Price for Electric Motors; AC Motors, Single-Phase in Austria - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Austria (CIF) - 2023
- Price for Electric Motors; AC Motors, Single-Phase in Austria (FOB) - 2023
- Imports of Electric Motors; AC Motors, Single-Phase in Austria
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 19.2 | 22.5 | 32.4 | 30.9 | 17.2% |
Italy | 2.5 | 3.2 | 4.5 | 10.3 | 60.3% |
Switzerland | 9.4 | 8.3 | 8.4 | 7.6 | -6.8% |
Poland | 5.8 | 5.9 | 6.9 | 6.8 | 5.4% |
China | 2.3 | 3.3 | 6.6 | 3.9 | 19.2% |
France | 3.3 | 3.3 | 3.8 | 3.5 | 2.0% |
South Korea | 0.4 | 1.1 | 2.5 | 2.3 | 79.2% |
Slovenia | 4.1 | 1.2 | 0.5 | 1.0 | -37.5% |
Others | 3.1 | 4.1 | 4.2 | 4.0 | 8.9% |
Total | 50.2 | 52.9 | 69.8 | 70.1 | 11.8% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Austria in 2022:
- Germany (627.3K units)
- Switzerland (210.6K units)
- Poland (166.1K units)
- Italy (141.4K units)
- South Korea (97.5K units)
- China (90.0K units)
- France (65.8K units)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Slovenia | 1.2 | 1.5 | 2.6 | 3.8 | 46.8% |
Germany | 17.1 | 10.8 | 4.1 | 3.5 | -41.1% |
France | 0.4 | 0.3 | 0.6 | 0.8 | 26.0% |
Italy | 2.3 | 1.4 | 0.6 | 0.7 | -32.7% |
Czech Republic | 0.8 | 0.6 | 0.5 | 0.5 | -14.5% |
Denmark | 0.5 | 0.5 | 0.9 | 0.5 | 0.0% |
United States | 0.5 | 0.1 | 0.1 | 0.3 | -15.7% |
China | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
Others | 3.4 | 3.1 | 2.9 | 2.0 | -16.2% |
Total | 26.4 | 18.3 | 12.3 | 12.4 | -22.3% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Austria in 2022:
- Slovenia (50.2K units)
- Germany (25.5K units)
- Italy (21.6K units)
- France (17.1K units)
- Czech Republic (7.7K units)
- China (4.0K units)
- United States (3.9K units)
- Denmark (2.6K units)
This report provides an in-depth analysis of the ac/dc motor market in Austria.
This report provides an in-depth analysis of the dc motor market in Austria.
This report provides an in-depth analysis of the global ac/dc motor market.
This report provides an in-depth analysis of the global dc motor market.
This report provides an in-depth analysis of the ac/dc motor market in Austria.
This report provides an in-depth analysis of the dc motor market in Austria.
This report provides an in-depth analysis of the global ac/dc motor market.
This report provides an in-depth analysis of the global dc motor market.
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
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...
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