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World - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

World - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights

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Nov 27, 2023

Best Import Markets for Motor Vehicle Engine

When it comes to import markets for motor vehicle engines, several countries stand out as the world leaders. These countries not only have a high demand for motor vehicle engines but also have a strong automotive industry that requires a constant supply of high-quality engines. In this article, we will explore the top 10 import markets for motor vehicle engines based on their import value, using data from the IndexBox market intelligence platform.

1. United States

The United States tops the list as the largest import market for motor vehicle engines. In 2022, the import value of motor vehicle engines in the United States was a staggering $9.3 billion. This high demand can be attributed to the large size of the US automotive industry, which is one of the largest in the world. The United States imports engines from various countries to meet its requirements.

2. Germany

Germany is the second-largest import market for motor vehicle engines, with an import value of $3.4 billion in 2022. As the home to some of the world's leading automotive manufacturers, such as Volkswagen, BMW, and Mercedes-Benz, Germany relies on a steady supply of high-performance engines for its domestic production. Additionally, Germany also imports engines to cater to the demand from its vibrant aftermarket industry.

3. Canada

Canada ranks third in the list of top import markets for motor vehicle engines, with an import value of $3.2 billion in 2022. The Canadian automotive industry heavily depends on imported engines, as the domestic production is limited. The high demand for engines in Canada can be attributed to the large number of vehicles on the road and the need for engine replacements and upgrades.

4. Mexico

Mexico follows closely behind Canada as the fourth-largest import market for motor vehicle engines, with an import value of $2.8 billion in 2022. Mexico has a rapidly growing automotive industry, fueled by the presence of major automakers and a favorable business environment. The demand for engines in Mexico is driven by both domestic production and imports to meet the growing needs of the industry.

5. Spain

Spain is another significant import market for motor vehicle engines, with an import value of $1.9 billion in 2022. The Spanish automotive industry is known for its strong focus on manufacturing, particularly in the production of vehicles and components. Spain imports engines to support its domestic production and cater to the demand from the aftermarket and export markets.

6. Turkey

Turkey is a notable player in the import market for motor vehicle engines, with an import value of $1.2 billion in 2022. The Turkish automotive industry has witnessed significant growth in recent years, with several multinational automakers establishing production facilities in the country. Turkey imports engines to meet the demand from its domestic production as well as for aftermarket use and exports.

7. Russia

Russia ranks seventh in the list of top import markets for motor vehicle engines, with an import value of $1.0 billion in 2022. The Russian automotive industry has shown resilience and potential for growth, with a significant number of vehicles being produced and sold in the country. However, the domestic production of engines is limited, leading to a reliance on imports to meet the industry's demands.

8. Czech Republic

The Czech Republic is another important import market for motor vehicle engines, with an import value of $952.6 million in 2022. The Czech automotive industry has experienced substantial growth, driven by the presence of major automakers and a skilled workforce. The demand for engines in the Czech Republic is met through both domestic production and imports from various countries.

9. Slovakia

With an import value of $951.2 million in 2022, Slovakia secures the ninth spot on the list of top import markets for motor vehicle engines. Slovakia has become a hub for automotive production, with several multinational companies having production facilities in the country. The demand for engines in Slovakia is met through a combination of domestic production and imports.

10. Morocco

Finally, Morocco completes the list as the tenth-largest import market for motor vehicle engines, with an import value of $750.1 million in 2022. The Moroccan automotive industry has witnessed significant growth in recent years, attracting investments from major players in the industry. The demand for engines in Morocco is primarily driven by domestic production, but imports are also crucial to meet the growing needs of the industry.

In conclusion, the world's best import markets for motor vehicle engines are dominated by countries with strong automotive industries and high demand for engines. The United States, Germany, and Canada lead the pack, followed closely by Mexico, Spain, Turkey, Russia, the Czech Republic, Slovakia, and Morocco. These countries rely on a combination of domestic production and imports to meet the growing needs of their automotive industries. The data used in this article is sourced from the IndexBox market intelligence platform, which provides comprehensive and up-to-date information on various industries and markets.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global motor vehicle engine market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29101100 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity . 1 .000 cm.
  • Prodcom 29101200 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity > 1 .000 cm.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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