Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia - 2024
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia (CIF) - 2024
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia (CIF) - 2024
The average import price for electric motors and generators stood at $80.8 per unit in January 2024, with a decrease of -35.9% against the previous month. Overall, the import price showed a slight slump. The growth pace was the most rapid in June 2023 when the average import price increased by 71% against the previous month. The import price peaked at $126 per unit in December 2023, and then declined dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($851 per unit), while the price for Vietnam ($24.0 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia (FOB) - 2022
The average export price for electric motors and generators stood at $270 per unit in 2022, jumping by 76% against the previous year. Overall, the export price showed a buoyant increase. The growth pace was the most rapid in 2015 when the average export price increased by 207%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($838 per unit), while the average price for exports to New Zealand ($69 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 China (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia
Imports of electric motors and generators into Australia reduced to 1.2M units in 2022, which is down by -11% compared with 2021 figures. Over the period under review, imports saw a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, imports attained the peak of 1.3M units, and then reduced in the following year.
In value terms, imports of electric motors and generators reduced to $98M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. As a result, imports attained the peak of $105M, and then contracted in the following year.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 28.9 | 35.0 | 49.5 | 38.1 | 9.7% |
| United States | 16.3 | 10.5 | 13.5 | 14.0 | -4.9% |
| Thailand | 1.9 | 2.0 | 3.1 | 5.8 | 45.1% |
| Germany | 5.3 | 5.6 | 6.0 | 5.7 | 2.5% |
| Italy | 4.3 | 4.4 | 5.3 | 5.4 | 7.9% |
| Denmark | 7.6 | 7.8 | 5.0 | 4.2 | -17.9% |
| South Africa | 2.4 | 1.7 | 2.3 | 3.3 | 11.2% |
| Japan | 3.1 | 1.8 | 2.1 | 2.5 | -6.9% |
| France | 1.4 | 1.4 | 2.4 | 2.1 | 14.5% |
| South Korea | 11.3 | 3.4 | 1.1 | 1.6 | -47.9% |
| Spain | 0.8 | 1.2 | 1.4 | 1.4 | 20.5% |
| Vietnam | 0.7 | 0.6 | 1.1 | 0.4 | -17.0% |
| Others | 11.6 | 10.9 | 12.0 | 13.6 | 5.4% |
| Total | 95.5 | 86.3 | 105 | 98.2 | 0.9% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Australia in 2022:
- China (755.0K units)
- Thailand (108.7K units)
- Denmark (43.3K units)
- Italy (28.0K units)
- United States (27.8K units)
- Japan (27.7K units)
- South Africa (20.7K units)
- South Korea (20.2K units)
- France (20.1K units)
- Spain (19.9K units)
- Germany (19.4K units)
- Vietnam (10.9K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia
In 2022, approx. 22K units of electric motors and generators were exported from Australia; which is down by -40.3% compared with the previous year. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 147% against the previous year. As a result, the exports reached the peak of 36K units, and then contracted dramatically in the following year.
In value terms, exports of electric motors and generators expanded rapidly to $5.9M in 2022. Over the period under review, total exports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +3.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 23.5 | N/A | N/A | 2,077 | 345.4% |
| Thailand | 1,710 | 1,060 | 1,278 | 1,232 | -10.4% |
| United States | 1,554 | 1,019 | 1,461 | 1,150 | -9.5% |
| New Zealand | 784 | 693 | 916 | 479 | -15.1% |
| Singapore | 104 | 78.7 | 268 | 204 | 25.2% |
| Malaysia | 185 | 58.9 | 163 | 166 | -3.5% |
| Saudi Arabia | N/A | 8.8 | 137 | N/A | 1456.8% |
| Others | 932 | 793 | 1,358 | 566 | -15.3% |
| Total | 5,292 | 3,711 | 5,582 | 5,873 | 3.5% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Australia in 2022:
- New Zealand (6.9K units)
- Poland (4.5K units)
- Thailand (3.6K units)
- United States (3.2K units)
- Malaysia (1.6K units)
- Singapore (0.5K units)
519
This report provides an in-depth analysis of the dc motor market in Australia.
330
This report provides an in-depth analysis of the ac/dc motor market in Australia.
1053
This report provides an in-depth analysis of the global dc motor market.
1373
This report provides an in-depth analysis of the global ac/dc motor market.
519
This report provides an in-depth analysis of the dc motor market in Australia.
330
This report provides an in-depth analysis of the ac/dc motor market in Australia.
1053
This report provides an in-depth analysis of the global dc motor market.
1373
This report provides an in-depth analysis of the global ac/dc motor market.
82
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
808
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1201
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
1275
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
82
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
808
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1201
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
1275
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
