Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Estonia - 2023

Contents:

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

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

In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $10,942 per unit, jumping by 20% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 86%. Over the period under review, average import prices attained the maximum at $12,582 per unit in 2018; however, from 2019 to 2022, import prices remained at a 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 Germany ($16,143 per unit), while the price for Japan ($997 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+31.6%), 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) in Estonia (FOB) - 2022

In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $3,220 per unit, declining by -35.3% against the previous year. In general, the export price, however, saw a noticeable expansion. The growth pace was the most rapid in 2013 an increase of 83% against the previous year. Over the period under review, the average export prices reached the maximum at $5,904 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($13,300 per unit), while the average price for exports to Syrian Arab Republic ($502 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 Turkey (+12.6%), 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) in Estonia

In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) imported into Estonia dropped remarkably to 913 units, shrinking by -36.4% on 2021 figures. Over the period under review, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2021 with an increase of 67%. As a result, imports reached the peak of 1.4K units, and then fell rapidly in the following year.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) dropped significantly to $10M in 2022. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of $13M, and then declined dramatically in the following year.

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Estonia in 2022:

1. Sweden (235.0 units)
2. Finland (150.0 units)
3. Poland (104.0 units)
4. United Kingdom (84.0 units)
5. Germany (75.0 units)
6. France (63.0 units)
7. Japan (43.0 units)
8. Czech Republic (34.0 units)
9. Netherlands (33.0 units)
10. Latvia (30.0 units)
11. Norway (25.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Estonia

In 2022, shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -32.5% to 977 units, falling for the second year in a row after two years of growth. In general, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2020 when exports increased by 12%. As a result, the exports attained the peak of 1.6K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) shrank sharply to $3.1M in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, the exports of attained the peak figure at $8.5M 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) from Estonia in 2022:

1. United Arab Emirates (360.0 units)
2. Poland (156.0 units)
3. Russia (69.0 units)
4. Iraq (58.0 units)
5. Bolivia (42.0 units)
6. Syrian Arab Republic (39.0 units)
7. Latvia (33.0 units)
8. Lithuania (29.0 units)
9. Kazakhstan (29.0 units)
10. Sweden (24.0 units)
11. Turkey (19.0 units)
12. Ghana (15.0 units)
13. Egypt (14.0 units)

Source: IndexBox Market Intelligence Platform