Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belarus - 2022
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belarus (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belarus (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belarus
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belarus
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belarus (CIF) - 2022
In March 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $29,083 per unit, dropping by -56.1% against the previous month. Over the period under review, the import price faced a sharp curtailment. As a result, import price attained the peak level of $66,300 per unit, and then reduced rapidly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Russia ($42,776 per unit), while the price for China ($8,262 per unit) was amongst the lowest.
From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by China (+89.9%), 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 Belarus (FOB) - 2022
The average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $1,331 per unit in 2022, waning by -44.2% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of 103%. The export price peaked at $10,495 per unit in 2014; however, from 2015 to 2022, the export prices remained at a 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 the Czech Republic ($6,903 per unit), while the average price for exports to Hungary ($162 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 Kyrgyzstan (+0.6%), while the prices for the other major destinations experienced a decline.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belarus
In 2022, purchases abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -21.5% to 1.3K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 25%. Imports peaked at 1.7K units in 2021, and then reduced remarkably in the following year.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs reduced modestly to $43M in 2022. In general, imports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Over the period under review, imports of reached the maximum at $53M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 32.9 | 22.8 | 26.9 | 33.3 | 0.4% |
| United States | 8.8 | 1.4 | 1.2 | 4.6 | -19.4% |
| Poland | 4.7 | 8.2 | 10.2 | 2.0 | -24.8% |
| China | 0.9 | 1.0 | 0.3 | 0.8 | -3.9% |
| Austria | 0.1 | N/A | 0.2 | 0.5 | 71.0% |
| Czech Republic | 0.6 | 0.5 | 0.5 | 0.3 | -20.6% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| Ukraine | 3.4 | 0.7 | 1.0 | N/A | -45.8% |
| Others | 1.5 | 3.0 | 3.4 | 1.2 | -7.2% |
| Total | 53.0 | 37.8 | 43.8 | 42.6 | -7.0% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Belarus in 2022:
- Russia (796.0 units)
- Poland (153.0 units)
- China (122.0 units)
- United States (58.0 units)
- Czech Republic (37.0 units)
- Austria (36.0 units)
- Japan (21.0 units)
- Ukraine (1.0 units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belarus
In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs exported from Belarus soared to 253 units, jumping by 18% compared with the previous year. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 501% against the previous year. As a result, the exports attained the peak of 451 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs shrank significantly to $337K in 2022. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 255%. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 20.9 | 227 | 102 | 107 | 72.4% |
| Czech Republic | 11.3 | 92.4 | 166 | 89.7 | 99.5% |
| Russia | 104 | 331 | 93.0 | 50.3 | -21.5% |
| Kyrgyzstan | 48.4 | 181 | 57.2 | 36.9 | -8.6% |
| Hungary | N/A | N/A | N/A | 0.8 | 0% |
| Austria | N/A | 53.4 | N/A | N/A | 0% |
| Others | 209 | 510 | 94.4 | 52.3 | -37.0% |
| Total | 393 | 1,395 | 513 | 337 | -5.0% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Belarus in 2022:
- Ukraine (135.0 units)
- Kyrgyzstan (57.0 units)
- Russia (31.0 units)
- Czech Republic (13.0 units)
- Hungary (5.0 units)
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This report provides an in-depth analysis of the ac/dc motor market in Belarus.
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