Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovakia - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovakia (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovakia (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovakia
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovakia
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovakia (CIF) - 2022
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $3,250 per unit in 2022, shrinking by -26.7% against the previous year. Overall, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 223%. The import price peaked at $7,122 per unit in 2018; however, from 2019 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 Poland ($6,570 per unit), while the price for Hungary ($107 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.3%), 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 Slovakia (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $5,323 per unit, shrinking by -50.7% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of 3,080% against the previous year. The export price peaked at $11,068 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 Spain ($28,037 per unit), while the average price for exports to Hungary ($602 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 Czech Republic (+30.5%), 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 Slovakia
Imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs into Slovakia skyrocketed to 2.8K units in 2022, increasing by 91% against the previous year's figure. In general, imports posted strong growth. 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 $9.1M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,763 | 3,869 | 4,030 | 4,146 | 33.0% |
| Poland | 397 | 282 | 43.8 | 1,833 | 66.5% |
| Czech Republic | 1,624 | 1,028 | 1,204 | 1,007 | -14.7% |
| Finland | 1,045 | 117 | 326 | 769 | -9.7% |
| Austria | 35.5 | 447 | 121 | 614 | 158.6% |
| Slovenia | N/A | 305 | 384 | 503 | 28.4% |
| China | 1,630 | 348 | 320 | 150 | -54.9% |
| Italy | 150 | 0.5 | 0.2 | 26.6 | -43.8% |
| Hungary | N/A | 5.7 | 13.4 | 8.1 | 19.2% |
| France | 379 | N/A | 11.0 | 0.4 | -89.8% |
| Others | 425 | 327 | 54.8 | 41.4 | -54.0% |
| Total | 7,448 | 6,729 | 6,510 | 9,099 | 6.9% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Slovakia in 2022:
- Germany (727.0 units)
- Czech Republic (713.0 units)
- Slovenia (497.0 units)
- Poland (279.0 units)
- Austria (272.0 units)
- Finland (153.0 units)
- Hungary (76.0 units)
- China (51.0 units)
- Italy (21.0 units)
- France (1.0 units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovakia
In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs exported from Slovakia soared to 571 units, increasing by 130% compared with the previous year's figure. In general, exports continue to indicate a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs rose remarkably to $3M in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 81% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 47.6 | 33.3 | 95.9 | 977 | 173.8% |
| Czech Republic | 298 | 737 | 688 | 749 | 36.0% |
| Spain | N/A | 5.2 | 5.2 | 308 | 669.6% |
| Germany | 0.8 | 3.4 | 61.7 | 84.7 | 373.1% |
| Austria | 174 | 6.3 | 2.1 | 1.9 | -77.8% |
| Japan | 79.4 | N/A | N/A | N/A | 0% |
| Others | 560 | 695 | 1,825 | 919 | 18.0% |
| Total | 1,160 | 1,480 | 2,678 | 3,039 | 37.9% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Slovakia in 2022:
- Italy (421.0 units)
- Czech Republic (57.0 units)
- Germany (29.0 units)
- Spain (11.0 units)
- Austria (1.0 units)
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