Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Chile - 2024

Contents:

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

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

The average import price for electric motors and generators stood at $24 per unit in 2022, with a decrease of -78.1% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2016 an increase of 53% against the previous year. The import price peaked at $147 per unit in 2020; however, from 2021 to 2022, 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 the United States ($695 per unit), while the price for Thailand ($38 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.0%), 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 Chile (FOB) - 2022

The average export price for electric motors and generators stood at $283 per unit in 2022, falling by -48.3% against the previous year. Overall, the export price saw a noticeable slump. The pace of growth appeared the most rapid in 2015 when the average export price increased by 123% against the previous year. The export price peaked at $1,698 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($851 per unit), while the average price for exports to Bolivia ($83 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 Africa (+29.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of electric motors and generators imported into Chile soared to 518K units, picking up by 399% against the year before. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of electric motors and generators expanded sharply to $13M in 2022. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 64%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,1662,2664,8626,53327.3%
China1,2121,5942,6141,66211.1%
Germany6471,0361,0541,14020.8%
Italy35142562062321.1%
Mexico1241841641649.8%
Brazil15994.3156153-1.3%
Japan14911391.0130-4.4%
Thailand14.63.317.661.161.1%
South Korea10817.012048.6-23.4%
Others1,6371,3601,9142,1579.6%
Total7,5687,09211,61212,67118.7%

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

  1. China (38.6K units)
  2. United States (9.4K units)
  3. Germany (5.9K units)
  4. Brazil (3.7K units)
  5. Italy (2.8K units)
  6. Thailand (1.6K units)
  7. Japan (1.2K units)
  8. South Korea (1.1K units)
  9. Mexico (1.0K units)

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

In 2022, exports of electric motors and generators from Chile dropped notably to 581 units, which is down by -23.5% on the year before. Overall, exports showed a noticeable decrease. The growth pace was the most rapid in 2021 when exports increased by 72%. As a result, the exports attained the peak of 759 units, and then dropped remarkably in the following year.

In value terms, exports of electric motors and generators declined dramatically to $165K in 2022. In general, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $416K, and then declined significantly in the following year.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15414210190.3-16.3%
Germany3.510.114.918.473.9%
Colombia7.52.87.313.421.3%
Peru20.34.518.412.2-15.6%
Uruguay13.13.10.59.3-10.8%
Brazil3.71.02056.017.5%
Mexico24.4N/A6.04.2-44.4%
Bolivia25.53.99.13.0-51.0%
South AfricaN/AN/AN/A2.30%
Argentina18.144.7N/A1.0-61.9%
Paraguay5.844.80.10.7-50.6%
Spain42.1N/A51.4N/A10.5%
Others28.118.12.83.9-48.2%
Total347275416165-21.9%

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

  1. United States (213.0 units)
  2. Germany (169.0 units)
  3. Uruguay (46.0 units)
  4. Peru (44.0 units)
  5. Bolivia (36.0 units)
  6. Colombia (28.0 units)
  7. South Africa (18.0 units)
  8. Mexico (10.0 units)
  9. Brazil (7.0 units)
  10. Paraguay (2.0 units)
  11. Argentina (2.0 units)

Source: IndexBox Market Intelligence Platform

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