Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Mexico - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Mexico (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Mexico (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Mexico
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Mexico
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Mexico (CIF) - 2022
The average import price for electric motors and generators stood at $12,353 per unit in 2022, stabilizing at the previous year. Overall, the import price saw a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 83% against the previous year. The import price peaked at $24,933 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($38,352 per unit), while the price for Japan ($1,819 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+39.9%), 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 Mexico (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $20,942 per unit, dropping by -2.7% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 30% against the previous year. Over the period under review, the average export prices attained the peak figure at $43,589 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +35.4% per year.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Mexico
In 2022, approx. 524 units of electric motors and generators were imported into Mexico; shrinking by -28.5% against the previous year's figure. Over the period under review, imports recorded a precipitous slump. Over the period under review, imports of hit record highs at 3.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electric motors and generators fell rapidly to $6.5M in 2022. In general, imports faced a dramatic setback. Over the period under review, imports of attained the peak figure at $89M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.0 | 5.5 | 9.0 | 6.0 | 6.3% |
| China | 81.9 | 31.5 | N/A | 0.3 | -84.6% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| Italy | 1.5 | 0.3 | N/A | N/A | -80.0% |
| Others | 0.5 | 0.2 | N/A | 0.1 | -41.5% |
| Total | 88.9 | 37.6 | 9.1 | 6.5 | -58.2% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Mexico in 2022:
- United States (463.0 units)
- China (47.0 units)
- Japan (11.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Mexico
In 2022, overseas shipments of electric motors and generators decreased by -31% to 100 units, falling for the second consecutive year after two years of growth. In general, exports showed a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 7.2% against the previous year. As a result, the exports attained the peak of 209 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of electric motors and generators dropped sharply to $2.1M in 2022. Over the period under review, exports recorded a precipitous decline. The smallest decline of -10.4% was in 2020. The exports peaked at $7.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.1 | 6.4 | 3.1 | 2.1 | -33.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.1 | 6.4 | 3.1 | 2.1 | -33.4% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Mexico in 2022:
- United States (100.0 units)
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
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