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

Contents:

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

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

In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $1,469 per unit, reducing by -36% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 50% against the previous year. Over the period under review, average import prices reached the peak figure at $2,295 per unit in 2021, and then shrank remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,829 per unit), while the price for Singapore ($304 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), 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 Pakistan (FOB) - 2022

In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $2,961 per unit, falling by -30.3% against the previous year. Overall, the export price, however, enjoyed significant growth. The growth pace was the most rapid in 2015 an increase of 402%. The export price peaked at $5,957 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +65.3% per year.

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

In 2022, approx. 4.1K units of electric motors; AC motors, multi-phase, of an output exceeding 75kWs were imported into Pakistan; declining by -13.2% compared with the previous year. Over the period under review, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year. Over the period under review, imports of reached the maximum at 6.1K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs fell remarkably to $6M in 2022. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 88%. As a result, imports reached the peak of $11M, and then declined dramatically in the following year.

Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,3063,9218,1252,880-4.5%
Italy39.720.00.4502133.0%
Germany1,75894.0240438-37.1%
Taiwan (Chinese)76.6123N/A43177.9%
Finland23389.464041421.1%
South Korea14694.022233431.8%
Brazil3.324184.7292345.6%
Singapore72.036.867.514726.9%
United Kingdom37339.82.89.7-70.4%
Romania98.5N/AN/AN/A0%
Others9131,0441,338506-17.9%
Total7,0195,70310,7215,953-5.3%

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

  1. South Korea (1086.0 units)
  2. China (752.0 units)
  3. Singapore (484.0 units)
  4. Taiwan (Chinese) (368.0 units)
  5. Germany (296.0 units)
  6. Italy (214.0 units)
  7. Brazil (168.0 units)
  8. Finland (58.0 units)
  9. United Kingdom (9.0 units)

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

In 2022, approx. 355 units of electric motors; AC motors, multi-phase, of an output exceeding 75kWs were exported from Pakistan; surging by 163% against the previous year. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 864%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs soared to $1.1M in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 588%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.34.35351,035579.4%
ChinaN/A76.8N/AN/A0%
Others32.42.438.616.3-20.5%
Total35.783.45741,051208.8%

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

  1. United States (348.0 units)

Source: IndexBox Market Intelligence Platform

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