Price for Electric Motors; AC Motors, Single-Phase in Portugal - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Portugal (CIF) - 2023
- Price for Electric Motors; AC Motors, Single-Phase in Portugal (FOB) - 2023
- Imports of Electric Motors; AC Motors, Single-Phase in Portugal
- Exports of Electric Motors; AC Motors, Single-Phase in Portugal
Price for Electric Motors; AC Motors, Single-Phase in Portugal (CIF) - 2023
The average import price for electric motors; AC motors, single-phases stood at $11.5 per unit in June 2023, dropping by -30.2% against the previous month. In general, the import price recorded a mild decrease. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 50% against the previous month. As a result, import price attained the peak level of $17.0 per unit. From November 2022 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($49.2 per unit), while the price for China ($8.4 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 France (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Single-Phase in Portugal (FOB) - 2023
In June 2023, the average export price for electric motors; AC motors, single-phases amounted to $20.8 per unit, rising by 36% against the previous month. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 124% against the previous month. As a result, the export price attained the peak level of $24.3 per unit. From January 2023 to June 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Angola ($41.7 per unit), while the average price for exports to the UK ($7.5 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 Luxembourg (+15.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Single-Phase in Portugal
After three years of growth, purchases abroad of electric motors; AC motors, single-phases decreased by -40.5% to 973K units in 2022. In general, imports saw a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 33%. Over the period under review, imports attained the peak figure at 1.6M units in 2021, and then contracted significantly in the following year.
In value terms, electric motors; AC motors, single-phase imports fell to $19M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of $21M, and then contracted in the following year.
| Import of Electric Motors; AC Motors, Single-Phase in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.3 | 5.8 | 9.2 | 8.9 | 27.4% |
| Italy | 3.5 | 4.5 | 5.3 | 4.3 | 7.1% |
| Spain | 3.4 | 2.8 | 3.0 | 3.1 | -3.0% |
| Germany | 1.4 | 1.4 | 1.3 | 1.5 | 2.3% |
| Netherlands | 1.6 | 1.1 | 1.4 | 0.4 | -37.0% |
| Others | 0.8 | 1.2 | 1.2 | 0.8 | 0.0% |
| Total | 15.1 | 16.7 | 21.4 | 19.0 | 8.0% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Portugal in 2022:
- China (527.6K units)
- Italy (261.2K units)
- Spain (140.3K units)
- Germany (27.3K units)
- Netherlands (3.6K units)
Exports of Electric Motors; AC Motors, Single-Phase in Portugal
In 2022, exports of electric motors; AC motors, single-phases from Portugal reached 11K units, growing by 12% against 2021. The total export volume increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 27% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, electric motors; AC motors, single-phase exports skyrocketed to $1.1M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.2% 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 +73.7% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electric Motors; AC Motors, Single-Phase in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 128 | 264 | 160 | 351 | 40.0% |
| France | 86.1 | 81.3 | 84.9 | 163 | 23.7% |
| Tunisia | 8.0 | 10.0 | 41.3 | 127 | 151.3% |
| United Kingdom | 30.2 | 14.8 | 53.3 | 125 | 60.6% |
| Romania | N/A | N/A | N/A | 80.5 | 0% |
| Brazil | 7.4 | 8.0 | 65.1 | 19.9 | 39.1% |
| Switzerland | 14.1 | 11.8 | 3.2 | 13.4 | -1.7% |
| Mexico | 154 | 102 | 41.5 | 2.2 | -75.7% |
| Morocco | 58.5 | 58.7 | 34.5 | N/A | -23.2% |
| Others | 145 | 255 | 232 | 216 | 14.2% |
| Total | 631 | 805 | 715 | 1,097 | 20.2% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Portugal in 2022:
- Spain (4.4K units)
- United Kingdom (2.9K units)
- France (1.3K units)
- Tunisia (0.8K units)
- Romania (0.6K units)
- Brazil (0.3K units)
- Switzerland (0.2K units)
- Mexico (0.1K units)
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This report provides an in-depth analysis of the ac/dc motor market in Portugal.
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This report provides an in-depth analysis of the dc motor market in Portugal.
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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.
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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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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
1271
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
78
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
