston engineses soared to $73M in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,028% 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.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | N/A | N/A | N/A | 38.1 | 0% |
| Mexico | N/A | N/A | N/A | 21.1 | 0% |
| Sweden | 1.4 | 4.7 | 5.2 | 5.8 | 60.6% |
| Lithuania | 0.4 | 0.5 | 0.8 | 2.0 | 71.0% |
| Estonia | 0.5 | 0.7 | 0.8 | 1.9 | 56.0% |
| Germany | 0.1 | 40.5 | N/A | 0.4 | 58.7% |
| Nigeria | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Cameroon | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Japan | N/A | 4.4 | N/A | N/A | 0% |
| Ghana | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Others | 1.9 | 1.7 | 21.6 | 3.4 | 21.4% |
| Total | 4.7 | 52.9 | 28.8 | 72.8 | 149.3% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Finland in 2022:
- Brazil (3360.0 units)
- Mexico (1857.0 units)
- Nigeria (1054.0 units)
- Sweden (269.0 units)
- Estonia (258.0 units)
- Lithuania (138.0 units)
- Cameroon (27.0 units)
- Germany (23.0 units)
- Ghana (12.0 units)
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