Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Finland - 2023

Contents:

1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Finland (FOB) - 2022
2. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Finland (CIF) - 2023
3. Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Finland
4. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Finland

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Finland (FOB) - 2022

In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $321,501 per unit, which is down by -49% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 78%. Over the period under review, the average export prices attained the maximum at $629,811 per unit in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($2,149,751 per unit), while the average price for exports to Sweden ($12,009 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 China (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Finland (CIF) - 2023

In August 2023, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $25,407 per unit, dropping by -9.2% against the previous month. Overall, the import price, however, saw a moderate expansion. The pace of growth was the most pronounced in April 2023 an increase of 165% month-to-month. As a result, import price attained the peak level of $91,560 per unit. From May 2023 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($104K per unit), while the price for Italy ($7,296 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+95.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Finland

In 2022, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion from Finland amounted to 135 units, increasing by 8% on the previous year. Over the period under review, exports, however, faced a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. The exports peaked at 196 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion reduced rapidly to $43M in 2022. In general, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports of attained the peak figure at $84M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion from Finland in 2022:

1. Sweden (45.0 units)
2. Germany (22.0 units)
3. Estonia (18.0 units)
4. Turkey (10.0 units)
5. Poland (7.0 units)
6. Egypt (4.0 units)
7. United Kingdom (4.0 units)
8. China (4.0 units)
9. United States (3.0 units)
10. United Arab Emirates (3.0 units)
11. Denmark (3.0 units)
12. Japan (3.0 units)
13. Spain (3.0 units)

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Finland

In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion imported into Finland rose remarkably to 852 units, surging by 10% on the previous year. In general, imports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 24%. Imports peaked at 1.1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion contracted sharply to $22M in 2022. Over the period under review, imports, however, recorded a sharp decrease. The pace of growth was the most pronounced in 2021 when imports increased by 3.5% against the previous year. Imports peaked at $86M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Finland in 2022:

1. Sweden (591.0 units)
2. France (103.0 units)
3. Netherlands (49.0 units)
4. Belgium (40.0 units)
5. United States (15.0 units)
6. South Korea (15.0 units)
7. United Kingdom (2.0 units)

Source: IndexBox Market Intelligence Platform