Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Hong Kong SAR - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Hong Kong SAR (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Hong Kong SAR (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Hong Kong SAR
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Hong Kong SAR
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Hong Kong SAR (CIF) - 2022
The average import price for electric motors and generators stood at $12,561 per unit in 2022, picking up by 134% against the previous year. Overall, the import price saw a remarkable increase. The growth pace was the most rapid in 2020 when the average import price increased by 757% against the previous year. The import price peaked at $12,713 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 Macao SAR ($134,947 per unit), while the price for the UK ($1,428 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 (+94.9%), 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 Hong Kong SAR (FOB) - 2022
The average export price for electric motors and generators stood at $2,825 per unit in 2022, jumping by 21% against the previous year. Over the period under review, the export price, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by 143% against the previous year. The export price peaked at $10,326 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 Maldives ($5,340 per unit), while the average price for exports to Zimbabwe ($27 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 Kenya (+247.4%), 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 Hong Kong SAR
In 2022, imports of electric motors and generators into Hong Kong SAR skyrocketed to 170 units, growing by 415% against the year before. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 522% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of electric motors and generators skyrocketed to $2.1M in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 5,235% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 8.9 | 384 | 71.6 | 912 | 368.0% |
| South Korea | N/A | 327 | 62.6 | 817 | 58.1% |
| Macao SAR | 1.1 | 82.8 | 26.7 | 270 | 526.1% |
| Singapore | 2.1 | 36.7 | 2.0 | 31.3 | 146.1% |
| Netherlands | 1.1 | 17.4 | 1.5 | 1.6 | 13.3% |
| Others | 5.5 | 152 | 12.9 | 104 | 166.4% |
| Total | 18.7 | 1,000 | 177 | 2,135 | 385.1% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Hong Kong SAR in 2022:
- India (81.0 units)
- South Korea (73.0 units)
- Macao SAR (2.0 units)
- Netherlands (1.0 units)
- Singapore (1.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Hong Kong SAR
In 2022, exports of electric motors and generators from Hong Kong SAR soared to 310 units, growing by 46% against the year before. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors and generators skyrocketed to $876K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 374 | 117 | 183 | 398 | 2.1% |
| Ecuador | 0.1 | 197 | 183 | 235 | 1229.5% |
| Brazil | 94.2 | 136 | 78.8 | 126 | 10.2% |
| Pakistan | 32.4 | 42.6 | 22.5 | 32.9 | 0.5% |
| Malaysia | 9.6 | 11.4 | 5.5 | 7.2 | -9.1% |
| Singapore | 9.4 | 10.9 | 5.1 | 6.7 | -10.7% |
| Others | 134 | 80.6 | 18.4 | 70.0 | -19.5% |
| Total | 653 | 596 | 496 | 876 | 10.3% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Hong Kong SAR in 2022:
- Chile (124.0 units)
- Ecuador (106.0 units)
- Brazil (27.0 units)
- Singapore (8.0 units)
- Pakistan (7.0 units)
- Malaysia (3.0 units)
282
This report provides an in-depth analysis of the dc motor market in Hong Kong SAR, China.
293
This report provides an in-depth analysis of the ac/dc motor market in Hong Kong SAR, China.
1045
This report provides an in-depth analysis of the global dc motor market.
1368
This report provides an in-depth analysis of the global ac/dc motor market.
282
This report provides an in-depth analysis of the dc motor market in Hong Kong SAR, China.
293
This report provides an in-depth analysis of the ac/dc motor market in Hong Kong SAR, China.
1045
This report provides an in-depth analysis of the global dc motor market.
1368
This report provides an in-depth analysis of the global ac/dc motor market.
124
From September 2023 to October 2023, DC Motor imports saw a slight increase, reaching $43M in value terms.
804
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...
1198
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
1269
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
124
From September 2023 to October 2023, DC Motor imports saw a slight increase, reaching $43M in value terms.
804
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...
1198
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
1269
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
