Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Greece - 2023

Contents:

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

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

The average import price for electric motors and generators stood at $65 per unit in 2022, dropping by -4.9% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 83%. Over the period under review, average import prices reached the maximum at $76 per unit in 2012; however, from 2013 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 the Netherlands ($580 per unit), while the price for China ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.1%), 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 Greece (FOB) - 2022

The average export price for electric motors and generators stood at $36 per unit in 2022, declining by -58.1% against the previous year. Overall, the export price showed a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 358%. As a result, the export price attained the peak level of $288 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($135 per unit), while the average price for exports to Estonia ($0.6 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 Lithuania (+253.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of electric motors and generators into Greece skyrocketed to 54K units, growing by 20% against 2021. Overall, imports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. Imports peaked at 75K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electric motors and generators expanded sharply to $3.5M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3221641881,00346.0%
Germany9238171,050883-1.5%
China596298359403-12.2%
Italy3081353363494.3%
Belgium400430451283-10.9%
Others39558268357613.4%
Total2,9452,4263,0673,4975.9%

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

  1. China (28.6K units)
  2. Italy (8.4K units)
  3. Germany (8.0K units)
  4. Japan (3.4K units)
  5. Belgium (3.2K units)

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

Exports of electric motors and generators from Greece surged to 8.1K units in 2022, picking up by 78% against 2021. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 134% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of electric motors and generators dropped rapidly to $293K in 2022. In general, exports posted a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 74%. As a result, the exports attained the peak of $392K, and then reduced dramatically in the following year.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria70.110713910614.8%
UkraineN/AN/AN/A79.30%
Germany1.15.90.526.8189.9%
PolandN/AN/A3.917.8356.4%
Cyprus17.612.154.712.5-10.8%
China3.90.1N/A8.831.2%
EstoniaN/AN/AN/A1.80%
Others12110019439.7-31.0%
Total21422539229311.0%

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

  1. Estonia (3.2K units)
  2. Bulgaria (2.3K units)
  3. Ukraine (1.0K units)
  4. Cyprus (0.6K units)
  5. China (0.3K units)
  6. Germany (0.2K units)
  7. Poland (0.1K units)

Source: IndexBox Market Intelligence Platform

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