Report World - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

World - Motor Vehicle Engines (Spark-Ignition) - Market Analysis, Forecast, Size, Trends and Insights

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Global Motor Vehicle Engine Market 2024

Motor Vehicle Engine Market Size

After five years of growth, the global motor vehicle engine market decreased by -4.1% to $X in 2021. In general, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +64.1% against 2012 indices. Global consumption peaked at $X in 2020, and then fell slightly in the following year.

Motor Vehicle Engine Production

In value terms, motor vehicle engine production declined slightly to $X in 2021 estimated in export price. Overall, the total production indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +47.9% against 2014 indices. The growth pace was the most rapid in 2018 when the production volume increased by 18% against the previous year. Over the period under review, global production hit record highs at $X in 2020, and then declined modestly in the following year.

Motor Vehicle Engine Exports

Exports

Global motor vehicle engine exports expanded modestly to X tons in 2021, rising by 2.2% compared with 2020 figures. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 7.3%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the global exports remained at a somewhat lower figure.

In value terms, motor vehicle engine exports rose markedly to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 11% against the previous year. The global exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Japan (X tons), followed by the United States (X tons), Germany (X tons), Hungary (X tons), South Korea (X tons), France (X tons), China (X tons), Mexico (X tons), Austria (X tons) and Poland (X tons) were the key exporters of motor vehicle engines (spark-ignition), together generating 77% of total exports. Canada (X tons), the UK (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +10.2%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest motor vehicle engine supplying countries worldwide were Germany ($X), the United States ($X) and Hungary ($X), together accounting for 36% of global exports. These countries were followed by Mexico, Japan, Austria, South Korea, Canada, China, France, Poland, the UK and Spain, which together accounted for a further 49%.

Among the main exporting countries, Poland, with a CAGR of +13.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average motor vehicle engine export price amounted to $X per ton, surging by 3.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 4.4%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2021.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the other global leaders experienced more modest paces of growth.

Motor Vehicle Engine Imports

Imports

Global motor vehicle engine imports amounted to X tons in 2021, remaining constant against the previous year. Overall, imports, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by 8.9% against the previous year. Global imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, motor vehicle engine imports rose modestly to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 8.6% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of global imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United States (X tons), distantly followed by Canada (X tons), Germany (X tons), Russia (X tons), Mexico (X tons), Turkey (X tons) and Spain (X tons) represented the key importers of motor vehicle engines (spark-ignition), together making up 61% of total imports. China (X tons), Italy (X tons), the Czech Republic (X tons), Slovakia (X tons), Hungary (X tons) and Brazil (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to motor vehicle engine imports into the United States stood at -3.9%. At the same time, Italy (+27.8%), Hungary (+13.1%), Turkey (+13.1%), Brazil (+2.9%), Spain (+2.6%) and Slovakia (+1.9%) displayed positive paces of growth. Moreover, Italy emerged as the fastest-growing importer imported in the world, with a CAGR of +27.8% from 2012-2021. The Czech Republic experienced a relatively flat trend pattern. By contrast, Mexico (-2.8%), Russia (-4.7%), Germany (-5.2%), Canada (-7.7%) and China (-9.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey, Italy and Spain increased by +4.5, +2.5 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported motor vehicle engines (spark-ignition) worldwide, comprising 25% of global imports. The second position in the ranking was held by Canada ($X), with a 9.1% share of global imports. It was followed by Germany, with an 8.4% share.

In the United States, motor vehicle engine imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Canada (-3.8% per year) and Germany (-5.4% per year).

Import Prices by Country

In 2021, the average motor vehicle engine import price amounted to $X per ton, growing by 4.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2018 when the average import price increased by 10%. Global import price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Slovakia ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of motor vehicle engine consumption in 2020 were China, Japan and the United States, together comprising 41% of global consumption. These countries were followed by India, Mexico, Indonesia, Brazil, Russia, Italy, Turkey, Canada, South Korea and France, which together accounted for a further 34%.
The countries with the highest volumes of motor vehicle engine production in 2020 were China, Japan and the United States, with a combined 42% share of global production. India, Mexico, Indonesia, Brazil, France, South Korea, Poland, Italy, the UK and Hungary lagged somewhat behind, together comprising a further 36%.
In value terms, the largest motor vehicle engine supplying countries worldwide were the United States, Germany and Hungary, with a combined 36% share of global exports. These countries were followed by Mexico, Japan, Austria, Canada, France, China, the UK, Poland, South Korea and Spain, which together accounted for a further 50%.
In value terms, the United States constitutes the largest market for imported motor vehicle engines spark-ignition) worldwide, comprising 25% of global imports. The second position in the ranking was occupied by Canada, with an 11% share of global imports. It was followed by Germany, with an 8.7% share.
The average motor vehicle engine export price stood at $15,431 per ton in 2020, growing by 3% against the previous year.
The average motor vehicle engine import price stood at $16,307 per ton in 2020, with an increase of 4.6% against the previous year.

This report provides an in-depth analysis of the global motor vehicle engine market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29101100 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity . 1 .000 cm.
  • Prodcom 29101200 - Spark-ignition reciprocating internal combustion piston engines, for the vehicles of HS .87 (excluding motorcycles), of a cylinder capacity > 1 .000 cm.

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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