Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Indonesia - 2022

Contents:

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

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

In March 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $23,343 per unit, therefore, remained relatively stable against the previous month. Over the last one-month period, it increased at an average monthly rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the countries with the highest prices were Sweden ($23,049 per unit) and Malaysia ($23,048 per unit), while the price for Singapore ($23,047 per unit) and Japan ($23,048 per unit) were amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Sweden (+0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion stood at $5,219 per unit in 2022, declining by -8.6% against the previous year. In general, the export price, however, enjoyed temperate growth. The growth pace was the most rapid in 2014 when the average export price increased by 88%. As a result, the export price attained the peak level of $10,797 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($15,000 per unit), while the average price for exports to Timor-Leste ($2,978 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 Mozambique (+100.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion decreased by -35.4% to 5.8K units in 2022. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 9K units, and then dropped notably in the following year.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion contracted remarkably to $89M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year. Over the period under review, imports of hit record highs at $106M in 2021, and then dropped sharply in the following year.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan46.949.855.759.18.0%
Singapore11.215.012.411.1-0.3%
China9.08.28.77.7-5.1%
Hong Kong SAR0.50.1N/A4.9114.0%
Germany10.412.610.01.2-51.3%
Finland0.10.32.1N/A358.3%
Others9.315.317.34.6-20.9%
Total87.410110688.70.5%

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

  1. Japan (2912.0 units)
  2. Singapore (962.0 units)
  3. China (934.0 units)
  4. Hong Kong SAR (735.0 units)
  5. Germany (20.0 units)

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

Exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion from Indonesia skyrocketed to 80 units in 2022, picking up by 86% on 2021 figures. In general, exports, however, saw a sharp contraction. Over the period under review, the exports of hit record highs at 246 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion skyrocketed to $418K in 2022. Over the period under review, exports, however, saw a dramatic downturn. Over the period under review, the exports of attained the maximum at $2M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore50.012935.136493.8%
China5.94.70.634.980.9%
Saudi Arabia1,3101,04710615.0-77.5%
South Korea54.460.613.1N/A-50.9%
United Arab Emirates17.94046.5N/A-39.7%
Australia11614534.8N/A-45.2%
Others14320949.13.9-69.9%
Total1,6981,998246418-37.3%

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

  1. Singapore (73.0 units)
  2. China (4.0 units)
  3. Saudi Arabia (1.0 units)

Source: IndexBox Market Intelligence Platform

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