Price for Reciprocating or Rotary Internal Combustion Piston Engines in Italy - 2024
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Italy (CIF) - 2024
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Italy (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Italy
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Italy
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Italy (CIF) - 2024
In January 2024, the average import price for reciprocating or rotary internal combustion piston engineses amounted to $1,145 per unit, growing by 22% against the previous month. In general, import price indicated a temperate increase from January 2023 to January 2024: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for reciprocating or rotary internal combustion piston engineses decreased by -17.6% against September 2023 indices. The pace of growth was the most pronounced in August 2023 an increase of 75% month-to-month. The import price peaked at $1,389 per unit in September 2023; afterwards, it flattened through to January 2024.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($2,182 per unit), while the price for China ($394 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 Belgium (+23.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Italy (FOB) - 2022
The average export price for reciprocating or rotary internal combustion piston engineses stood at $2,240 per unit in 2022, with an increase of 14% against the previous year. In general, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 67% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($4,916 per unit), while the average price for exports to Spain ($724 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 Slovakia (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Italy
In 2022, the amount of reciprocating or rotary internal combustion piston engineses imported into Italy fell to 1.1M units, waning by -3% on 2021 figures. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, imports attained the peak of 1.1M units, and then declined modestly in the following year.
In value terms, imports of reciprocating or rotary internal combustion piston engineses declined notably to $898M in 2022. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 6.1% against the previous year. As a result, imports attained the peak of $1.1B, and then contracted rapidly in the following year.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 326 | 365 | 422 | 268 | -6.3% |
| Poland | 311 | 229 | 173 | 146 | -22.3% |
| Belgium | 40.5 | 44.8 | 67.7 | 78.1 | 24.5% |
| China | 40.1 | 42.6 | 72.9 | 69.7 | 20.2% |
| Vietnam | 22.2 | 25.4 | 26.6 | 40.4 | 22.1% |
| Thailand | 27.3 | 18.7 | 26.8 | 32.5 | 6.0% |
| United States | 152 | 122 | 62.9 | 22.5 | -47.1% |
| Others | 186 | 236 | 298 | 241 | 9.0% |
| Total | 1,104 | 1,083 | 1,150 | 898 | -6.7% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Italy in 2022:
- China (445.3K units)
- France (127.0K units)
- Belgium (111.9K units)
- Thailand (99.3K units)
- Poland (87.5K units)
- Vietnam (82.5K units)
- United States (57.4K units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Italy
In 2022, shipments abroad of reciprocating or rotary internal combustion piston engineses decreased by -29.7% to 344K units for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 8.7%. As a result, the exports attained the peak of 489K units, and then dropped significantly in the following year.
In value terms, exports of reciprocating or rotary internal combustion piston engineses contracted remarkably to $780M in 2022. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 4.8% against the previous year. The exports peaked at $1.2B 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 Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 285 | 456 | 588 | 369 | 9.0% |
| Mexico | 23.3 | 2.3 | 0.5 | 109 | 67.2% |
| Turkey | 124 | 86.0 | 86.6 | 80.2 | -13.5% |
| France | 58.8 | 51.8 | 59.9 | 56.9 | -1.1% |
| Poland | 261 | 84.5 | 53.9 | 28.9 | -52.0% |
| Spain | 10.6 | 10.3 | 16.9 | 17.5 | 18.2% |
| Netherlands | 3.4 | 2.7 | 13.2 | 16.5 | 69.3% |
| Vietnam | 4.8 | 7.9 | 12.8 | 7.3 | 15.0% |
| Serbia | 20.1 | 16.8 | 19.1 | 3.0 | -47.0% |
| China | 40.3 | 37.2 | 2.0 | 2.2 | -62.1% |
| Indonesia | 51.0 | N/A | N/A | N/A | 0% |
| El Salvador | N/A | 96.6 | N/A | N/A | 0% |
| Others | 298 | 94.5 | 139 | 88.6 | -33.3% |
| Total | 1,180 | 946 | 992 | 780 | -12.9% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Italy in 2022:
- United States (86.6K units)
- Turkey (79.2K units)
- France (45.9K units)
- Spain (24.2K units)
- Mexico (22.2K units)
- Poland (17.3K units)
- Netherlands (8.5K units)
- Vietnam (7.7K units)
- Serbia (1.6K units)
- China (1.4K units)
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