Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Serbia - 2024
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Serbia (CIF) - 2022
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Serbia (FOB) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Serbia
- Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Serbia
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Serbia (CIF) - 2022
In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) amounted to $6,664 per unit, growing by 20% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) increased by +46.4% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of 22% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
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 ($21,685 per unit), while the price for the Netherlands ($2,112 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+23.9%), 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 Serbia (FOB) - 2022
The average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) stood at $5,332 per unit in 2022, increasing by 30% against the previous year. In general, the export price, however, recorded a deep downturn. The export price peaked at $40,003 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($26,136 per unit), while the average price for exports to Poland ($164 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 the UK (+60.3%), 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 Serbia
In 2022, purchases abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) decreased by -3.5% to 2K units, falling for the second year in a row after two years of growth. Overall, imports saw a perceptible descent. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of 2.5K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) skyrocketed to $14M in 2022. The total import value increased at an average annual rate of +12.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.5 | 3.3 | 2.0 | 5.4 | 53.3% |
| Netherlands | 4.2 | 2.5 | 1.6 | 2.2 | -19.4% |
| Germany | 1.0 | 1.2 | 1.3 | 2.0 | 26.0% |
| United States | 0.5 | 1.8 | 3.1 | 1.3 | 37.5% |
| Italy | 0.3 | 0.7 | 1.2 | 0.8 | 38.7% |
| China | 0.1 | 0.6 | 0.3 | 0.4 | 58.7% |
| Japan | 0.6 | 0.2 | 0.2 | 0.2 | -30.7% |
| France | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Others | 1.3 | 1.4 | 1.7 | 1.1 | -5.4% |
| Total | 9.7 | 11.6 | 11.7 | 13.6 | 11.9% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) to Serbia in 2022:
- Netherlands (1042.0 units)
- United Kingdom (310.0 units)
- Germany (138.0 units)
- Italy (131.0 units)
- China (92.0 units)
- France (61.0 units)
- United States (58.0 units)
- Japan (37.0 units)
Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Serbia
In 2022, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) from Serbia surged to 1.1K units, rising by 29% on 2021 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) surged to $5.6M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bosnia and Herzegovina | 1,068 | 1,374 | 334 | 1,630 | 15.1% |
| Bulgaria | 82.0 | 427 | N/A | 1,333 | 153.3% |
| Netherlands | 1,766 | 984 | 1,420 | 1,136 | -13.7% |
| Uganda | 356 | N/A | N/A | 791 | 30.5% |
| Egypt | 147 | 166 | 247 | 101 | -11.8% |
| Iraq | 43.6 | 129 | 146 | 99.7 | 31.7% |
| Nigeria | 64.6 | 136 | 140 | 90.5 | 11.9% |
| Others | 587 | 794 | 1,059 | 448 | -8.6% |
| Total | 4,114 | 4,009 | 3,347 | 5,631 | 11.0% |
Top Export Markets for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) from Serbia in 2022:
- Netherlands (506.0 units)
- Uganda (111.0 units)
- Bosnia and Herzegovina (89.0 units)
- Nigeria (89.0 units)
- Iraq (87.0 units)
- Bulgaria (51.0 units)
- Egypt (44.0 units)
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