Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Croatia - 2023

Contents:

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

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

The average export price for electric motors and generators stood at $2,803 per unit in 2022, waning by -9.3% against the previous year. In general, the export price, however, posted significant growth. The pace of growth was the most pronounced in 2017 an increase of 34%. The export price peaked at $11,186 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.

From 2014 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -2.3% per year.

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

In 2022, the average import price for electric motors and generators amounted to $717 per unit, reducing by -55.3% against the previous year. Overall, the import price recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 56% against the previous year. The import price peaked at $10,822 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($4,636 per unit), while the price for Poland ($190 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of electric motors and generators from Croatia skyrocketed to 10 units in 2022, increasing by 150% compared with the year before. Overall, exports, however, continue to indicate a significant curtailment. Over the period under review, the exports of hit record highs at 26 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric motors and generators surged to $28K in 2022. In general, exports, however, continue to indicate a dramatic downturn. Over the period under review, the exports of hit record highs at $291K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Croatia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Bosnia and Herzegovina65.712.428.0-34.7%
Ukraine225N/AN/A0%
OthersN/AN/AN/A0%
Total29112.428.0-69.0%

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

  1. Bosnia and Herzegovina (10.0 units)

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

In 2022, purchases abroad of electric motors and generators decreased by -86.4% to 21 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,500% against the previous year. Over the period under review, imports of attained the maximum at 154 units in 2021, and then reduced dramatically in the following year.

In value terms, imports of electric motors and generators declined markedly to $15K in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,337%. Over the period under review, imports of reached the maximum at $247K in 2021, and then shrank notably in the following year.

Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A9.30%
PolandN/AN/AN/A2.70%
Slovenia4.978.114.41.6-31.1%
NetherlandsN/AN/A10.10.9-91.1%
BelgiumN/AN/A2.00.6-70.0%
RussiaN/AN/A84.9N/A0%
UkraineN/A41.6136N/A226.9%
OthersN/AN/AN/AN/A0%
Total4.912024715.145.5%

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

  1. Poland (14.0 units)
  2. Belgium (2.0 units)
  3. Netherlands (2.0 units)
  4. Austria (2.0 units)
  5. Slovenia (1.0 units)

Source: IndexBox Market Intelligence Platform

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