Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $35,920 per unit, with an increase of 17% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 509%. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($50,660 per unit), while the price for the United States ($176 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+352.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $12,409 per unit, declining by -60.3% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 520,878% against the previous year. The export price peaked at $78,744 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($22,245 per unit), while the average price for exports to China ($432 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 Germany (-6.7%), while the prices for the other major destinations experienced a decline.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland
In 2022, the amount of electric motors and generators imported into Finland was estimated at 86 units, with an increase of 2.4% on 2021 figures. In general, imports, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 250% against the previous year. Imports peaked at 150 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electric motors and generators surged to $3.1M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 519%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 378 | 1,770 | 1,722 | 113.4% |
| Netherlands | 160 | 1.1 | 792 | 1,050 | 87.2% |
| Austria | N/A | N/A | 15.5 | 306 | 1874.2% |
| Belgium | N/A | N/A | N/A | 0.6 | 0% |
| China | 224 | 4.0 | 0.9 | 0.2 | -90.4% |
| Japan | 11.1 | 20.1 | N/A | N/A | 81.1% |
| Others | 33.2 | 14.7 | 6.5 | 10.0 | -33.0% |
| Total | 428 | 418 | 2,585 | 3,089 | 93.3% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Finland in 2022:
- Germany (34.0 units)
- Netherlands (29.0 units)
- Austria (16.0 units)
- Belgium (2.0 units)
- China (1.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland
In 2022, exports of electric motors and generators from Finland surged to 50 units, jumping by 1,567% on the previous year's figure. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors and generators skyrocketed to $620K in 2022. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,562,833%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 442 | 0% |
| Germany | N/A | N/A | 43.2 | 178 | 312.0% |
| China | N/A | N/A | N/A | 0.4 | 0% |
| Bahamas | N/A | N/A | 50.5 | N/A | 0% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| United States | 0.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.2 | N/A | 93.8 | 620 | 1358.1% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Finland in 2022:
- Netherlands (41.0 units)
- Germany (8.0 units)
- China (1.0 units)
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This report provides an in-depth analysis of the dc motor market in Finland.
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1198
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