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

Contents:

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

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

The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $18,666 per unit in 2022, rising by 22% against the previous year. Overall, the import price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 an increase of 57% against the previous year. Over the period under review, average import prices hit record highs at $40,299 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 Germany ($75,202 per unit), while the price for China ($2,362 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of electric motors; ac motors, multi-phase, of an output exceeding 75kws into Qatar soared to 641 units, jumping by 45% against the previous year's figure. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs skyrocketed to $12M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland1982951,0795,880209.7%
United States9535381,4201,49516.2%
Italy9424,0877501,1316.3%
Germany7066721,1151,05314.3%
United KingdomN/A46749098645.3%
Singapore1,611798306588-28.5%
China39821.2414102-36.5%
France49619.566935.0-58.7%
Others1,4751,552523694-22.2%
Total6,7798,4506,76611,96520.9%

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

  1. Finland (319.0 units)
  2. United States (76.0 units)
  3. United Kingdom (69.0 units)
  4. Singapore (57.0 units)
  5. China (43.0 units)
  6. Italy (21.0 units)
  7. Germany (14.0 units)
  8. France (4.0 units)

Source: IndexBox Market Intelligence Platform

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