Price for Electric Motors; AC Motors, Single-Phase in Ecuador - 2022
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Ecuador (CIF) - 2022
- Price for Electric Motors; AC Motors, Single-Phase in Ecuador (FOB) - 2022
- Imports of Electric Motors; AC Motors, Single-Phase in Ecuador
- Exports of Electric Motors; AC Motors, Single-Phase in Ecuador
Price for Electric Motors; AC Motors, Single-Phase in Ecuador (CIF) - 2022
In 2022, the average import price for electric motors; AC motors, single-phases amounted to $34 per unit, reducing by -46.2% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 16% against the previous year. The import price peaked at $80 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($261 per unit), while the price for China ($17 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+25.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors; AC Motors, Single-Phase in Ecuador (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, single-phases amounted to $67 per unit, with an increase of 6.3% against the previous year. In general, the export price, however, saw a noticeable slump. The pace of growth was the most pronounced in 2021 when the average export price increased by 70%. The export price peaked at $95 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cuba ($238 per unit), while the average price for exports to Nicaragua ($1 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 Cuba (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Single-Phase in Ecuador
In 2022, electric motors; ac motors, single-phase imports into Ecuador skyrocketed to 194K units, growing by 53% on the previous year's figure. Over the period under review, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric motors; AC motors, single-phase imports shrank markedly to $6.6M in 2022. Overall, imports, however, saw a mild curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 54% against the previous year. As a result, imports attained the peak of $8M, and then declined notably in the following year.
| Import of Electric Motors; AC Motors, Single-Phase in Ecuador (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.2 | 0.9 | 1.3 | 2.9 | 34.2% |
| Brazil | 2.9 | 2.2 | 3.8 | 2.3 | -7.4% |
| Italy | 1.1 | 0.8 | 1.3 | 0.4 | -28.6% |
| South Korea | N/A | N/A | N/A | 0.4 | 0% |
| Mexico | 0.6 | 0.6 | 0.9 | 0.1 | -45.0% |
| United States | 0.8 | 0.3 | 0.4 | 0.1 | -50.0% |
| Others | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Total | 6.9 | 5.2 | 8.0 | 6.6 | -1.5% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Ecuador in 2022:
- China (175.6K units)
- Brazil (9.8K units)
- South Korea (3.2K units)
- Italy (1.5K units)
- Mexico (1.1K units)
- United States (0.6K units)
Exports of Electric Motors; AC Motors, Single-Phase in Ecuador
In 2022, exports of electric motors; AC motors, single-phases from Ecuador reduced remarkably to 43 units, shrinking by -40.3% against the previous year's figure. Over the period under review, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 118% against the previous year. The exports peaked at 99 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 fell sharply to $2.9K in 2022. In general, exports showed a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 271%. The exports peaked at $6.3K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electric Motors; AC Motors, Single-Phase in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 4,044 | 748 | 1,928 | 1,419 | -29.5% |
| United Kingdom | N/A | N/A | N/A | 434 | 0% |
| Cuba | 356 | 139 | 593 | 238 | -12.6% |
| United States | 298 | 110 | 441 | 171 | -16.9% |
| Colombia | 344 | 53.0 | 167 | 116 | -30.4% |
| Panama | 16.0 | 11.0 | 83.0 | 107 | 88.4% |
| Guatemala | 232 | 39.0 | 1.0 | 65.0 | -34.6% |
| Peru | 284 | 1.0 | 77.0 | 58.0 | -41.1% |
| Costa Rica | 41.0 | 14.0 | 52.0 | 18.0 | -24.0% |
| Dominican Republic | 2.0 | 1.0 | 4.0 | 2.0 | 0.0% |
| Venezuela | 5.0 | 2.0 | 6.0 | 2.0 | -26.3% |
| Bolivia | 2.0 | 1.0 | 2.0 | 1.0 | -20.6% |
| Nicaragua | 2.0 | 1.0 | 2.0 | 1.0 | -20.6% |
| Others | 650 | 96.0 | 1,157 | 234 | -28.9% |
| Total | 6,276 | 1,216 | 4,513 | 2,866 | -23.0% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Ecuador in 2022:
- Canada (16.0 units)
- United States (4.0 units)
- Panama (3.0 units)
- United Kingdom (3.0 units)
- Guatemala (3.0 units)
- Colombia (3.0 units)
- Peru (1.0 units)
- Cuba (1.0 units)
- Nicaragua (1.0 units)
- Costa Rica (1.0 units)
- Dominican Republic (1.0 units)
- Bolivia (1.0 units)
- Venezuela (1.0 units)
377
This report provides an in-depth analysis of the ac/dc motor market in Ecuador.
279
This report provides an in-depth analysis of the dc motor market in Ecuador.
1373
This report provides an in-depth analysis of the global ac/dc motor market.
1054
This report provides an in-depth analysis of the global dc motor market.
377
This report provides an in-depth analysis of the ac/dc motor market in Ecuador.
279
This report provides an in-depth analysis of the dc motor market in Ecuador.
1373
This report provides an in-depth analysis of the global ac/dc motor market.
1054
This report provides an in-depth analysis of the global dc motor market.
1276
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
89
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
809
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
1276
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
89
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
809
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
