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

Contents:

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

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

In 2022, the average import price for electric motors and generators amounted to $109,945 per unit, surging by 137% against the previous year. Overall, the import price recorded a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Switzerland ($169,564 per unit), while the price for Peru ($3,873 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.4%), 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 Germany (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $64,983 per unit, picking up by 15% against the previous year. Over the period under review, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 104% against the previous year. The export price peaked at $165,001 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($114,256 per unit), while the average price for exports to Iran ($9,161 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 Poland (+13.2%), 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 Germany

In 2022, the amount of electric motors and generators imported into Germany fell rapidly to 61 units, shrinking by -29.9% against the previous year's figure. Over the period under review, imports saw a mild reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 222%. As a result, imports attained the peak of 87 units, and then shrank remarkably in the following year.

In value terms, imports of electric motors and generators surged to $6.7M in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 217%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

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

1. Turkey (31.0 units)
2. France (11.0 units)
3. Austria (7.0 units)
4. Switzerland (5.0 units)
5. Netherlands (2.0 units)
6. Peru (2.0 units)
7. United States (1.0 units)
8. United Kingdom (1.0 units)
9. Spain (1.0 units)

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

After three years of growth, overseas shipments of electric motors and generators decreased by -15.1% to 79 units in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 12%. Over the period under review, the exports of reached the peak figure at 93 units in 2021, and then declined notably in the following year.

In value terms, exports of electric motors and generators shrank to $5.1M in 2022. In general, exports saw a noticeable setback. Over the period under review, the exports of attained the peak figure at $5.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. United States (13.0 units)
2. Austria (12.0 units)
3. Turkey (5.0 units)
4. Belgium (5.0 units)
5. Italy (5.0 units)
6. Iran (3.0 units)
7. United Arab Emirates (3.0 units)
8. Poland (3.0 units)
9. Sweden (3.0 units)
10. United Kingdom (2.0 units)
11. Kuwait (2.0 units)
12. Thailand (2.0 units)
13. China (1.0 units)

Source: IndexBox Market Intelligence Platform