Germany: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2024

Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Germany

The German market for diesel engines (other than for motor vehicles and aircraft) was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption posted a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Germany

In value terms, production of diesel engines (other than for motor vehicles and aircraft) declined slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 15% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production of growth remained at a somewhat lower figure.

Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Exports from Germany

In 2022, overseas shipments of diesel engines (other than for motor vehicles and aircraft) increased by 8.1% to X units, rising for the second consecutive year after two years of decline. Overall, total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. Over the period under review, the exports of attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of diesel engines (other than for motor vehicles and aircraft) rose modestly to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 20%. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), the Czech Republic (X units) and Italy (X units) were the main destinations of exports of diesel engines (other than for motor vehicles and aircraft) from Germany, with a combined 41% share of total exports. China, France, Japan, the UK, South Korea, Finland, Sweden, Poland, the Netherlands and Austria lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +23.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for diesel engines (other than for motor vehicles and aircraft) exported from Germany were the United States ($X), Italy ($X) and China ($X), together accounting for 40% of total exports. The UK, France, South Korea, Sweden, the Netherlands, Japan, the Czech Republic, Poland, Austria and Finland lagged somewhat behind, together comprising a further 32%.

Among the main countries of destination, Japan, with a CAGR of +6.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, shrinking by -5.4% against the previous year. In general, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to the Czech Republic ($X 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 (+6.3%), while the prices for the other major destinations experienced a decline.

Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Imports into Germany

In 2022, purchases abroad of diesel engines (other than for motor vehicles and aircraft) increased by 28% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports showed prominent growth. The growth pace was the most rapid in 2013 with an increase of 53%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of diesel engines (other than for motor vehicles and aircraft) soared to $X in 2022. In general, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.2% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 46% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of diesel engines (other than for motor vehicles and aircraft) to Germany, accounting for a 46% share of total imports. Moreover, imports of diesel engines (other than for motor vehicles and aircraft) from Japan exceeded the figures recorded by the second-largest supplier, the UK (X units), threefold. France (X units) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+5.7% per year) and France (+25.0% per year).

In value terms, the largest diesel engines (other than for motor vehicles and aircraft) suppliers to Germany were the United States ($X), the UK ($X) and Japan ($X), together comprising 59% of total imports. France, Switzerland, Italy, South Korea and the Netherlands lagged somewhat behind, together comprising a further 33%.

Among the main suppliers, France, with a CAGR of +15.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, which is down by -7.7% against the previous year. In general, the import price showed a perceptible downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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