Malta: Diesel Engine Market 2020

Diesel Engine Market Size in Malta

The revenue of the diesel engine market in Malta amounted to $X in 2018, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, diesel engine consumption, however, continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Malta diesel engine consumption peaked at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Diesel Engine Exports

Exports from Malta

In 2018, approx. X units of diesel engines (other than for motor vehicles and aircraft) were exported from Malta; growing by X% against the previous year. Over the period under review, diesel engine exports, however, continue to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Malta exports peaked at X units in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, diesel engine exports totaled $X in 2018. In general, diesel engine exports, however, continue to indicate a remarkable expansion. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. In that year, diesel engine exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

China (X units) and Japan (X units) represented roughly X% of total exports of diesel engines (other than for motor vehicles and aircraft) in 2018. Germany (X units) took the next position in the ranking, followed by France (X units). All these countries together held near X% share of total exports. The U.S. (X units), Italy (X units), Yemen (X units), South Korea (X units), the UK (X units), India (X units), Sweden (X units) and the Netherlands (X units) took a little share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Yemen (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest diesel engine markets from Malta were Japan ($X), Germany ($X) and the UK ($X), with a combined X% share of total exports. These countries were followed by the U.S., China, France, Italy, South Korea, Sweden, India, the Netherlands, Yemen and Malta, which together accounted for a further X the main exporting countries, Yemen recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the diesel engine export price in Malta amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the diesel engine export price continues to indicate outstanding growth. The pace of growth appeared the most rapid in 2013 when the export price increased by X% year-to-year. Malta export price peaked in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the UK ($X per unit), while Yemen ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Diesel Engine Imports

Imports into Malta

In 2018, the imports of diesel engines (other than for motor vehicles and aircraft) into Malta amounted to X units, surging by X% against the previous year. Overall, diesel engine imports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Malta imports peaked at X units in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, diesel engine imports totaled $X in 2018. Over the period under review, diesel engine imports, however, continue to indicate a measured deduction. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Malta imports peaked at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

China was the key importer of diesel engines (other than for motor vehicles and aircraft) in the world, with the volume of imports accounting for X units, which was near X% of total imports in 2018. South Korea (X units) held the second position in the ranking, followed by the United Arab Emirates (X units), the Philippines (X units), the U.S. (X units) and Myanmar (X units). All these countries together occupied approx. X% share of total imports. The UK (X units), India (X units), Singapore (X units), Italy (X units) and France (X units) took a little share of total imports.

Imports into China increased at an average annual rate of +X% from 2007 to 2018. At the same time, the United Arab Emirates (+X%), South Korea (+X%), Singapore (+X%), the Philippines (+X%) and Myanmar (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. India and Italy experienced a relatively flat trend pattern. By contrast, the UK (-X%), France (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. China (+X p.p.), the United Arab Emirates (+X p.p.), South Korea (+X p.p.), the Philippines (+X p.p.) and Singapore (+X p.p.) significantly strengthened its position in terms of the global imports, while the UK, France and the U.S. saw its share reduced by -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest diesel engine importing markets into Malta were the U.S. ($X), China ($X) and Italy ($X), together comprising X% of total imports. The UK, France, South Korea, Singapore, India, the Philippines, the United Arab Emirates, Myanmar and Malta lagged somewhat behind, together accounting for a further X terms of the main importing countries, the Philippines experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The diesel engine import price in Malta stood at $X per unit in 2018, going down by -X% against the previous year. Over the period under review, the diesel engine import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. In that year, the import prices for diesel engines (other than for motor vehicles and aircraft) reached their peak level of $X per unit, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform