U.S.: Market for Motor Vehicle Gasoline Engines And Engine Parts 2025

Market Size for Motor Vehicle Gasoline Engines And Engine Parts in the U.S.

In 2022, the U.S. motor vehicle gasoline engine market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Motor Vehicle Gasoline Engines And Engine Parts in the U.S.

In value terms, motor vehicle gasoline engine production declined slightly to $X in 2022. The total output value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the production volume increased by X%. Motor vehicle gasoline engine production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Motor Vehicle Gasoline Engines And Engine Parts

Exports from the U.S.

In 2022, approx. X tons of motor vehicle gasoline engines and engine parts were exported from the United States; increasing by X% compared with 2021. Over the period under review, exports, however, showed a slight descent. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, motor vehicle gasoline engine exports expanded to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Mexico (X tons) was the main destination for motor vehicle gasoline engine exports from the United States, with a X% share of total exports. Moreover, motor vehicle gasoline engine exports to Mexico exceeded the volume sent to the second major destination, Canada (X tons), fivefold. The third position in this ranking was taken by Japan (X tons), with a X% share.

From 2013 to 2022, the average annual growth rate of volume to Mexico totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Japan (X% per year).

In value terms, Mexico ($X), Canada ($X) and Japan ($X) appeared to be the largest markets for motor vehicle gasoline engine exported from the United States worldwide, together accounting for X% of total exports. Spain and Italy lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Spain, with a CAGR of X%, 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

The average motor vehicle gasoline engine export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. In general, export price indicated mild growth from 2013 to 2022: its price increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motor vehicle gasoline engine export price increased by X% against 2020 indices. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Japan ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Motor Vehicle Gasoline Engines And Engine Parts

Imports into the U.S.

In 2022, overseas purchases of motor vehicle gasoline engines and engine parts increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, motor vehicle gasoline engine imports expanded sharply to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2013 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Mexico (X tons) constituted the largest supplier of motor vehicle gasoline engine to the United States, accounting for a X% share of total imports. Moreover, motor vehicle gasoline engine imports from Mexico exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. The third position in this ranking was held by China (X tons), with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of volume from Mexico amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and China (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of motor vehicle gasoline engines and engine parts to the United States, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2013 to 2022, the average annual growth rate of value from Mexico stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average motor vehicle gasoline engine import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price saw a deep setback. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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