Price for Electric Motors; AC Motors, Single-Phase in Austria - 2023

Contents:

  1. Price for Electric Motors; AC Motors, Single-Phase in Austria (CIF) - 2023
  2. Price for Electric Motors; AC Motors, Single-Phase in Austria (FOB) - 2023
  3. Imports of Electric Motors; AC Motors, Single-Phase in Austria
  4. Exports of Electric Motors; AC Motors, Single-Phase in Austria

Price for Electric Motors; AC Motors, Single-Phase in Austria (CIF) - 2023

In June 2023, the average import price for electric motors; AC motors, single-phases amounted to $32.4 per unit, falling by -25.3% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 28% month-to-month. The import price peaked at $43.3 per unit in May 2023, and then shrank remarkably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Liechtenstein ($97.9 per unit), while the price for China ($9.1 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors; AC Motors, Single-Phase in Austria (FOB) - 2023

In June 2023, the average export price for electric motors; AC motors, single-phases amounted to $27.9 per unit, reducing by -18.6% against the previous month. In general, the export price, however, recorded perceptible growth. The growth pace was the most rapid in December 2022 an increase of 159% month-to-month. As a result, the export price reached the peak level of $65.9 per unit. From January 2023 to June 2023, the the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was the Netherlands ($74.2 per unit), while the average price for exports to Poland ($8.7 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors; AC Motors, Single-Phase in Austria

Electric motors; AC motors, single-phase imports into Austria was estimated at 1.6M units in 2022, growing by 2.8% against 2021 figures. The total import volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, electric motors; AC motors, single-phase imports stood at $70M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +39.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Electric Motors; AC Motors, Single-Phase in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19.222.532.430.917.2%
Italy2.53.24.510.360.3%
Switzerland9.48.38.47.6-6.8%
Poland5.85.96.96.85.4%
China2.33.36.63.919.2%
France3.33.33.83.52.0%
South Korea0.41.12.52.379.2%
Slovenia4.11.20.51.0-37.5%
Others3.14.14.24.08.9%
Total50.252.969.870.111.8%

Top Suppliers of Electric Motors; AC Motors, Single-Phase to Austria in 2022:

  1. Germany (627.3K units)
  2. Switzerland (210.6K units)
  3. Poland (166.1K units)
  4. Italy (141.4K units)
  5. South Korea (97.5K units)
  6. China (90.0K units)
  7. France (65.8K units)
  8. Slovenia (60.8K units)

Exports of Electric Motors; AC Motors, Single-Phase in Austria

In 2022, shipments abroad of electric motors; AC motors, single-phases was finally on the rise to reach 151K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic setback. Over the period under review, the exports attained the maximum at 445K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, electric motors; AC motors, single-phase exports stood at $12M in 2022. Over the period under review, exports, however, saw a significant curtailment. The exports peaked at $26M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Electric Motors; AC Motors, Single-Phase in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia1.21.52.63.846.8%
Germany17.110.84.13.5-41.1%
France0.40.30.60.826.0%
Italy2.31.40.60.7-32.7%
Czech Republic0.80.60.50.5-14.5%
Denmark0.50.50.90.50.0%
United States0.50.10.10.3-15.7%
China0.1N/A0.10.226.0%
Others3.43.12.92.0-16.2%
Total26.418.312.312.4-22.3%

Top Export Markets for Electric Motors; AC Motors, Single-Phase from Austria in 2022:

  1. Slovenia (50.2K units)
  2. Germany (25.5K units)
  3. Italy (21.6K units)
  4. France (17.1K units)
  5. Czech Republic (7.7K units)
  6. China (4.0K units)
  7. United States (3.9K units)
  8. Denmark (2.6K units)

Source: IndexBox Market Intelligence Platform

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