Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Argentina - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Argentina (CIF) - 2023
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Argentina (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Argentina
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Argentina
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Argentina (CIF) - 2023
In June 2023, the average import price for electric motors and generators amounted to $16.0 per unit, with a decrease of -21.9% against the previous month. Over the period under review, the import price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 27% m-o-m. Over the period under review, average import prices hit record highs at $23.7 per unit in April 2023; however, from May 2023 to June 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Italy ($58.4 per unit), while the price for Indonesia ($9.3 per unit) was amongst the lowest.
From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+41.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Argentina (FOB) - 2022
The average export price for electric motors and generators stood at $27 per unit in 2022, falling by -17.4% against the previous year. In general, the export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 80%. The export price peaked at $123 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Brazil.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +16.6% per year.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Argentina
In 2022, imports of electric motors and generators into Argentina surged to 2.3M units, picking up by 24% on the previous year. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 79% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of electric motors and generators soared to $35M in 2022. Over the period under review, imports posted a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 82%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.6 | 3.4 | 4.8 | 7.1 | 8.2% |
| Mexico | 2.7 | 2.1 | 5.1 | 6.0 | 30.5% |
| Indonesia | 2.5 | 2.5 | 5.1 | 5.3 | 28.5% |
| Brazil | 1.6 | 0.9 | 1.9 | 3.2 | 26.0% |
| Japan | 1.5 | 1.0 | 1.7 | 2.7 | 21.6% |
| France | 2.4 | 1.3 | 3.1 | 2.1 | -4.4% |
| Italy | 0.5 | 0.6 | 1.2 | 1.6 | 47.4% |
| Others | 5.8 | 4.5 | 7.0 | 6.7 | 4.9% |
| Total | 22.5 | 16.4 | 29.8 | 34.7 | 15.5% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Argentina in 2022:
- China (670.1K units)
- Indonesia (553.8K units)
- Mexico (292.5K units)
- Brazil (168.2K units)
- France (160.5K units)
- Italy (154.5K units)
- Japan (142.0K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Argentina
After two years of decline, shipments abroad of electric motors and generators increased by 252% to 62K units in 2022. In general, exports, however, saw a deep downturn. The exports peaked at 76K 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 $1.6M in 2022. Overall, exports, however, recorded a mild descent. Over the period under review, the exports of reached the maximum at $1.7M 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 Not Exceeding 750W in Argentina (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1.6 | 0.7 | 0.5 | 1.5 | -2.1% |
| Others | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Total | 1.7 | 0.8 | 0.6 | 1.6 | -2.0% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Argentina in 2022:
- Brazil (61.1K units)
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