The global import market for diesel engines for motor vehicles is largely dominated by Mexico, with the United States and Germany following closely. In 2023, Mexico showed a 2.73% year-on-year increase, continuing its positive trajectory. The United States experienced a 3.26% rise, while Germany saw a slight decline of 0.55%. Notable growth was seen in Russia (6.78%), South Korea (9.27%), and several smaller markets including Azerbaijan (21.96%) and Armenia (11.42%). Conversely, countries like India (-10.79%), Luxembourg (-7.1%), and Uruguay (-14.69%) saw significant declines.
Future trends indicate potential growth in markets with emerging automotive industries and infrastructure development such as South Korea, Russia, and various South American countries. Additionally, shifts in geopolitical stability and global emissions regulations could influence import shares and drive regional diversification in diesel engine demand.
Top countries in Import of Diesel Engines for Motor Vehicles Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Mexico | 20.36 | 2023 | +3.55% | +2.73% | View data |
2 | 2 United States | 12.89 | 2023 | +2.82% | +3.26% | View data |
3 | 3 Germany | 11.67 | 2023 | -1.64% | -0.55% | View data |
4 | 4 Spain | 7.91 | 2023 | +2.59% | +2.89% | View data |
5 | 5 Czech Republic | 4.53 | 2023 | +2.73% | +1.2% | View data |
6 | 6 France | 3.75 | 2023 | +0.39% | +0.18% | View data |
7 | 7 United Kingdom | 3.47 | 2023 | -2.47% | -2.13% | View data |
8 | 8 Russia | 3.38 | 2023 | +3.27% | +6.78% | View data |
9 | 9 Poland | 3.13 | 2023 | +4.19% | +3.81% | View data |
10 | 10 Italy | 2.8 | 2023 | +1.05% | +1.64% | View data |