Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in China - 2024

Contents:

1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in China (FOB) - 2022
2. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in China (CIF) - 2022
3. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in China
4. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in China

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in China (FOB) - 2022

The average export price for electric motors and generators stood at $6,607 per unit in 2022, dropping by -27.4% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. The export price peaked at $39,735 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($19,691 per unit), while the average price for exports to Paraguay ($35 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+111.5%), while the prices for the other major destinations experienced a decline.

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in China (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $41,497 per unit, growing by 411% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. Over the period under review, average import prices hit record highs at $184,685 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the United States ($115,840 per unit), while the price for Poland ($161 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+23.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in China

In 2022, exports of electric motors and generators from China surged to 3.8K units, increasing by 42% on the previous year. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 109%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of electric motors and generators rose modestly to $25M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.5% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from China in 2022:

1. Paraguay (664.0 units)
2. Namibia (651.0 units)
3. Russia (217.0 units)
4. Vietnam (205.0 units)
5. North Macedonia (187.0 units)
6. United States (187.0 units)
7. Indonesia (182.0 units)
8. India (112.0 units)
9. Pakistan (102.0 units)
10. Turkmenistan (101.0 units)
11. Malaysia (67.0 units)
12. France (61.0 units)

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in China

In 2022, the amount of electric motors and generators imported into China dropped dramatically to 35 units, which is down by -79% on 2021. Over the period under review, imports saw a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of 167 units, and then dropped dramatically in the following year.

In value terms, imports of electric motors and generators rose sharply to $1.5M in 2022. Overall, imports saw a sharp decline. Imports peaked at $4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to China in 2022:

1. United States (7.0 units)
2. South Korea (5.0 units)
3. France (3.0 units)
4. Germany (3.0 units)
5. Singapore (2.0 units)
6. Poland (2.0 units)
7. Liberia (1.0 units)
8. Netherlands (1.0 units)
9. Italy (1.0 units)
10. Taiwan (Chinese) (1.0 units)
11. United Kingdom (1.0 units)
12. Japan (1.0 units)

Source: IndexBox Market Intelligence Platform