Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in the Dominican Republic - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in the Dominican Republic (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in the Dominican Republic (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in the Dominican Republic
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in the Dominican Republic
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in the Dominican Republic (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $4,273 per unit, shrinking by -25.3% against the previous year. Overall, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 250% against the previous year. As a result, import price attained the peak level of $44,332 per unit. From 2019 to 2022, the average 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 China ($13,054 per unit), while the price for Italy ($440 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in the Dominican Republic (FOB) - 2022
The average export price for electric motors and generators stood at $77,780 per unit in 2021, with an increase of 301% against the previous year. Over the period under review, the export price continues to indicate strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($88,510 per unit), while the average price for exports to Honduras ($6,803 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turks and Caicos Islands (+83.9%), 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 the Dominican Republic
Imports of electric motors and generators into the Dominican Republic soared to 192 units in 2022, jumping by 137% on the previous year. In general, imports enjoyed a resilient expansion. 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 surged to $820K in 2022. Over the period under review, imports, however, recorded a deep reduction. Imports peaked at $1.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.5 | 17.9 | 73.9 | 326 | 75.3% |
| United Kingdom | 980 | 0.3 | 0.9 | 234 | -38.0% |
| United States | 244 | 968 | 364 | 198 | -6.7% |
| Japan | N/A | N/A | N/A | 28.6 | 0% |
| Mexico | N/A | 36.9 | 0.4 | 2.4 | -74.5% |
| Venezuela | N/A | N/A | 0.9 | N/A | 0% |
| Poland | N/A | 0.3 | 2.7 | N/A | 800.0% |
| Canada | N/A | N/A | 2.8 | N/A | 0% |
| Others | 13.5 | 28.4 | 18.3 | 31.1 | 32.1% |
| Total | 1,297 | 1,052 | 464 | 820 | -14.2% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to the Dominican Republic in 2022:
- United Kingdom (120.0 units)
- United States (29.0 units)
- China (25.0 units)
- Japan (7.0 units)
- Mexico (2.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in the Dominican Republic
In 2021, the amount of electric motors and generators exported from the Dominican Republic surged to 14 units, increasing by 367% on the year before. Overall, exports, however, showed a abrupt setback. The exports peaked at 20 units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
In value terms, exports of electric motors and generators skyrocketed to $1.1M in 2021. In general, exports showed a significant increase. 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 the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United States | 307 | 57.4 | 1,062 | 86.0% | |
| Haiti | 0.9 | 0.7 | 20.0 | 371.4% | |
| Honduras | N/A | N/A | 6.8 | 0% | |
| Venezuela | 0.2 | N/A | N/A | 0% | |
| Cuba | 1.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 309 | 58.2 | 1,089 | 87.7% | |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from the Dominican Republic in 2022:
- United States (12.0 units)
- Haiti (1.0 units)
- Honduras (1.0 units)
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In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1210
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