Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Spain - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Spain (FOB) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Spain (CIF) - 2022
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Spain
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Spain
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Spain (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $6,659 per unit, surging by 67% against the previous year. Overall, the export price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 1,077% against the previous year. As a result, the export price reached the peak level of $37,441 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($15,284 per unit), while the average price for exports to Italy ($703 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 Gibraltar (+7.3%), 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 Spain (CIF) - 2022
The average import price for electric motors and generators stood at $3,060 per unit in 2022, waning by -4.6% against the previous year. In general, the import price, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2017 an increase of 167% against the previous year. As a result, import price attained the peak level of $6,149 per unit. From 2018 to 2022, the average import prices remained at a somewhat 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 Italy ($4,614 per unit), while the price for Germany ($1,051 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+36.4%), 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 Spain
In 2022, overseas shipments of electric motors and generators decreased by -76.7% to 369 units, falling for the second year in a row after two years of growth. Overall, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 508%. As a result, the exports reached the peak of 4.6K 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 markedly to $2.5M in 2022. Over the period under review, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 109%. As a result, the exports attained the peak of $25M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 8.2 | 21.6 | 4.2 | 1.7 | -40.8% |
| Germany | N/A | 0.3 | 0.2 | 0.3 | 0.0% |
| Mexico | N/A | 0.6 | N/A | 0.2 | -42.3% |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| Gibraltar | N/A | N/A | N/A | 0.1 | 0% |
| Kenya | N/A | 0.1 | N/A | N/A | 0% |
| China | 1.7 | 1.6 | N/A | N/A | -5.9% |
| South Africa | N/A | N/A | 1.8 | N/A | 0% |
| Singapore | N/A | 0.3 | N/A | N/A | 0% |
| Portugal | N/A | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Others | 2.1 | 0.6 | 0.1 | N/A | -78.2% |
| Total | 12.0 | 25.1 | 6.3 | 2.5 | -40.7% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Spain in 2022:
- Chile (209.0 units)
- Mexico (65.0 units)
- Germany (24.0 units)
- Italy (14.0 units)
- Portugal (10.0 units)
- United States (10.0 units)
- Gibraltar (10.0 units)
- South Africa (6.0 units)
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Spain
In 2022, purchases abroad of electric motors and generators decreased by -62.3% to 301 units, falling for the second year in a row after two years of growth. Overall, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 151% against the previous year. As a result, imports reached the peak of 2.3K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of electric motors and generators dropped rapidly to $921K in 2022. Over the period under review, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 237% against the previous year. As a result, imports attained the peak of $6.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 3,839 | 1,316 | 711 | -57.0% |
| China | 1,322 | 25.5 | 151 | 108 | -56.6% |
| Germany | 356 | 512 | 5.4 | 69.3 | -42.0% |
| India | N/A | N/A | N/A | 7.8 | 0% |
| Austria | N/A | 1,294 | N/A | N/A | 0% |
| Netherlands | 2.8 | 54.0 | 928 | N/A | 1720.5% |
| Others | 176 | 540 | 162 | 24.7 | -48.0% |
| Total | 1,857 | 6,265 | 2,563 | 921 | -20.8% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Spain in 2022:
- Italy (154.0 units)
- China (67.0 units)
- Germany (66.0 units)
- India (6.0 units)
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