Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium (CIF) - 2022
The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $2,872 per unit in 2022, waning by -34.7% against the previous year. In general, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 an increase of 17% against the previous year. As a result, import price attained the peak level of $6,694 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
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 Italy ($5,215 per unit), while the price for Japan ($1,869 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $4,023 per unit in 2022, dropping by -10.3% against the previous year. Overall, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 an increase of 33%. Over the period under review, the average export prices attained the maximum at $12,593 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($9,900 per unit), while the average price for exports to Tunisia ($158 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 Benin (-1.1%), while the prices for the other major destinations experienced a decline.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium
In 2022, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) into Belgium soared to 332K units, rising by 62% on 2021. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 65%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) expanded significantly to $954M in 2022. In general, imports, however, recorded a slight descent. The growth pace was the most rapid in 2021 when imports increased by 8.8%. Over the period under review, imports of attained the peak figure at $1B in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 732 | 593 | 682 | 693 | -1.8% |
| France | 83.1 | 71.3 | 78.2 | 112 | 10.5% |
| Germany | 22.9 | 18.9 | 30.1 | 27.0 | 5.6% |
| Netherlands | 40.2 | 14.1 | 9.5 | 21.3 | -19.1% |
| Italy | 47.5 | 14.3 | 20.5 | 19.5 | -25.7% |
| United Kingdom | 36.7 | 48.6 | 12.4 | 16.3 | -23.7% |
| China | 6.2 | 7.3 | 10.1 | 15.2 | 34.8% |
| Japan | 6.1 | 8.2 | 9.0 | 9.9 | 17.5% |
| Others | 27.7 | 50.5 | 47.4 | 39.1 | 12.2% |
| Total | 1,002 | 827 | 899 | 954 | -1.6% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Belgium in 2022:
- Sweden (247.5K units)
- France (40.8K units)
- United Kingdom (8.2K units)
- China (8.1K units)
- Netherlands (5.8K units)
- Germany (5.8K units)
- Japan (5.3K units)
- Italy (3.7K units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium
Exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) from Belgium surged to 64K units in 2022, with an increase of 31% against 2021. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +59.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) soared to $258M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 43%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 8.3 | 18.1 | 18.2 | 41.6 | 71.1% |
| Benin | N/A | N/A | 0.1 | 32.5 | 32400.0% |
| France | 14.2 | 30.5 | 28.6 | 19.2 | 10.6% |
| Netherlands | 22.5 | 26.7 | 24.7 | 16.7 | -9.5% |
| United States | 4.0 | 5.5 | 10.3 | 12.7 | 47.0% |
| Germany | 4.3 | 9.0 | 9.7 | 12.5 | 42.7% |
| China | 5.0 | 15.4 | 8.7 | 9.7 | 24.7% |
| North Macedonia | 11.7 | 2.1 | 0.6 | 4.1 | -29.5% |
| Ghana | 0.6 | 0.6 | 0.6 | 1.3 | 29.4% |
| Senegal | 0.9 | 2.1 | 1.0 | 1.1 | 6.9% |
| Guinea | 0.1 | 0.8 | 1.2 | 1.0 | 115.4% |
| Morocco | 0.3 | 0.6 | 0.9 | 0.6 | 26.0% |
| Tunisia | 0.2 | 0.6 | 0.6 | 0.3 | 14.5% |
| Others | 83.5 | 110 | 114 | 104 | 7.6% |
| Total | 156 | 222 | 219 | 258 | 18.3% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Belgium in 2022:
- Benin (10.3K units)
- Brazil (7.1K units)
- Morocco (3.0K units)
- Senegal (3.0K units)
- China (2.8K units)
- United States (2.7K units)
- France (2.6K units)
- North Macedonia (2.5K units)
- Germany (2.5K units)
- Ghana (2.4K units)
- Tunisia (2.0K units)
- Netherlands (1.7K units)
- Guinea (1.7K units)
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