Price for Electric Motors; AC Motors, Single-Phase in the Dominican Republic - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in the Dominican Republic (CIF) - 2023
- Price for Electric Motors; AC Motors, Single-Phase in the Dominican Republic (FOB) - 2022
- Imports of Electric Motors; AC Motors, Single-Phase in the Dominican Republic
- Exports of Electric Motors; AC Motors, Single-Phase in the Dominican Republic
Price for Electric Motors; AC Motors, Single-Phase in the Dominican Republic (CIF) - 2023
In March 2023, the average import price for electric motors; AC motors, single-phases amounted to $152 per unit, which is down by -30.1% against the previous month. In general, the import price, however, showed a buoyant expansion. The most prominent rate of growth was recorded in October 2022 an increase of 501% month-to-month. Over the period under review, average import prices reached the maximum at $470 per unit in April 2022; however, from May 2022 to March 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the United States ($560 per unit), while the price for China ($85.0 per unit) was amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors; AC Motors, Single-Phase in the Dominican Republic (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, single-phases amounted to $74 per unit, picking up by 27% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 43%. The export price peaked at $80 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($140 per unit), while the average price for exports to Panama ($18 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 the United States (+5.8%), while the prices for the other major destinations experienced a decline.
Imports of Electric Motors; AC Motors, Single-Phase in the Dominican Republic
In 2022, purchases abroad of electric motors; AC motors, single-phases was finally on the rise to reach 29K units after two years of decline. Over the period under review, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric motors; AC motors, single-phase imports surged to $2.8M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors; AC Motors, Single-Phase in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 310 | 466 | 401 | 1,655 | 74.8% |
| China | 579 | 448 | 454 | 842 | 13.3% |
| Spain | 96.5 | 79.6 | 48.9 | 76.7 | -7.4% |
| Italy | 155 | 67.2 | 94.5 | 27.6 | -43.7% |
| Others | 248 | 362 | 753 | 213 | -4.9% |
| Total | 1,389 | 1,422 | 1,751 | 2,814 | 26.5% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to the Dominican Republic in 2022:
- Italy (undefinedK units)
- United States (15.2K units)
- China (12.4K units)
- Spain (0.4K units)
Exports of Electric Motors; AC Motors, Single-Phase in the Dominican Republic
Electric motors; AC motors, single-phase exports from the Dominican Republic declined remarkably to 532 units in 2022, dropping by -34.2% on the year before. Overall, exports recorded a sharp downturn. The exports peaked at 41K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, electric motors; AC motors, single-phase exports contracted remarkably to $39K in 2022. In general, exports showed a significant decline. The exports peaked at $2.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electric Motors; AC Motors, Single-Phase in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,879 | 80.2 | 5.8 | 29.7 | -78.2% |
| Haiti | 2.9 | 34.5 | 6.7 | 3.8 | 9.4% |
| Panama | N/A | N/A | N/A | 3.6 | 0% |
| Cuba | 20.1 | 24.7 | N/A | 1.4 | -58.9% |
| Others | 17.7 | 4.4 | 34.5 | 0.7 | -65.9% |
| Total | 2,920 | 144 | 47.1 | 39.2 | -76.2% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from the Dominican Republic in 2022:
- United States (212.0 units)
- Panama (195.0 units)
- Haiti (55.0 units)
- Cuba (39.0 units)
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This report provides an in-depth analysis of the global dc motor market.
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This report provides an in-depth analysis of the ac/dc motor market in the Dominican Republic.
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This report provides an in-depth analysis of the dc motor market in the Dominican Republic.
1370
This report provides an in-depth analysis of the global ac/dc motor market.
1049
This report provides an in-depth analysis of the global dc motor market.
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
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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
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
79
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
