Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Norway - 2024
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Norway (FOB) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Norway (CIF) - 2022
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Norway
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Norway
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Norway (FOB) - 2022
The average export price for electric motors and generators stood at $16,979 per unit in 2022, with an increase of 154% against the previous year. In general, the export price, however, recorded a sharp decrease. The export price peaked at $350,612 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($30,991 per unit), while the average price for exports to Denmark ($1,248 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 Turkey (+89.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Norway (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $8,393 per unit, rising by 85% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2013 an increase of 267%. Over the period under review, average import prices reached the peak figure at $58,158 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($52,029 per unit), while the price for India ($133 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+49.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Norway
Exports of electric motors and generators from Norway surged to 216 units in 2022, growing by 86% on 2021 figures. Over the period under review, exports, however, saw a dramatic descent. The exports peaked at 639 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electric motors and generators soared to $3.7M in 2022. Overall, exports recorded slight growth. As a result, the exports attained 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 Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 694 | 72.9 | 31.6 | 2,425 | 51.7% |
| Sweden | 1.1 | 2.3 | 1.9 | 368 | 594.2% |
| United States | N/A | N/A | 5.8 | 304 | 5141.4% |
| Turkey | N/A | N/A | N/A | 145 | 0% |
| Netherlands | 132 | 83.3 | 86.2 | 76.1 | -16.8% |
| Singapore | 10.0 | 1.9 | 8.1 | 20.4 | 26.8% |
| Brazil | 3.8 | 16.9 | 102 | 8.1 | 28.7% |
| Denmark | 186 | N/A | 183 | 1.2 | -81.4% |
| Switzerland | 2,275 | 1.2 | N/A | N/A | -99.9% |
| Angola | 1.6 | 383 | 1.1 | N/A | -17.1% |
| Liberia | 4.3 | N/A | N/A | N/A | 0% |
| Others | 222 | 346 | 357 | 319 | 12.8% |
| Total | 3,530 | 908 | 777 | 3,667 | 1.3% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Norway in 2022:
- Germany (79.0 units)
- Sweden (60.0 units)
- United States (51.0 units)
- Singapore (7.0 units)
- Turkey (5.0 units)
- Netherlands (3.0 units)
- Brazil (1.0 units)
- Denmark (1.0 units)
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Norway
In 2022, approx. 344 units of electric motors and generators were imported into Norway; increasing by 87% compared with 2021 figures. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors and generators skyrocketed to $2.9M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 134 | 209 | 0.2 | 2,067 | 148.9% |
| Germany | 1,055 | 0.4 | 0.2 | 261 | -37.2% |
| Denmark | 32.5 | 74.4 | 16.8 | 138 | 61.9% |
| France | N/A | 2.9 | 3.1 | 106 | 504.6% |
| Faroe Islands | 108 | N/A | N/A | 60.0 | -17.8% |
| Poland | 21.4 | 344 | 44.7 | 17.2 | -7.0% |
| China | 2.2 | 328 | 22.3 | 11.9 | 75.5% |
| India | N/A | 396 | 630 | 0.1 | -98.4% |
| Others | 21.7 | 5.1 | 120 | 226 | 118.4% |
| Total | 1,375 | 1,361 | 837 | 2,887 | 28.1% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Norway in 2022:
- United States (251.0 units)
- Germany (28.0 units)
- Denmark (24.0 units)
- France (15.0 units)
- Faroe Islands (11.0 units)
- China (5.0 units)
- Poland (2.0 units)
- India (1.0 units)
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804
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