
Netherlands - Motors Of An Output Not Exceeding 37.5 W; Other Dc Motors And Dc Generators - Market Analysis, Forecast, Size, Trends and Insights
DC Motor Price in the Netherlands Reduces Modestly to $4.2 per Unit
Netherlands DC Motor Import Price in January 2023
In January 2023, the dc motor price stood at $4.2 per unit (CIF, Netherlands), which is down by -16.2% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 18% against the previous month. The import price peaked at $5.1 per unit in February 2022; however, from March 2022 to January 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($2.2 per unit), while the price for Vietnam totaled $1.1 per unit.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-0.5%).
COUNTRY | Import Price of DC Motor in Netherlands (USD per unit) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
China | 2.4 | 2.4 | 2.6 | 2.3 | 1.8 | 2.0 | 2.0 | 2.2 | 2.0 | 2.0 | 2.3 | 2.5 | 2.2 |
Vietnam | 1.2 | 0.9 | 1.2 | 0.9 | 1.0 | 1.5 | 0.9 | 1.3 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 |
Average | 4.4 | 5.1 | 4.4 | 4.7 | 4.3 | 3.8 | 3.8 | 4.0 | 3.8 | 3.6 | 4.2 | 5.0 | 4.2 |
Netherlands DC Motor Import Prices by Type
There were significant differences in the average prices amongst the major supplied products. In January 2023, the product with the highest price was electric motors and generators ($3,915 per unit), while the price for electric motors ($2.3 per unit) was amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was attained by electric motors and generators; DC, of an output exceeding 375kW (+8.7%), while the prices for the other products experienced more modest paces of growth.
Netherlands DC Motor Imports
In January 2023, supplies from abroad of DC motors was finally on the rise to reach 19M units for the first time since October 2022, thus ending a two-month declining trend. Over the period under review, total imports indicated a mild increase from January 2022 to January 2023: its volume increased at an average monthly rate of +1.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, imports decreased by -20.5% against October 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 62% against the previous month. Over the period under review, imports hit record highs at 24M units in October 2022; however, from November 2022 to January 2023, imports failed to regain momentum.
In value terms, DC motor imports contracted slightly to $78M (IndexBox estimates) in January 2023. Overall, imports continue to indicate mild growth. The pace of growth was the most pronounced in March 2022 with an increase of 39% m-o-m. Imports peaked at 91M units in November 2022; however, from December 2022 to January 2023, imports stood at a somewhat lower figure.
Netherlands DC Motor Imports by Type
In January 2023, electric motors (13M units) constituted the largest type of DC motor supplied to the Netherlands, with a 70% share of total imports. Moreover, electric motors exceeded the figures recorded for the second-largest type, electric motors and generators (5.5M units), twofold. The third position in this ranking was held by electric motors and generators (55K units), with a 0.3% share.
From January 2022 to January 2023, the average monthly rate of growth in terms of the volume of import of electric motors amounted to +1.2%. With regard to the other supplied products, the following average monthly rates of growth were recorded: electric motors and generators (+2.6% per month) and electric motors and generators (-2.5% per month).
In value terms, electric motors and generators ($38M), electric motors ($30M) and electric motors and generators ($9.2M) appeared to be the most imported types of DC motors in the Netherlands, with a combined 99% share of total imports. These products were followed by electric motors and generators and electric motors and generators, which together accounted for a further 0.5%.
Netherlands DC Motor Imports by Country
In January 2023, China (14M units) constituted the largest DC motor supplier to the Netherlands, with a 75% share of total imports. Moreover, DC motor imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (3.4M units), fourfold.
From January 2022 to January 2023, the average monthly growth rate of volume from China stood at +1.4%.
In value terms, China ($31M) constituted the largest supplier of DC motor to the Netherlands, comprising 40% of total imports. The second position in the ranking was held by Vietnam ($3.8M), with a 4.8% share of total imports.
From January 2022 to January 2023, the average monthly rate of growth in terms of value from China was relatively modest.
This report provides an in-depth analysis of the dc motor market in the Netherlands. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET