Price for Reciprocating or Rotary Internal Combustion Piston Engines in Romania - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Romania (FOB) - 2024
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Romania (CIF) - 2022
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Romania
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Romania
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Romania (FOB) - 2024
The average export price for reciprocating or rotary internal combustion piston engineses stood at $1,950 per unit in January 2024, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in September 2023 an increase of 10% against the previous month. As a result, the export price attained the peak level of $2,100 per unit; afterwards, it flattened through to January 2024.
There were significant differences in the average prices for the major overseas markets. In January 2024, the country with the highest price was Turkey ($2,038 per unit), while the average price for exports to South Africa stood at $493 per unit.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+1.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Romania (CIF) - 2022
In 2022, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $2,110 per unit, picking up by 42% against the previous year. Overall, the import price posted a prominent expansion. The pace of growth was the most pronounced in 2016 an increase of 59% against the previous year. The import price peaked in 2022 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 Spain ($2,808 per unit), while the price for China ($196 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Romania
In 2022, approx. 291K units of reciprocating or rotary internal combustion piston engineses were exported from Romania; shrinking by -8.3% against the previous year's figure. In general, exports continue to indicate a precipitous shrinkage. Over the period under review, the exports of attained the peak figure at 675K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of reciprocating or rotary internal combustion piston engineses fell to $495M in 2022. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, the exports of attained the peak figure at $851M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 172 | 150 | 298 | 239 | 11.6% |
| Germany | 215 | 98.7 | 39.7 | 104 | -21.5% |
| France | 126 | 55.5 | 88.3 | 73.6 | -16.4% |
| Slovenia | 128 | 86.3 | 52.5 | 33.1 | -36.3% |
| South Africa | 10.1 | 3.1 | 8.9 | 12.4 | 7.1% |
| Russia | 44.7 | 45.7 | 37.5 | 7.2 | -45.6% |
| Colombia | 13.9 | 5.8 | 8.1 | 5.7 | -25.7% |
| India | 46.7 | 35.0 | 26.1 | 0.4 | -79.5% |
| Others | 94.3 | 19.9 | 13.5 | 19.9 | -40.5% |
| Total | 851 | 500 | 573 | 495 | -16.5% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Romania in 2022:
- Turkey (130.1K units)
- Germany (63.6K units)
- France (41.4K units)
- Slovenia (17.6K units)
- South Africa (15.7K units)
- Russia (6.5K units)
- Colombia (5.2K units)
- India (0.2K units)
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Romania
In 2022, approx. 153K units of reciprocating or rotary internal combustion piston engineses were imported into Romania; with an increase of 45% compared with the year before. In general, imports, however, continue to indicate a deep reduction. Over the period under review, imports of attained the maximum at 239K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of reciprocating or rotary internal combustion piston engineses skyrocketed to $341M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at $342M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 147 | 49.5 | 109 | 280 | 24.0% |
| Turkey | 111 | 47.1 | 22.9 | 13.1 | -50.9% |
| Mexico | N/A | 4.1 | 12.6 | 11.2 | 65.3% |
| Canada | 0.7 | 0.7 | 7.4 | 8.5 | 129.8% |
| Belgium | 2.7 | 2.5 | 2.9 | 6.3 | 32.6% |
| Germany | 66.3 | 7.3 | 5.8 | 5.0 | -57.8% |
| United Kingdom | 0.9 | 1.9 | 0.4 | 2.3 | 36.7% |
| China | 0.5 | 1.2 | 1.3 | 1.5 | 44.2% |
| Others | 13.4 | 9.3 | 9.5 | 13.2 | -0.5% |
| Total | 342 | 124 | 172 | 341 | -0.1% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Romania in 2022:
- Spain (99.7K units)
- Belgium (13.3K units)
- Turkey (10.0K units)
- China (7.9K units)
- Canada (4.8K units)
- Mexico (4.7K units)
- United Kingdom (3.5K units)
- Germany (2.6K units)
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