Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Spain - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Spain (CIF) - 2023
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Spain (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Spain
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Spain
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Spain (CIF) - 2023
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $2,802 per unit in October 2023, increasing by 130% against the previous month. In general, the import price showed prominent growth. The pace of growth appeared the most rapid in November 2022 an increase of 230% m-o-m. Over the period under review, average import prices reached the maximum at $3,513 per unit in June 2023; afterwards, it flattened through to October 2023.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($8,166 per unit), while the price for Japan ($540 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Turkey (+21.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Spain (FOB) - 2022
The average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $8,967 per unit in 2022, growing by 221% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 225% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($33,669 per unit), while the average price for exports to Brazil ($1,562 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 Germany (+6.7%), 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 Spain
For the fourth consecutive year, Spain recorded growth in purchases abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs, which increased by 5.8% to 72K units in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% 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 +48.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 31%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs rose significantly to $133M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.8% 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 +80.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 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 Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 26.8 | 23.0 | 70.2 | 75.8 | 41.4% |
| Japan | 1.5 | 4.1 | 7.5 | 12.0 | 100.0% |
| Austria | 2.3 | 0.2 | 5.9 | 11.8 | 72.5% |
| Czech Republic | 4.0 | 4.3 | 4.7 | 5.4 | 10.5% |
| China | 4.1 | 4.0 | 6.4 | 5.4 | 9.6% |
| France | 3.2 | 25.6 | 3.3 | 3.3 | 1.0% |
| Turkey | 0.8 | 0.2 | 1.0 | 1.7 | 28.6% |
| Switzerland | 1.4 | 3.0 | 0.1 | N/A | -73.3% |
| Others | 29.8 | 32.0 | 21.3 | 18.1 | -15.3% |
| Total | 73.9 | 96.4 | 120 | 133 | 21.6% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Spain in 2022:
- China (29.0K units)
- Germany (25.3K units)
- Austria (5.4K units)
- Turkey (4.6K units)
- Japan (1.5K units)
- Czech Republic (1.0K units)
- France (0.9K units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Spain
In 2022, after three years of growth, there was significant decline in shipments abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs, when their volume decreased by -52% to 9.5K units. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 364%. Over the period under review, the exports of hit record highs at 20K units in 2021, and then declined significantly in the following year.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs surged to $85M in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 75% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.5 | N/A | 1.2 | 29.8 | 290.6% |
| Austria | 8.0 | 20.9 | 23.7 | 23.5 | 43.2% |
| Chile | 0.8 | 1.2 | N/A | 7.8 | 113.6% |
| Italy | N/A | N/A | 0.1 | 4.4 | 4300.0% |
| Germany | 5.8 | 4.0 | 3.5 | 3.4 | -16.3% |
| France | 0.3 | 1.7 | 1.7 | 2.8 | 110.5% |
| Netherlands | N/A | 1.2 | N/A | 1.9 | 25.8% |
| China | 3.0 | N/A | 2.0 | 1.8 | -15.7% |
| Brazil | 0.5 | 0.3 | 0.4 | 1.2 | 33.9% |
| United Kingdom | 0.6 | 1.6 | 1.9 | 1.2 | 26.0% |
| Portugal | 0.3 | 1.4 | 0.3 | 0.9 | 44.2% |
| Algeria | N/A | 0.2 | 0.2 | 0.8 | 100.0% |
| Turkey | 1.0 | 0.2 | 0.9 | 0.6 | -15.7% |
| Others | 9.6 | 20.2 | 19.1 | 5.0 | -19.5% |
| Total | 30.4 | 53.1 | 55.2 | 85.1 | 40.9% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Spain in 2022:
- Chile (2420.0 units)
- Austria (1171.0 units)
- Netherlands (931.0 units)
- Russia (886.0 units)
- Brazil (781.0 units)
- France (477.0 units)
- Algeria (290.0 units)
- United Kingdom (283.0 units)
- Italy (251.0 units)
- China (249.0 units)
- Portugal (234.0 units)
- Turkey (202.0 units)
- Germany (194.0 units)
434
This report provides an in-depth analysis of the ac/dc motor market in Spain.
384
This report provides an in-depth analysis of the dc motor market in Spain.
1370
This report provides an in-depth analysis of the global ac/dc motor market.
1050
This report provides an in-depth analysis of the global dc motor market.
434
This report provides an in-depth analysis of the ac/dc motor market in Spain.
384
This report provides an in-depth analysis of the dc motor market in Spain.
1370
This report provides an in-depth analysis of the global ac/dc motor market.
1050
This report provides an in-depth analysis of the global dc motor market.
1271
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
80
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
808
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...
1201
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
1271
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
80
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
808
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...
1201
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
