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

Contents:

  1. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Switzerland (CIF) - 2023
  2. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Switzerland (FOB) - 2023
  3. Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Switzerland
  4. Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Switzerland

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Switzerland (CIF) - 2023

The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $12,055 per unit in November 2023, reducing by -6.8% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 33% m-o-m. The import price peaked at $13,129 per unit in June 2023; afterwards, it flattened through to November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Finland ($29,700 per unit), while the price for South Korea ($1,804 per unit) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced a decline.

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Switzerland (FOB) - 2023

In November 2023, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $12,756 per unit, dropping by -16.8% against the previous month. Over the period under review, the export price, however, showed temperate growth. The most prominent rate of growth was recorded in April 2023 an increase of 161% month-to-month. Over the period under review, the average export prices attained the maximum at $29,336 per unit in February 2023; afterwards, it flattened through to November 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($32,678 per unit), while the average price for exports to the Netherlands ($3,697 per unit) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.0%), 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 Switzerland

In 2022, approx. 5.2K units of electric motors; AC motors, multi-phase, of an output exceeding 75kWs were imported into Switzerland; jumping by 26% against 2021 figures. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached 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 fell to $61M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 37%. As a result, imports reached the peak of $73M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria24.838.835.627.23.1%
Germany10.716.911.612.86.2%
Finland2.75.04.44.821.1%
China0.81.31.84.273.8%
United Kingdom0.7N/A2.32.450.8%
Sweden2.83.74.51.9-12.1%
Czech Republic0.61.11.41.638.7%
United States1.21.22.01.20.0%
Italy3.51.41.81.2-30.0%
Portugal0.70.50.60.98.7%
Poland0.30.40.20.626.0%
Netherlands1.81.10.80.3-45.0%
Others2.61.83.02.2-5.4%
Total53.473.169.961.44.8%

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

  1. Austria (1519.0 units)
  2. China (1075.0 units)
  3. Germany (1034.0 units)
  4. United States (285.0 units)
  5. Finland (266.0 units)
  6. United Kingdom (210.0 units)
  7. Czech Republic (205.0 units)
  8. Portugal (92.0 units)
  9. Sweden (88.0 units)
  10. Poland (84.0 units)
  11. Italy (73.0 units)
  12. Netherlands (17.0 units)

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

In 2022, overseas shipments of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -22% to 997 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 61% against the previous year. The exports peaked at 1.3K units in 2021, and then fell sharply in the following year.

In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs declined sharply to $16M in 2022. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 24%. As a result, the exports attained the peak of $24M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.03.23.13.722.8%
Germany6.94.63.32.5-28.7%
Sweden0.20.10.81.595.7%
Austria0.61.10.61.329.4%
Italy0.72.30.71.116.3%
France0.10.40.30.9108.0%
United States0.73.61.00.98.7%
Netherlands0.30.70.80.838.7%
Egypt0.50.2N/A0.711.9%
IndiaN/A0.60.60.3-29.3%
Belgium0.10.20.80.226.0%
TurkeyN/A0.20.30.1-29.3%
South AfricaN/AN/AN/A0.10%
Others7.26.510.31.8-37.0%
Total19.223.822.616.0-5.9%

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

  1. Netherlands (213.0 units)
  2. Germany (150.0 units)
  3. China (121.0 units)
  4. Austria (84.0 units)
  5. Sweden (72.0 units)
  6. United States (69.0 units)
  7. France (43.0 units)
  8. Egypt (29.0 units)
  9. Italy (25.0 units)
  10. India (25.0 units)
  11. Belgium (18.0 units)
  12. South Africa (17.0 units)
  13. Turkey (15.0 units)

Source: IndexBox Market Intelligence Platform

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