Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus
  4. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus (CIF) - 2022

The average import price for electric motors and generators stood at $37,854 per unit in March 2022, which is down by -27% against the previous month. Over the period under review, the import price showed a significant contraction. As a result, import price attained the peak level of $51,841 per unit, and then dropped dramatically in the following month.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From February 2022 to March 2022, the rate of growth in terms of prices for Russia amounted to -27.0% per month.

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus (FOB) - 2022

The average export price for electric motors and generators stood at $31,963 per unit in 2022, growing by 1.9% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 55% against the previous year. The export price peaked at $40,218 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mongolia ($82,541 per unit), while the average price for exports to Latvia ($252 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 Ukraine (+49.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus

Imports of electric motors and generators into Belarus totaled 871 units in 2022, approximately mirroring 2021 figures. In general, imports showed a modest increase. The pace of growth was the most pronounced in 2021 when imports increased by 326% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electric motors and generators amounted to $43M in 2022. Overall, imports showed modest growth. The most prominent rate of growth was recorded in 2021 when imports increased by 363% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia40.69.042.742.71.7%
Poland0.30.1N/A0.1-30.7%
ItalyN/AN/AN/AN/A0%
Others0.30.10.10.1-30.7%
Total41.29.242.743.01.4%

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Belarus in 2022:

  1. Russia (825.0 units)
  2. Italy (21.0 units)
  3. Poland (16.0 units)

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus

Exports of electric motors and generators from Belarus dropped rapidly to 15 units in 2022, which is down by -21.1% on 2021 figures. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 27%. Over the period under review, the exports of reached the peak figure at 19 units in 2021, and then shrank significantly in the following year.

In value terms, exports of electric motors and generators reduced dramatically to $479K in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. As a result, the exports reached the peak of $605K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia13720019122217.5%
Mongolia1621581461650.6%
Iran37.036.255.056.515.2%
China28.624.019.118.5-13.5%
Bulgaria92.680.415015.5-44.9%
Russia0.15.40.11.6152.0%
Latvia15.00.40.30.3-72.9%
IndiaN/A10134.4N/A-65.9%
OthersN/AN/A0.30.2-33.3%
Total4726055964790.5%

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Belarus in 2022:

  1. Serbia (8.0 units)
  2. Mongolia (2.0 units)
  3. Iran (1.0 units)
  4. Latvia (1.0 units)
  5. China (1.0 units)
  6. Russia (1.0 units)
  7. Bulgaria (1.0 units)

Source: IndexBox Market Intelligence Platform

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