Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Ecuador - 2022

Contents:

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

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

In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $20,785 per unit, picking up by 45% against the previous year. In general, the import price, however, continues to indicate a noticeable curtailment. The import price peaked at $33,343 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($33,437 per unit), while the price for Italy ($6,089 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+21.2%), 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) for Marine Propulsion in Ecuador (FOB) - 2022

In 2022, the average export price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $44,369 per unit, with an increase of 222% against the previous year. In general, the export price continues to indicate significant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 366%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +165.1% per year.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Ecuador

In 2022, approx. 279 units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion were imported into Ecuador; growing by 2.6% compared with the year before. In general, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 129% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion skyrocketed to $5.8M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 69%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Ecuador in 2022:

1. China (183.0 units)
2. South Korea (32.0 units)
3. United States (27.0 units)
4. Italy (20.0 units)
5. Japan (10.0 units)
6. France (5.0 units)

Exports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Ecuador

In 2022, after three years of growth, there was significant decline in shipments abroad of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion, when their volume decreased by -80% to 1 units. Overall, exports recorded a dramatic decrease. The pace of growth was the most pronounced in 2021 with an increase of 67%. As a result, the exports attained the peak of 5 units, and then shrank rapidly in the following year.

In value terms, exports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion fell remarkably to $44K in 2022. In general, exports, however, showed a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 48%. As a result, the exports reached the peak of $69K, and then contracted significantly in the following year.

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

1. United States (1.0 units)

Source: IndexBox Market Intelligence Platform