Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Tanzania - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Tanzania (CIF) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Tanzania
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Tanzania (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $1,569 per unit, falling by -57.9% against the previous year. Over the period under review, the import price showed a sharp decline. The pace of growth appeared the most rapid in 2020 an increase of 166%. Over the period under review, average import prices attained the peak figure at $43,281 per unit in 2012; however, from 2013 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 Turkey ($4,639 per unit), while the price for the UK ($142 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+48.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Tanzania
In 2022, approx. 450 units of electric motors and generators were imported into Tanzania; surging by 42% against 2021. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 494% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of electric motors and generators declined rapidly to $706K in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,480%. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 73.6 | 500 | 840 | 343 | 67.0% |
| Germany | 3.2 | 30.8 | 120 | 224 | 312.1% |
| Belgium | N/A | 0.8 | 7.0 | 68.3 | 824.0% |
| Australia | 0.2 | 6.1 | 17.1 | 13.5 | 307.2% |
| Saudi Arabia | N/A | N/A | N/A | 11.4 | 0% |
| China | 1.4 | 784 | 66.1 | 10.5 | 95.7% |
| Hong Kong SAR | 0.2 | 0.9 | 0.9 | 5.2 | 196.2% |
| South Africa | 5.4 | 70.8 | 82.8 | 0.7 | -49.4% |
| United Kingdom | 0.6 | 7.5 | 8.9 | 0.1 | -45.0% |
| Others | 5.3 | 19.7 | 33.1 | 28.8 | 75.8% |
| Total | 89.9 | 1,421 | 1,176 | 706 | 98.8% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Tanzania in 2022:
- Germany (192.0 units)
- Belgium (130.0 units)
- Turkey (74.0 units)
- Australia (15.0 units)
- Saudi Arabia (11.0 units)
- Hong Kong SAR (7.0 units)
- China (3.0 units)
- South Africa (1.0 units)
- United Kingdom (1.0 units)
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