Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in France - 2023

Contents:

  1. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in France (FOB) - 2022
  2. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in France (CIF) - 2022
  3. Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in France
  4. Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in France

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in France (FOB) - 2022

In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $14,144 per unit, shrinking by -4% against the previous year. In general, the export price showed a pronounced decline. The most prominent rate of growth was recorded in 2013 when the average export price increased by 6% against the previous year. The export price peaked at $21,999 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 United States ($34,972 per unit), while the average price for exports to Hong Kong SAR ($1,038 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 the United States (+5.8%), while the prices for the other major destinations experienced a decline.

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in France (CIF) - 2022

The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $5,643 per unit in 2022, standing approx. at the previous year. Overall, the import price, however, posted a moderate expansion. The most prominent rate of growth was recorded in 2016 an increase of 59% against the previous year. As a result, import price attained the peak level of $12,372 per unit. From 2017 to 2022, the average import prices remained at a somewhat 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 Finland ($16,035 per unit), while the price for China ($1,849 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in France

In 2022, overseas shipments of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -6.6% to 8.4K units, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 30% against the previous year. As a result, the exports reached the peak of 10K 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 to $119M in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $155M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.110.817.116.0144.1%
Germany33.18.610.28.8-35.7%
Italy8.118.224.67.0-4.7%
Poland0.41.61.95.3136.6%
China7.95.38.95.3-12.5%
Spain3.33.22.64.611.7%
Belgium1.72.53.92.513.7%
Romania0.10.12.21.4141.0%
Mexico8.95.14.21.4-46.0%
India5.21.10.71.0-42.3%
Denmark0.40.30.30.931.0%
UkraineN/AN/AN/A0.50%
Hong Kong SARN/AN/AN/A0.30%
Others49.398.056.264.09.1%
Total120155133119-0.3%

Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from France in 2022:

  1. Spain (949.0 units)
  2. Germany (803.0 units)
  3. China (526.0 units)
  4. Italy (506.0 units)
  5. United States (457.0 units)
  6. Mexico (358.0 units)
  7. Hong Kong SAR (334.0 units)
  8. Ukraine (330.0 units)
  9. Belgium (322.0 units)
  10. Denmark (292.0 units)
  11. Romania (257.0 units)
  12. Poland (246.0 units)
  13. India (234.0 units)

Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in France

In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs imported into France surged to 18K units, increasing by 44% compared with the previous year's figure. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.5% against 2020 indices. As a result, imports attained 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 $101M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.8% against 2020 indices. As a result, imports reached 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 France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland23.419.36.519.9-5.3%
Germany11.613.319.619.518.9%
China11.54.57.59.6-5.8%
United States2.34.36.59.057.6%
Czech Republic5.23.23.75.1-0.6%
Brazil7.34.84.34.9-12.4%
Italy3.32.43.74.410.1%
JapanN/A1.70.24.257.2%
PortugalN/A3.54.44.06.9%
United Kingdom0.50.51.22.161.3%
Belgium0.81.01.41.626.0%
NorwayN/AN/AN/A1.10%
Austria0.60.60.21.018.6%
Others13.68.611.314.31.7%
Total80.067.870.31018.1%

Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to France in 2022:

  1. China (5.2K units)
  2. Italy (2.1K units)
  3. Germany (1.8K units)
  4. Czech Republic (1.4K units)
  5. Finland (1.2K units)
  6. Portugal (1.1K units)
  7. United States (0.9K units)
  8. Brazil (0.7K units)
  9. United Kingdom (0.6K units)
  10. Belgium (0.4K units)
  11. Japan (0.4K units)
  12. Norway (0.4K units)
  13. Austria (0.3K units)

Source: IndexBox Market Intelligence Platform

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