Price for Reciprocating or Rotary Internal Combustion Piston Engines in Greece - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Greece (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Greece (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Greece
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Greece
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Greece (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $695 per unit in 2022, jumping by 88% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Bulgaria ($2,720 per unit), while the price for China ($135 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Greece (FOB) - 2022
The average export price for reciprocating or rotary internal combustion piston engineses stood at $2,174 per unit in 2022, jumping by 73% against the previous year. Over the period under review, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 124%. Over the period under review, the average export prices attained the peak figure at $4,006 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($8,544 per unit), while the average price for exports to China ($85 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 Malta (+33.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Greece
After three years of growth, supplies from abroad of reciprocating or rotary internal combustion piston engineses decreased by -12.4% to 58K units in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +48.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. Over the period under review, imports of attained the peak figure at 66K units in 2021, and then contracted in the following year.
In value terms, imports of reciprocating or rotary internal combustion piston engineses soared to $43M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.4% 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 +74.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 7.1 | 7.6 | 8.1 | 11.1 | 16.1% |
| Bulgaria | 3.9 | 4.5 | 7.1 | 9.8 | 36.0% |
| Belgium | 5.3 | 4.2 | 6.3 | 8.0 | 14.7% |
| China | 2.6 | 3.0 | 4.4 | 4.4 | 19.2% |
| Thailand | 0.9 | 0.7 | 1.2 | 1.6 | 21.1% |
| Italy | 0.5 | 0.5 | 0.7 | 0.6 | 6.3% |
| Denmark | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Others | 6.1 | 3.9 | 7.3 | 7.2 | 5.7% |
| Total | 26.4 | 24.6 | 35.4 | 42.8 | 17.5% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Greece in 2022:
- China (32.6K units)
- Belgium (7.1K units)
- Japan (4.1K units)
- Italy (3.8K units)
- Bulgaria (3.6K units)
- Denmark (1.4K units)
- Thailand (1.4K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Greece
In 2022, the amount of reciprocating or rotary internal combustion piston engineses exported from Greece soared to 2.6K units, rising by 43% on the year before. Over the period under review, exports, however, saw a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. As a result, the exports reached the peak of 9.5K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of reciprocating or rotary internal combustion piston engineses surged to $4.2M in 2022. Overall, exports, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 108%. As a result, the exports attained the peak of $13M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.7 | 5.8 | 58.1 | 766 | 265.4% |
| Bulgaria | 951 | 327 | 490 | 716 | -9.0% |
| Serbia | 12.0 | 71.7 | N/A | 555 | 259.0% |
| Cyprus | 194 | 273 | 202 | 266 | 11.1% |
| Romania | 595 | 688 | 338 | 224 | -27.8% |
| Malta | 40.0 | 55.9 | 60.0 | 144 | 53.3% |
| North Macedonia | 6.3 | 3.1 | 3.8 | 125 | 170.7% |
| Italy | 132 | 19.8 | 2.6 | 76.6 | -16.6% |
| United Arab Emirates | 16.2 | 38.8 | 100 | 69.6 | 62.6% |
| Albania | 137 | 19.4 | 43.1 | 64.5 | -22.2% |
| Singapore | 13.3 | 7.8 | 5.6 | 41.2 | 45.8% |
| China | 2.8 | 0.1 | 0.1 | 9.3 | 49.2% |
| India | N/A | 12.6 | N/A | N/A | 0% |
| Others | 3,970 | 11,146 | 788 | 1,181 | -33.2% |
| Total | 6,085 | 12,669 | 2,091 | 4,238 | -11.4% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Greece in 2022:
- Bulgaria (662.0 units)
- Cyprus (398.0 units)
- North Macedonia (238.0 units)
- Albania (220.0 units)
- United States (191.0 units)
- Romania (174.0 units)
- United Arab Emirates (161.0 units)
- China (109.0 units)
- Italy (90.0 units)
- Serbia (65.0 units)
- Singapore (49.0 units)
- Malta (47.0 units)
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