Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in the Dominican Republic - 2023
Contents:
- Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in the Dominican Republic (CIF) - 2022
- Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in the Dominican Republic
Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in the Dominican Republic (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 $4,819 per unit, jumping by 760% against the previous year. In general, the import price recorded a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($17,018 per unit), while the price for the United States ($456 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+55.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in the Dominican Republic
In 2022, approx. 12 units of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion were imported into the Dominican Republic; declining by -25% against 2021. In general, imports faced a sharp decrease. Over the period under review, imports of attained the maximum at 131 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion skyrocketed to $58K in 2022. Overall, imports showed a dramatic curtailment. Imports peaked at $578K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 34.0 | 0% |
| China | 0.8 | 0.6 | 0.1 | 23.3 | 207.7% |
| United States | 410 | 17.5 | 0.2 | 0.5 | -89.3% |
| Germany | 9.8 | 5.3 | 0.7 | N/A | -73.3% |
| Italy | 29.8 | 12.4 | 1.3 | N/A | -79.1% |
| Netherlands | 26.9 | 11.4 | 1.2 | N/A | -78.9% |
| Canada | 33.0 | 13.9 | 1.5 | N/A | -78.7% |
| Others | 67.9 | 45.6 | 3.9 | N/A | -76.0% |
| Total | 578 | 107 | 9.0 | 57.8 | -53.6% |
Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to the Dominican Republic in 2022:
- China (9.0 units)
- Sweden (2.0 units)
- United States (1.0 units)
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