Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus
  4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus (CIF) - 2022

In March 2022, the average import price for electric motors and generators amounted to $14.9 per unit, shrinking by -70.1% against the previous month. Overall, the import price saw a precipitous decrease. As a result, import price reached the peak level of $49.9 per unit, and then shrank significantly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($112 per unit), while the price for China ($11.7 per unit) was amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by Italy (+167.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus (FOB) - 2022

In March 2022, the average export price for electric motors and generators amounted to $11.8 per unit, which is down by -65.5% against the previous month. Overall, the export price continues to indicate a dramatic descent. As a result, the export price reached the peak level of $34.1 per unit, and then reduced remarkably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was the UK ($86.8 per unit), while the average price for exports to Russia amounted to $9.5 per unit.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-2.5%).

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus

In 2022, purchases abroad of electric motors and generators decreased by -14.6% to 264K units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 52%. Imports peaked at 309K units in 2021, and then declined in the following year.

In value terms, imports of electric motors and generators dropped notably to $3.8M in 2022. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $6.5M, and then fell significantly in the following year.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.81.02.02.851.8%
Poland0.70.80.60.4-17.0%
Italy0.60.40.70.1-45.0%
Russia1.11.61.5N/A16.8%
Others1.41.71.70.5-29.1%
Total4.55.46.53.8-5.5%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Belarus in 2022:

  1. China (247.3K units)
  2. Poland (10.9K units)
  3. Italy (2.1K units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus

In 2022, approx. 1.9K units of electric motors and generators were exported from Belarus; with a decrease of -98.9% compared with the previous year's figure. Overall, exports faced a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. As a result, the exports attained the peak of 174K units, and then fell dramatically in the following year.

In value terms, exports of electric motors and generators dropped markedly to $133K in 2022. Over the period under review, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 28%. The exports peaked at $5.6M in 2021, and then declined sharply in the following year.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2,7203,3513,786106-66.1%
Lithuania38954721510.6-69.9%
Ukraine1342793259.1-59.2%
China0.5N/A262N/A2189.1%
United Kingdom1.5N/A695N/A2052.5%
Others1851982747.1-66.3%
Total3,4294,3755,557133-66.1%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Belarus in 2022:

  1. Russia (1693.0 units)
  2. Lithuania (70.0 units)
  3. Ukraine (39.0 units)

Source: IndexBox Market Intelligence Platform

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