China engine import and export grow in H1
China’s engine imports rose 16.58% year on year in the first half of 2008 to be valued at $813 million dollars, while import volume declined by 9.38% year on year, standing at 278,000 units.
A total of 249,100 gasoline engines were imported in China in H1 2008, 8.41% lower year-on-year. Gas-engine import in the period was $634 million, up 16.23% year on year. The import volume of engines in the 1,000 ml to 3,000 ml range dipped 1.58% to 229,400 units, accounting for 92.09% of the total imports of gas engines.
The H1 import volume of diesel engines fell 16.83% to 28,911 units, with import value up 18.01% to $179 million. The import volume of diesel engines below 132.39kW was 20,974 units, constituting 72.55% of the total.
China import engines from some major countries including Japan, Hungary, German, South Korea, Australia and the like. Japan is the largest engine sourcing country with 136,600 finished engines exported to China in H1, 54.84% of the overall import volume.
The average price of imported gas engines was $2,544 per unit, while that of diesel engines was $6,196 per unit. The diesel engine with power higher than 132.39kW was sold at $163,800.
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