Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Estonia - 2023

Contents:

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

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

The average import price for electric motors and generators stood at $1,150 per unit in 2022, declining by -50.7% against the previous year. In general, the import price saw a deep reduction. The growth pace was the most rapid in 2016 an increase of 599%. As a result, import price attained the peak level of $67,391 per unit. From 2017 to 2022, the average import prices remained 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 the Netherlands ($1,803 per unit), while the price for Sweden ($187 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 (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Estonia has no trade partners to describe.

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

In 2022, supplies from abroad of electric motors and generators decreased by -20% to 8 units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a pronounced increase. The pace of growth appeared the most rapid in 2020 when imports increased by 357%. As a result, imports reached the peak of 32 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of electric motors and generators declined markedly to $9.2K in 2022. In general, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 844%. As a result, imports attained the peak of $299K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Netherlands (4.0 units)
2. Sweden (3.0 units)
3. United Kingdom (1.0 units)

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

In 2022, overseas shipments of electric motors and generators decreased by 0% to 1 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of electric motors and generators stood at $512 in 2022. Overall, exports continue to indicate a dramatic decline. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum at $1.8K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

Source: IndexBox Market Intelligence Platform