Italy - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInternal Combustion Engines Price in Italy - 2023
Contents:
- Internal Combustion Engines Price in Italy (FOB) - 2023
- Internal Combustion Engines Price in Italy (CIF) - 2023
- Internal Combustion Engines Exports in Italy
- Internal Combustion Engines Imports in Italy
Internal Combustion Engines Price in Italy (FOB) - 2023
In July 2023, the average internal combustion engines export price amounted to $6,080 per unit, reducing by -18.4% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 54% month-to-month. The export price peaked at $7,765 per unit in April 2023; afterwards, it flattened through to July 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Spain ($9,556 per unit), while the average price for exports to Germany ($3,228 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Internal Combustion Engines Price in Italy (CIF) - 2023
The average internal combustion engines import price stood at $6,626 per unit in July 2023, picking up by 18% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in January 2023 when the average import price increased by 35% month-to-month. Over the period under review, average import prices reached the maximum in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($9,016 per unit), while the price for India ($3,620 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Internal Combustion Engines Exports in Italy
In 2022, exports of motor vehicles compression-ignition internal combustion piston engines from Italy skyrocketed to 509K units, rising by 29% on 2021 figures. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% 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 +77.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, internal combustion engines exports reduced modestly to $1.6B in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports attained the peak of $1.7B, and then reduced slightly in the following year.
Export of Internal Combustion Engines in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 255 | 254 | 423 | 320 | 7.9% |
Turkey | 196 | 179 | 223 | 276 | 12.1% |
Japan | 148 | 129 | 148 | 184 | 7.5% |
Spain | 134 | 85.3 | 171 | 162 | 6.5% |
Brazil | 147 | 137 | 201 | 144 | -0.7% |
United Kingdom | 170 | 79.9 | 110 | 125 | -9.7% |
France | 86.2 | 37.2 | 58.2 | 66.1 | -8.5% |
Austria | 52.7 | 36.5 | 62.6 | 64.6 | 7.0% |
Portugal | 43.8 | 30.6 | 48.5 | 49.7 | 4.3% |
Mexico | 68.2 | 2.0 | 3.9 | 10.9 | -45.7% |
Others | 153 | 173 | 226 | 236 | 15.5% |
Total | 1,455 | 1,143 | 1,674 | 1,638 | 4.0% |
Top Export Markets for Internal Combustion Engines from Italy in 2022:
- Turkey (140.2K units)
- Brazil (77.3K units)
- United States (69.0K units)
- Japan (50.0K units)
- Spain (43.2K units)
- United Kingdom (28.0K units)
- Portugal (14.5K units)
- France (14.3K units)
- Austria (11.7K units)
- Mexico (2.6K units)
Internal Combustion Engines Imports in Italy
In 2022, internal combustion engines imports into Italy dropped to 125K units, which is down by -5.1% against 2021 figures. Overall, total imports indicated a moderate increase from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. As a result, imports reached the peak of 132K units, and then declined in the following year.
In value terms, internal combustion engines imports stood at $496M in 2022. In general, imports showed a mild setback. The pace of growth was the most pronounced in 2021 with an increase of 67%. Over the period under review, imports attained the maximum at $519M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Internal Combustion Engines in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 105 | 36.8 | 83.6 | 115 | 3.1% |
Poland | 34.3 | 62.1 | 129 | 88.5 | 37.2% |
Japan | 55.3 | 44.1 | 59.3 | 63.1 | 4.5% |
China | 55.5 | 45.7 | 52.7 | 61.8 | 3.6% |
India | 71.8 | 4.5 | 19.3 | 55.7 | -8.1% |
France | 144 | 62.6 | 79.2 | 51.9 | -28.8% |
United Kingdom | 20.4 | 17.7 | 28.3 | 28.4 | 11.7% |
Ireland | 21.0 | N/A | N/A | N/A | 0% |
Others | 11.1 | 9.9 | 23.2 | 32.3 | 42.8% |
Total | 519 | 283 | 474 | 496 | -1.5% |
Top Suppliers of Internal Combustion Engines to Italy in 2022:
- Ireland (undefinedK units)
- Poland (48.4K units)
- Germany (18.6K units)
- India (15.2K units)
- Japan (14.3K units)
- China (9.6K units)
- United Kingdom (7.0K units)
- France (5.8K units)
This report provides an in-depth analysis of the internal combustion engines market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29101300 - Vehicle compression-ignition internal combustion piston engines (diesel or semi-diesel) (excluding for railway or tramway rolling stock)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for internal combustion engines around the world. Learn about the key statistics and import values of countries like Mexico, Germany, United States, and more. Discover the market insights with IndexBox platform.
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
Japan held onto its second place position in the global diesel engine trade. In 2014, Japan exported X thousand tons of diesel engines totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied
Explore the top import markets for internal combustion engines around the world. Learn about the key statistics and import values of countries like Mexico, Germany, United States, and more. Discover the market insights with IndexBox platform.
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
Global diesel engine imports amounted to X tons in 2016, shrinking by -X% against the previous year figure. In general, diesel engine imports continue to indicate a relatively flat trend pattern....
Japan held onto its second place position in the global diesel engine trade. In 2014, Japan exported X thousand tons of diesel engines totaling X billion USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied