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

Contents:

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

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

The average import price for electric motors and generators stood at $40,153 per unit in March 2022, with a decrease of -8.3% against the previous month. Overall, the import price saw a abrupt downturn. As a result, import price attained the peak level of $43,782 per unit, and then declined in the following month.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the highest price was recorded for prices from the Philippines ($41,143 per unit) and the Netherlands ($39,750 per unit), while the price for Italy ($39,049 per unit) and China ($39,315 per unit) were amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.2%), 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 Indonesia (FOB) - 2022

The average export price for electric motors and generators stood at $18,102 per unit in 2022, surging by 164% against the previous year. In general, the export price showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 2,292%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 Bangladesh ($82,089 per unit), while the average price for exports to India ($28 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 (+1,169.5%), 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 Indonesia

In 2022, the amount of electric motors and generators imported into Indonesia expanded rapidly to 151 units, surging by 10% on 2021 figures. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. As a result, imports attained the peak of 163 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of electric motors and generators contracted markedly to $3.1M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 68%. Over the period under review, imports of hit record highs at $3.8M in 2021, and then declined remarkably in the following year.

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

1. Japan (89.0 units)
2. Thailand (22.0 units)
3. China (13.0 units)
4. South Korea (3.0 units)
5. Canada (2.0 units)
6. Singapore (1.0 units)
7. United Kingdom (1.0 units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of electric motors and generators, when their volume decreased by -25% to 12 units. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 78% against the previous year. As a result, the exports reached the peak of 16 units, and then shrank rapidly in the following year.

In value terms, exports of electric motors and generators surged to $217K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 4,153% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Bangladesh (2.0 units)
2. Australia (1.0 units)
3. Singapore (1.0 units)
4. Philippines (1.0 units)
5. India (1.0 units)
6. Brunei Darussalam (1.0 units)
7. Papua New Guinea (1.0 units)
8. United States (1.0 units)
9. Malaysia (1.0 units)
10. Poland (1.0 units)
11. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform