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

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

In 2021, after two years of decline, there was significant growth in the German market for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), when its value increased by 39% to $X. Overall, consumption, however, recorded a noticeable reduction. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft) in Germany

In value terms, production of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) reduced to $X in 2021 estimated in export price. Overall, production, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 35%. Production of peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Exports from Germany

In 2021, the amount of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) exported from Germany surged to X tons, rising by 37% on the previous year's figure. In general, total exports indicated moderate growth from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports of attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) soared to $X in 2021. Overall, total exports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Finland (X tons), Sweden (X tons) and Poland (X tons) were the main destinations of exports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) from Germany, with a combined 43% share of total exports. Italy, the United States, the Netherlands, France, the Czech Republic, China, Denmark, Estonia, Austria and Latvia lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +41.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for internal combustion engine (excl. diesel, moto vehicle and aircraft) exported from Germany were Finland ($X), Sweden ($X) and Italy ($X), together accounting for 42% of total exports. Poland, the Netherlands, the United States, France, China, Denmark, the Czech Republic, Estonia, Austria and Latvia lagged somewhat behind, together comprising a further 44%.

Estonia, with a CAGR of +41.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X per ton, almost unchanged from the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2018 an increase of 14%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Internal Combustion Engines, Excluding Diesel (Other Than For Motor Vehicles And Aircraft)

Imports into Germany

In 2021, after two years of decline, there was significant growth in purchases abroad of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft), when their volume increased by 63% to X tons. Overall, imports, however, showed a pronounced reduction. Over the period under review, imports of attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) soared to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons), Finland (X tons) and the Netherlands (X tons) were the main suppliers of imports of internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) to Germany, with a combined 61% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +115.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest internal combustion engine (excl. diesel, moto vehicle and aircraft) suppliers to Germany were Finland ($X), Belgium ($X) and Switzerland ($X), with a combined 61% share of total imports.

Finland, with a CAGR of +120.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for internal combustion engines, excluding diesel (other than for motor vehicles and aircraft) amounted to $X per ton, growing by 18% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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