Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in the UK - 2024
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in the UK (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in the UK (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in the UK
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in the UK
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in the UK (CIF) - 2022
The average import price for electric motors and generators stood at $1,577 per unit in 2022, growing by 384% against the previous year. Over the period under review, the import price recorded a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Italy ($3,725 per unit), while the price for Taiwan (Chinese) ($198 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+30.9%), 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 the UK (FOB) - 2022
The average export price for electric motors and generators stood at $2,110 per unit in 2022, with an increase of 153% against the previous year. Over the period under review, the export price, however, recorded a pronounced slump. Over the period under review, the average export prices reached the maximum at $3,504 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($3,575 per unit), while the average price for exports to Egypt ($763 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 Brazil (+64.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in the UK
In 2022, after three years of growth, there was significant decline in overseas purchases of electric motors and generators, when their volume decreased by -55.3% to 1.9K units. In general, imports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2021 when imports increased by 101%. As a result, imports reached the peak of 4.2K units, and then declined markedly in the following year.
In value terms, imports of electric motors and generators soared to $3M in 2022. Over the period under review, imports, however, saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 382 | 427 | 134 | 1,635 | 62.4% |
| Germany | 103 | 112 | 64.6 | 428 | 60.8% |
| United States | 625 | 551 | 632 | 247 | -26.6% |
| China | 56.7 | 92.9 | 120 | 236 | 60.9% |
| France | 152 | 34.6 | 21.6 | 109 | -10.5% |
| Czech Republic | 2.1 | N/A | N/A | 103 | 266.0% |
| Ireland | 33.1 | 85.5 | 11.8 | 96.2 | 42.7% |
| Taiwan (Chinese) | 1.3 | 7.6 | N/A | 9.9 | 96.7% |
| Vietnam | N/A | N/A | 13.7 | N/A | 0% |
| Mexico | N/A | 109 | N/A | N/A | 0% |
| Others | 188 | 293 | 387 | 130 | -11.6% |
| Total | 1,542 | 1,712 | 1,385 | 2,994 | 24.8% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to the UK in 2022:
- Germany (479.0 units)
- Italy (439.0 units)
- United States (364.0 units)
- China (238.0 units)
- France (69.0 units)
- Czech Republic (57.0 units)
- Ireland (53.0 units)
- Taiwan (Chinese) (50.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in the UK
In 2022, overseas shipments of electric motors and generators decreased by -58.1% to 886 units for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 34%. As a result, the exports reached the peak of 2.1K units, and then shrank rapidly in the following year.
In value terms, exports of electric motors and generators reached $1.9M in 2022. Over the period under review, total exports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +4.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -30.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 65%. As a result, the exports attained the peak of $2.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.0 | 4.6 | 20.0 | 447 | 664.6% |
| United States | 47.5 | 109 | 278 | 286 | 81.9% |
| Belgium | N/A | 3.7 | 55.9 | 217 | 665.8% |
| Kenya | N/A | N/A | N/A | 142 | 0% |
| Ireland | 76.1 | 112 | 278 | 136 | 21.4% |
| France | N/A | 217 | 3.4 | 54.6 | -49.8% |
| Egypt | N/A | 579 | N/A | 39.7 | -73.8% |
| Germany | 4.6 | 13.6 | 185 | 24.0 | 73.4% |
| Dominican Republic | 5.0 | N/A | N/A | N/A | 0% |
| Portugal | 245 | 2.9 | 8.4 | N/A | -81.5% |
| Taiwan (Chinese) | 272 | N/A | N/A | N/A | 0% |
| Canada | 273 | 154 | N/A | N/A | -43.6% |
| Turkey | N/A | N/A | 135 | N/A | 0% |
| Others | 705 | 1,491 | 800 | 523 | -9.5% |
| Total | 1,629 | 2,686 | 1,764 | 1,869 | 4.7% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from the UK in 2022:
- United States (242.0 units)
- Poland (231.0 units)
- Belgium (99.0 units)
- Kenya (56.0 units)
- Egypt (52.0 units)
- Ireland (47.0 units)
- France (46.0 units)
- Germany (14.0 units)
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