Malta: Motor Vehicle Engine Market 2020

Motor Vehicle Engine Market Size in Malta

The revenue of the motor vehicle engine market in Malta amounted to $X in 2018, coming down by -X% against the previous year. Overall, motor vehicle engine consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the market value increased by X% against the previous year. Over the period under review, the motor vehicle engine market attained its peak figure level at $X in 2010; however, from 2011 to 2018, consumption failed to regain its momentum.

Motor Vehicle Engine Production in Malta

In value terms, motor vehicle engine production stood at $X in 2018 estimated in export prices. Overall, motor vehicle engine production, however, continues to indicate a moderate decline. The most prominent rate of growth was recorded in 2014 when production volume increased by X% y-o-y. Malta motor vehicle engine production peaked at $X in 2015; however, from 2016 to 2018, production stood at a somewhat lower figure.

Motor Vehicle Engine Exports

Exports from Malta

In 2018, the exports of motor vehicle engines (spark-ignition) from Malta stood at X units, flattening at the previous year. In general, motor vehicle engine exports continue to indicate extraordinary growth. The pace of growth appeared the most rapid in 2009 when exports increased by X% year-to-year. Malta exports peaked at X units in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, motor vehicle engine exports stood at $X in 2018. Overall, motor vehicle engine exports continue to indicate a moderate increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Malta exports peaked at $X in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Germany (X units), distantly followed by the U.S. (X units), Japan (X units), China (X units), Mexico (X units), Hungary (X units) and Austria (X units) were the major exporters of motor vehicle engines (spark-ignition), together making up X% of total exports. The UK (X units), Canada (X units), France (X units), Romania (X units) and South Korea (X units) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2018. At the same time, South Korea (+X%), France (+X%), Romania (+X%), Austria (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Japan experienced a relatively flat trend pattern. By contrast, Mexico (-X%), Canada (-X%), Hungary (-X%), China (-X%) and the UK (-X%) illustrated a downward trend over the same period. While the share of Germany (+X p.p.), France (+X p.p.), the U.S. (+X p.p.) and Romania (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Hungary (-X p.p.), Mexico (-X p.p.), the UK (-X p.p.) and China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest motor vehicle engine markets from Malta were the U.S. ($X), Germany ($X) and Japan ($X), with a combined X% share of total exports. These countries were followed by Hungary, Mexico, Canada, France, Austria, the UK, China, South Korea, Romania and Malta, which together accounted for a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the motor vehicle engine export price in Malta amounted to $X per unit, lowering by -X% against the previous year. Overall, the motor vehicle engine export price continues to indicate a precipitous contraction. The pace of growth was the most pronounced in 2011 when the export price increased by X% y-o-y. Malta export price peaked at $X per unit in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

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

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

Motor Vehicle Engine Imports

Imports into Malta

In 2018, approx. X units of motor vehicle engines (spark-ignition) were imported into Malta; going up by X% against the previous year. Overall, motor vehicle engine imports, however, continue to indicate an abrupt descent. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, motor vehicle engine imports attained their maximum at X units in 2009; however, from 2010 to 2018, imports remained at a lower figure.

In value terms, motor vehicle engine imports stood at $X in 2018. In general, motor vehicle engine imports, however, continue to indicate an abrupt slump. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. In that year, motor vehicle engine imports attained their peak of $X. From 2012 to 2018, the growth of motor vehicle engine imports remained at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X units), distantly followed by Mexico (X units), Canada (X units) and Germany (X units) were the main importers of motor vehicle engines (spark-ignition), together generating X% of total imports. Russia (X units), China (X units), Turkey (X units), Spain (X units), the Czech Republic (X units), Poland (X units), Hungary (X units) and Brazil (X units) occupied a relatively small share of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Mexico (+X%), Turkey (+X%), Hungary (+X%), Brazil (+X%), Russia (+X%), China (+X%), Poland (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Canada (-X%), Spain (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Mexico, the U.S., Turkey, Russia and China increased by +X%, +X%, +X%, +X% and +X% percentage points, while Canada (-X p.p.), Spain (-X p.p.) and Germany (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported motor vehicle engines (spark-ignition) into Malta, comprising X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., motor vehicle engine imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Canada (-X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the motor vehicle engine import price in Malta amounted to $X per unit, growing by X% against the previous year. In general, the motor vehicle engine import price continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2011 when the import price increased by X% year-to-year. Malta import price peaked at $X per unit in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform