Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Turkey - 2024
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Turkey (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Turkey (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Turkey
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Turkey
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Turkey (CIF) - 2022
The average import price for electric motors and generators stood at $43,366 per unit in 2022, rising by 20% against the previous year. Overall, the import price, however, saw a mild setback. The pace of growth was the most pronounced in 2014 when the average import price increased by 81%. The import price peaked at $73,989 per unit in 2017; however, from 2018 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 Russia ($109,420 per unit), while the price for Germany ($21,992 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+66.8%), 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 Turkey (FOB) - 2022
The average export price for electric motors and generators stood at $22,018 per unit in 2022, rising by 4.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 73% against the previous year. As a result, the export price attained the peak level of $34,749 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($42,004 per unit), while the average price for exports to Cyprus ($5,749 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 South Sudan (+229.8%), 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 Turkey
In 2022, supplies from abroad of electric motors and generators decreased by -9.4% to 116 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 133%. As a result, imports reached the peak of 128 units, and then fell in the following year.
In value terms, imports of electric motors and generators expanded rapidly to $5M in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 139%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 448 | 623 | 554 | 1,777 | 58.3% |
| China | 749 | 263 | 1,759 | 1,344 | 21.5% |
| Latvia | N/A | N/A | N/A | 992 | 0% |
| Russia | N/A | N/A | N/A | 547 | 0% |
| United States | N/A | N/A | 255 | 143 | -43.9% |
| Italy | N/A | 407 | 974 | 67.7 | -59.2% |
| Germany | 416 | 21.2 | 912 | 22.0 | -62.5% |
| Japan | N/A | 346 | N/A | N/A | 0% |
| Others | 84.1 | 275 | 180 | 139 | 18.2% |
| Total | 1,697 | 1,936 | 4,633 | 5,030 | 43.6% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Turkey in 2022:
- China (48.0 units)
- India (30.0 units)
- Latvia (27.0 units)
- Russia (5.0 units)
- United States (2.0 units)
- Italy (1.0 units)
- Germany (1.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Turkey
In 2022, the amount of electric motors and generators exported from Turkey soared to 137 units, picking up by 47% against the previous year. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors and generators soared to $3M in 2022. Over the period under review, exports recorded 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 Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 416 | 191 | 467 | 1,143 | 40.1% |
| Russia | 28.5 | N/A | 677 | 942 | 220.9% |
| Ukraine | N/A | N/A | N/A | 346 | 0% |
| South Sudan | N/A | N/A | 7.2 | 167 | 2219.4% |
| Georgia | 7.7 | 81.5 | N/A | 126 | 153.9% |
| Iraq | 261 | 38.3 | 310 | 114 | -24.1% |
| Azerbaijan | 13.0 | 166 | 132 | 52.4 | 59.1% |
| Ethiopia | N/A | 297 | 2.3 | 6.4 | -85.3% |
| Kazakhstan | 57.1 | 0.8 | N/A | N/A | -98.6% |
| Somalia | 157 | 21.7 | N/A | N/A | -86.2% |
| United Kingdom | N/A | 141 | 3.8 | N/A | -97.3% |
| Qatar | N/A | N/A | 93.0 | N/A | 0% |
| Uzbekistan | 0.9 | 267 | 20.0 | N/A | 371.4% |
| Others | 435 | 206 | 239 | 121 | -34.7% |
| Total | 1,377 | 1,409 | 1,951 | 3,016 | 29.9% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Turkey in 2022:
- Iran (40.0 units)
- Russia (40.0 units)
- Ukraine (19.0 units)
- South Sudan (14.0 units)
- Iraq (5.0 units)
- Georgia (3.0 units)
- Azerbaijan (3.0 units)
- Ethiopia (1.0 units)
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
832
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
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
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