Price for Electric Motors; AC Motors, Single-Phase in Brazil - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Brazil (CIF) - 2022
- Price for Electric Motors; AC Motors, Single-Phase in Brazil (FOB) - 2023
- Imports of Electric Motors; AC Motors, Single-Phase in Brazil
- Exports of Electric Motors; AC Motors, Single-Phase in Brazil
Price for Electric Motors; AC Motors, Single-Phase in Brazil (CIF) - 2022
The average import price for electric motors; AC motors, single-phases stood at $6.2 per unit in 2022, growing by 7.1% against the previous year. In general, the import price, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 17%. The import price peaked at $10 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($10 per unit), while the price for China ($5.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.8%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; AC Motors, Single-Phase in Brazil (FOB) - 2023
In July 2023, the average export price for electric motors; AC motors, single-phases amounted to $113 per unit, with an increase of 8.2% against the previous month. In general, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in February 2023 an increase of 30% month-to-month. Over the period under review, the average export prices reached the maximum at $157 per unit in July 2022; however, from August 2022 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was the Philippines ($480 per unit), while the average price for exports to Colombia ($56.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Single-Phase in Brazil
In 2022, the amount of electric motors; AC motors, single-phases imported into Brazil fell rapidly to 18M units, which is down by -32.5% on the previous year's figure. In general, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, imports reached the peak of 27M units, and then dropped significantly in the following year.
In value terms, electric motors; AC motors, single-phase imports shrank sharply to $113M in 2022. Overall, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 32%. As a result, imports reached the peak of $156M, and then reduced dramatically in the following year.
| Import of Electric Motors; AC Motors, Single-Phase in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 116 | 107 | 140 | 92.0 | -7.4% |
| Hong Kong SAR | 0.8 | 0.8 | 3.3 | 1.7 | 28.6% |
| Others | 14.2 | 10.5 | 12.6 | 18.9 | 10.0% |
| Total | 131 | 118 | 156 | 113 | -4.8% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Brazil in 2022:
- China (17.4M units)
- Hong Kong SAR (0.3M units)
Exports of Electric Motors; AC Motors, Single-Phase in Brazil
In 2022, shipments abroad of electric motors; AC motors, single-phases decreased by -14.8% to 291K units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 59%. As a result, the exports attained the peak of 342K units, and then reduced in the following year.
In value terms, electric motors; AC motors, single-phase exports declined slightly to $37M in 2022. Over the period under review, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 87%. As a result, the exports reached the peak of $37M, leveling off in the following year.
| Export of Electric Motors; AC Motors, Single-Phase in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.9 | 8.3 | 17.0 | 21.9 | 30.3% |
| Colombia | 1.5 | 2.2 | 2.8 | 3.2 | 28.7% |
| Ecuador | 2.7 | 1.9 | 4.0 | 1.9 | -11.1% |
| Canada | 3.2 | 2.2 | 4.0 | 1.2 | -27.9% |
| Bolivia | 1.0 | 0.8 | 1.6 | 1.0 | 0.0% |
| Paraguay | 0.7 | 0.6 | 1.4 | 0.9 | 8.7% |
| Peru | 0.2 | 0.2 | 0.4 | 0.7 | 51.8% |
| Philippines | 0.5 | 0.4 | 0.2 | 0.6 | 6.3% |
| Argentina | 0.1 | 0.3 | 0.6 | 0.6 | 81.7% |
| Australia | 0.2 | 0.2 | 0.4 | 0.5 | 35.7% |
| Guatemala | 0.4 | 0.4 | 0.6 | 0.5 | 7.7% |
| Others | 2.6 | 2.3 | 3.9 | 4.0 | 15.4% |
| Total | 23.0 | 19.7 | 36.9 | 36.9 | 17.1% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Brazil in 2022:
- United States (144.4K units)
- Colombia (35.6K units)
- Paraguay (15.3K units)
- Ecuador (13.5K units)
- Canada (13.2K units)
- Argentina (9.9K units)
- Bolivia (7.7K units)
- Peru (7.2K units)
- Philippines (5.2K units)
- Australia (4.8K units)
- Guatemala (4.1K units)
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This report provides an in-depth analysis of the ac/dc motor market in Brazil.
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This report provides an in-depth analysis of the dc motor market in Brazil.
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This report provides an in-depth analysis of the global ac/dc motor market.
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This report provides an in-depth analysis of the global dc motor market.
352
This report provides an in-depth analysis of the ac/dc motor market in Brazil.
395
This report provides an in-depth analysis of the dc motor market in Brazil.
1373
This report provides an in-depth analysis of the global ac/dc motor market.
1053
This report provides an in-depth analysis of the global dc motor market.
1275
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
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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
1275
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
82
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
