Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Venezuela - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Venezuela (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Venezuela (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Venezuela
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Venezuela
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Venezuela (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $14,310 per unit, with an increase of 203% against the previous year. Overall, the import price, however, faced a abrupt setback. Over the period under review, average import prices attained the peak figure at $81,660 per unit in 2018; however, from 2019 to 2022, import prices stood 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 ($79,408 per unit), while the price for the Netherlands ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+339.8%), 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 Venezuela (FOB) - 2022
The average export price for electric motors and generators stood at $3,461 per unit in 2022, increasing by 695% against the previous year. Overall, the export price recorded resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +5.7% per year.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Venezuela
In 2022, the amount of electric motors and generators imported into Venezuela rose sharply to 14 units, picking up by 7.7% against the year before. Overall, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 8.3%. Over the period under review, imports of reached the maximum at 18 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electric motors and generators soared to $200K in 2022. Over the period under review, imports, however, faced a abrupt descent. Imports peaked at $358K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 119 | 24.1 | 24.4 | 79.4 | -12.6% |
| Mexico | 76.7 | 15.6 | 15.8 | 51.3 | -12.5% |
| Brazil | 76.2 | 15.5 | 15.7 | 50.9 | -12.6% |
| United States | 65.9 | 1.6 | 3.2 | 13.8 | -40.6% |
| Germany | 12.5 | 1.8 | 1.3 | 3.0 | -37.9% |
| China | 1.7 | N/A | 0.2 | 0.9 | -19.1% |
| Panama | 1.5 | 0.2 | 0.1 | 0.4 | -35.6% |
| Belgium | 1.0 | 0.1 | 0.1 | 0.4 | -26.3% |
| Spain | 1.5 | 0.2 | 0.1 | 0.3 | -41.5% |
| United Kingdom | 0.2 | N/A | N/A | N/A | 0% |
| France | 0.1 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | 1.9 | N/A | 0.5 | N/A | -48.7% |
| Total | 358 | 59.1 | 61.4 | 200 | -17.6% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Venezuela in 2022:
- Brazil (2.0 units)
- Mexico (2.0 units)
- United States (1.0 units)
- Netherlands (1.0 units)
- Italy (1.0 units)
- Panama (1.0 units)
- France (1.0 units)
- United Kingdom (1.0 units)
- Germany (1.0 units)
- Belgium (1.0 units)
- China (1.0 units)
- Spain (1.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Venezuela
In 2022, overseas shipments of electric motors and generators were finally on the rise to reach 30 units after two years of decline. Over the period under review, exports, however, showed a dramatic decrease. The exports peaked at 101 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electric motors and generators surged to $104K in 2022. In general, exports, however, faced a dramatic descent. Over the period under review, the exports of reached the peak figure at $207K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 0.3 | 104 | 0.2 | 104 | 602.5% |
| Indonesia | 206 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 207 | 104 | 0.9 | 104 | -20.5% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Venezuela in 2022:
- Ecuador (30.0 units)
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