Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Italy - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Italy (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Italy (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Italy
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Italy
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Italy (CIF) - 2022
In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $976 per unit, shrinking by -15.7% against the previous year. Over the period under review, the import price saw a noticeable curtailment. The pace of growth appeared the most rapid in 2013 when the average import price increased by 35% against the previous year. Over the period under review, average import prices hit record highs at $2,366 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Japan ($3,177 per unit), while the price for the Philippines ($3.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.1%), 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 Italy (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $7,213 per unit, growing by 17% against the previous year. In general, the export price recorded a strong increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 63%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
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 China ($16,454 per unit), while the average price for exports to South Korea ($819 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 Jordan (+28.6%), 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 Italy
Imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs into Italy surged to 259K units in 2022, with an increase of 44% against 2021 figures. In general, imports saw a significant increase. 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 $253M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.0% 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 +68.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 38.1 | 34.0 | 31.3 | 64.1 | 18.9% |
| China | 17.6 | 34.2 | 46.0 | 41.9 | 33.5% |
| Czech Republic | 14.1 | 14.8 | 22.9 | 25.0 | 21.0% |
| Finland | 25.7 | 33.3 | 24.0 | 23.8 | -2.5% |
| Brazil | 13.5 | 17.5 | 16.1 | 17.3 | 8.6% |
| United Kingdom | 0.2 | 1.5 | 7.1 | 10.9 | 279.1% |
| Japan | 3.5 | 4.7 | 17.6 | 9.9 | 41.4% |
| Portugal | 3.4 | 8.0 | 6.7 | 7.7 | 31.3% |
| Austria | 5.9 | 12.6 | 6.7 | 6.2 | 1.7% |
| Poland | 5.0 | 3.3 | 4.5 | 5.4 | 2.6% |
| South Korea | 6.6 | 1.8 | 4.6 | 4.2 | -14.0% |
| Philippines | N/A | N/A | N/A | 0.2 | 0% |
| Others | 16.3 | 29.9 | 21.1 | 36.6 | 30.9% |
| Total | 150 | 196 | 209 | 253 | 19.0% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Italy in 2022:
- Germany (72.3K units)
- Philippines (53.2K units)
- China (30.5K units)
- Czech Republic (29.5K units)
- Finland (10.9K units)
- United Kingdom (9.5K units)
- South Korea (9.2K units)
- Brazil (6.4K units)
- Portugal (5.2K units)
- Poland (4.8K units)
- Japan (3.1K units)
- Austria (2.5K units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Italy
For the third year in a row, Italy recorded decline in shipments abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs, which decreased by -26.6% to 15K units in 2022. Overall, exports faced a deep reduction. The smallest decline of -9.5% was in 2020. Over the period under review, the exports of hit record highs at 30K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs dropped to $111M in 2022. Over the period under review, exports showed a slight setback. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $129M, and then dropped in the following year.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.0 | 12.6 | 14.3 | 14.3 | -1.6% |
| China | 8.5 | 3.3 | 12.1 | 12.6 | 14.0% |
| United States | 3.8 | 5.6 | 6.1 | 6.2 | 17.7% |
| Saudi Arabia | 5.1 | 11.1 | 11.2 | 5.7 | 3.8% |
| France | 3.6 | 2.8 | 4.9 | 4.2 | 5.3% |
| Spain | 4.5 | 2.0 | 1.7 | 3.4 | -8.9% |
| Turkey | 1.2 | 1.7 | 2.3 | 3.2 | 38.7% |
| South Korea | 2.9 | 2.6 | 1.0 | 1.7 | -16.3% |
| Jordan | 0.4 | 0.2 | 0.3 | 1.2 | 44.2% |
| Switzerland | 3.1 | 1.3 | 2.0 | 1.1 | -29.2% |
| Ukraine | 0.4 | N/A | 0.2 | 1.0 | 35.7% |
| Canada | 0.3 | 0.4 | 1.2 | 1.0 | 49.4% |
| Serbia | 0.3 | 0.2 | 0.5 | 0.7 | 32.6% |
| Others | 67.8 | 65.2 | 71.5 | 55.2 | -6.6% |
| Total | 117 | 109 | 129 | 111 | -1.7% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Italy in 2022:
- South Korea (2.1K units)
- Germany (1.7K units)
- Turkey (0.9K units)
- United States (0.9K units)
- Switzerland (0.9K units)
- China (0.8K units)
- Ukraine (0.6K units)
- Saudi Arabia (0.6K units)
- Serbia (0.5K units)
- Jordan (0.5K units)
- France (0.4K units)
- Spain (0.4K units)
- Canada (0.3K units)
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This report provides an in-depth analysis of the global dc motor market.
531
This report provides an in-depth analysis of the ac/dc motor market in Italy.
439
This report provides an in-depth analysis of the dc motor market in Italy.
1369
This report provides an in-depth analysis of the global ac/dc motor market.
1048
This report provides an in-depth analysis of the global dc motor market.
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1270
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
807
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1200
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
