Price for Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic - 2024

Contents:

  1. Price for Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic (CIF) - 2024
  2. Price for Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic (FOB) - 2022
  3. Imports of Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic
  4. Exports of Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic

Price for Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic (CIF) - 2024

In January 2024, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $2,229 per unit, increasing by 1.9% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 21% m-o-m. As a result, import price attained the peak level of $2,380 per unit; afterwards, it flattened through to January 2024.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Germany ($2,926 per unit), while the price for the United States ($636 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic (FOB) - 2022

In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $1,464 per unit, falling by -5.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2017 an increase of 34%. The export price peaked at $1,621 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Russia ($1,824 per unit) and Spain ($1,541 per unit), while the average price for exports to Germany ($1,238 per unit) and Slovakia ($1,291 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic

In 2022, supplies from abroad of reciprocating or rotary internal combustion piston engineses increased by 2.2% to 582K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a deep setback. Over the period under review, imports of hit record highs at 839K 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 declined to $996M in 2022. Over the period under review, imports, however, faced a abrupt setback. Imports peaked at $1.5B in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany484508434401-6.1%
Poland2321901932725.4%
Hungary312242233130-25.3%
South Korea13088.077.094.0-10.2%
China10053.546.042.3-24.9%
United States5.64.86.89.418.8%
Belgium1.03.24.14.565.1%
Slovakia21489.51.23.9-73.7%
Others23.122.935.039.319.4%
Total1,5021,2021,030996-12.8%

Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to the Czech Republic in 2022:

  1. Poland (205.5K units)
  2. Germany (175.7K units)
  3. Hungary (64.9K units)
  4. South Korea (44.9K units)
  5. China (44.6K units)
  6. United States (20.9K units)
  7. Belgium (13.6K units)
  8. Slovakia (1.7K units)

Exports of Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic

Exports of reciprocating or rotary internal combustion piston engineses from the Czech Republic fell dramatically to 160K units in 2022, dropping by -33.3% against the previous year. In general, exports faced a dramatic decrease. The smallest decline of -6% was in 2021. The exports peaked at 352K 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 reduced dramatically to $234M in 2022. Over the period under review, exports continue to indicate a precipitous contraction. The smallest decline of -7.4% was in 2021. Over the period under review, the exports of hit record highs at $539M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Reciprocating or Rotary Internal Combustion Piston Engines in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain19383.780.693.2-21.5%
South Africa18587.864.438.5-40.7%
Slovakia2.520.445.421.9106.1%
Mexico2.18.718.919.6110.5%
Germany14.429.931.217.97.5%
India31.932.730.417.1-18.8%
Russia10413094.415.1-47.4%
Others6.07.15.110.219.3%
Total539400370234-24.3%

Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from the Czech Republic in 2022:

  1. Spain (60.5K units)
  2. South Africa (27.3K units)
  3. Slovakia (17.0K units)
  4. Germany (14.5K units)
  5. Mexico (13.7K units)
  6. India (12.9K units)
  7. Russia (8.3K units)

Source: IndexBox Market Intelligence Platform

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