Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Norway - 2024

Contents:

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

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

The average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $12,372 per unit in 2022, declining by -10.8% against the previous year. In general, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 18%. As a result, import price attained the peak level of $25,650 per unit. From 2014 to 2022, the average import prices remained at a somewhat 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 the United States ($30,379 per unit), while the price for Poland ($2,833 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.2%), 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 Norway (FOB) - 2022

The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $4,995 per unit in 2022, rising by 18% against the previous year. Overall, the export price, however, saw a deep contraction. The pace of growth was the most pronounced in 2017 an increase of 45% against the previous year. The export price peaked at $21,426 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($16,757 per unit), while the average price for exports to Gambia ($285 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 Sri Lanka (+10.9%), 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 Norway

In 2022, approx. 6.1K units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) were imported into Norway; approximately equating the year before. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 7.9%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) fell to $75M in 2022. Over the period under review, imports, however, saw a abrupt curtailment. The smallest decline of -0.3% was in 2021. Imports peaked at $92M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden26.724.926.522.5-5.5%
Germany16.619.813.614.0-5.5%
Switzerland2.64.15.37.341.1%
Japan11.65.48.67.1-15.1%
France4.44.64.85.36.4%
United Kingdom4.64.16.84.60.0%
Netherlands2.81.42.62.80.0%
Italy3.12.83.51.9-15.1%
Denmark6.10.60.31.7-34.7%
Others13.815.611.27.9-17.0%
Total92.383.383.075.0-6.7%

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

  1. Sweden (1179.0 units)
  2. Germany (1082.0 units)
  3. United Kingdom (720.0 units)
  4. Switzerland (630.0 units)
  5. Denmark (402.0 units)
  6. Japan (334.0 units)
  7. France (316.0 units)
  8. Italy (295.0 units)
  9. Netherlands (285.0 units)

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

Exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) from Norway skyrocketed to 4.7K units in 2022, picking up by 19% against the previous year. The total export volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) soared to $23M in 2022. Overall, exports, however, saw a deep reduction. The exports peaked at $34M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sri LankaN/AN/AN/A2,5060%
Spain1,47675224.42,41317.8%
Sweden8,2988,6662,0471,917-38.6%
Germany1,4661,0559401,7195.5%
Denmark3471,1007061,05344.8%
Lithuania13211828263869.1%
AlgeriaN/A27.432.5603369.1%
Netherlands3461,01327659920.1%
France1651661,42254849.2%
Nigeria59.210132829170.0%
JordanN/A60.544.710129.2%
Ghana55.251.561.141.5-9.1%
Gambia10.748.060.541.356.9%
Others21,22216,30410,31010,822-20.1%
Total33,57629,46116,53623,293-11.5%

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

  1. Sri Lanka (1849.0 units)
  2. Lithuania (533.0 units)
  3. France (287.0 units)
  4. Sweden (285.0 units)
  5. Germany (218.0 units)
  6. Denmark (175.0 units)
  7. Gambia (145.0 units)
  8. Spain (144.0 units)
  9. Netherlands (125.0 units)
  10. Ghana (89.0 units)
  11. Nigeria (82.0 units)
  12. Algeria (79.0 units)
  13. Jordan (70.0 units)

Source: IndexBox Market Intelligence Platform

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