Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania (CIF) - 2022
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $19,991 per unit in 2022, rising by 8.1% against the previous year. Overall, the import price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $48,961 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($110,390 per unit), while the price for Croatia ($1,115 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania (FOB) - 2022
The average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $6,625 per unit in 2022, which is down by -27.7% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 an increase of 72%. Over the period under review, the average export prices reached the peak figure at $19,086 per unit in 2013; however, from 2014 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 Italy ($22,489 per unit), while the average price for exports to Hungary ($3,888 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 Georgia (+68.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania
In 2022, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs into Romania skyrocketed to 1.3K units, growing by 98% compared with the previous year's figure. Overall, imports recorded prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs surged to $26M in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.9 | 0.4 | 1.0 | 16.3 | 162.6% |
| Italy | 0.3 | 0.2 | 0.5 | 2.4 | 100.0% |
| Germany | 2.3 | 4.0 | 6.0 | 2.4 | 1.4% |
| Austria | 0.5 | 0.4 | 0.4 | 0.7 | 11.9% |
| Norway | N/A | N/A | 0.6 | 0.6 | 0.0% |
| China | 0.4 | 0.2 | 0.2 | 0.5 | 7.7% |
| Czech Republic | 0.2 | 0.2 | 0.4 | 0.3 | 14.5% |
| United Kingdom | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Spain | 2.9 | 1.5 | 0.4 | 0.2 | -59.0% |
| Greece | 0.8 | 0.3 | 0.1 | 0.1 | -50.0% |
| Belgium | 0.4 | N/A | 0.1 | 0.1 | -37.0% |
| Others | 3.4 | 1.8 | 2.5 | 2.3 | -12.2% |
| Total | 11.9 | 9.1 | 12.3 | 26.3 | 30.3% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Romania in 2022:
- Russia (493.0 units)
- Italy (181.0 units)
- Norway (139.0 units)
- Austria (100.0 units)
- United Kingdom (95.0 units)
- China (67.0 units)
- Germany (62.0 units)
- Greece (40.0 units)
- Czech Republic (24.0 units)
- Belgium (10.0 units)
- Spain (8.0 units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania
In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs exported from Romania skyrocketed to 176 units, jumping by 85% compared with the previous year's figure. Overall, exports continue to indicate a slight increase. The most prominent rate of growth was recorded in 2021 when exports increased by 90%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs surged to $1.2M in 2022. In general, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 78%. The exports peaked at $2.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 79.7 | 66.3 | 20.5 | 221 | 40.5% |
| Ukraine | 288 | 26.7 | 53.2 | 169 | -16.3% |
| Netherlands | 21.2 | 6.5 | 6.7 | 120 | 78.2% |
| Egypt | 75.0 | 43.1 | 42.8 | 118 | 16.3% |
| Italy | 172 | 62.3 | 165 | 90.0 | -19.4% |
| Germany | 601 | 81.6 | 138 | 72.2 | -50.7% |
| Bulgaria | N/A | N/A | 81.2 | 70.4 | -13.3% |
| Georgia | 10.2 | N/A | N/A | 65.3 | 85.7% |
| Moldova | 23.9 | 1.6 | 20.7 | 50.9 | 28.7% |
| United Arab Emirates | 16.4 | 17.5 | 56.6 | 31.2 | 23.9% |
| United Kingdom | 30.0 | 6.1 | 4.6 | 27.8 | -2.5% |
| Turkey | 232 | N/A | 39.7 | 23.6 | -53.3% |
| Hungary | 35.5 | 15.1 | N/A | 15.6 | -24.0% |
| Others | 473 | 161 | 241 | 91.5 | -42.2% |
| Total | 2,058 | 488 | 871 | 1,166 | -17.3% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Romania in 2022:
- Ukraine (33.0 units)
- Egypt (25.0 units)
- France (25.0 units)
- Bulgaria (14.0 units)
- Germany (13.0 units)
- Netherlands (10.0 units)
- Moldova (10.0 units)
- United Arab Emirates (6.0 units)
- United Kingdom (6.0 units)
- Italy (4.0 units)
- Georgia (4.0 units)
- Hungary (4.0 units)
- Turkey (3.0 units)
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