Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Argentina - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Argentina (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Argentina (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Argentina
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Argentina
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Argentina (CIF) - 2022
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $9,202 per unit in 2022, reducing by -9.1% against the previous year. In general, the import price saw a slight descent. The pace of growth was the most pronounced in 2013 when the average import price increased by 53% against the previous year. The import price peaked at $17,544 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 United States ($26,299 per unit), while the price for Turkey ($2,462 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+13.2%), 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 Argentina (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $2,306 per unit, dropping by -94.6% against the previous year. Overall, the export price recorded a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 250% against the previous year. As a result, the export price reached the peak level of $42,692 per unit, and then dropped dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Chile.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +78.6% per year.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Argentina
Imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs into Argentina expanded significantly to 2.1K units in 2022, growing by 6.1% against the previous year. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs dropped modestly to $19M in 2022. Over the period under review, imports, however, recorded a pronounced downturn. The growth pace was the most rapid in 2021 when imports increased by 10%. Over the period under review, imports of attained the maximum at $22M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 8.9 | 6.7 | 8.7 | 9.0 | 0.4% |
| United States | 4.3 | 3.4 | 1.0 | 2.8 | -13.3% |
| Italy | 1.0 | 1.3 | 2.5 | 1.4 | 11.9% |
| China | 1.7 | 1.1 | 2.1 | 1.4 | -6.3% |
| Russia | 0.9 | 1.5 | 0.9 | 1.2 | 10.1% |
| Czech Republic | 0.8 | 0.4 | 0.3 | 1.0 | 7.7% |
| Turkey | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
| Others | 4.0 | 3.3 | 3.9 | 1.8 | -23.4% |
| Total | 21.7 | 17.9 | 19.7 | 19.0 | -4.3% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Argentina in 2022:
- Brazil (965.0 units)
- China (257.0 units)
- Italy (227.0 units)
- Turkey (218.0 units)
- Czech Republic (125.0 units)
- United States (105.0 units)
- Russia (105.0 units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Argentina
Exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs from Argentina soared to 50 units in 2022, picking up by 213% on 2021. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs shrank notably to $115K in 2022. Overall, exports, however, saw a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 701%. As a result, the exports attained the peak of $683K, and then contracted markedly in the following year.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 263 | 5.7 | 3.9 | 115 | -24.1% |
| Ecuador | N/A | N/A | 160 | N/A | 0% |
| Russia | N/A | N/A | 67.1 | N/A | 0% |
| Paraguay | N/A | 36.7 | 27.1 | N/A | -26.2% |
| South Africa | N/A | N/A | 18.0 | N/A | 0% |
| Others | 25.2 | 42.9 | 407 | N/A | 301.9% |
| Total | 288 | 85.3 | 683 | 115 | -26.4% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Argentina in 2022:
- Chile (50.0 units)
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