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

Contents:

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

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

In 2022, the average import price for electric motors and generators amounted to $28 per unit, declining by -45.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 an increase of 132% against the previous year. Over the period under review, average import prices reached the maximum at $72 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($103 per unit), while the price for China ($8.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for electric motors and generators amounted to $616 per unit, declining by -14.9% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 194% against the previous year. As a result, the export price attained the peak level of $877 per unit. From 2020 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 the Czech Republic ($783 per unit), while the average price for exports to France ($102 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 the Czech Republic (-3.0%), 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 Iraq

In 2022, after three years of growth, there was decline in purchases abroad of electric motors and generators, when their volume decreased by -3.3% to 142K units. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.7% 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 +75.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 42% against the previous year. Imports peaked at 147K units in 2021, and then fell modestly in the following year.

In value terms, imports of electric motors and generators fell markedly to $4M in 2022. Overall, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 196%. As a result, imports reached the peak of $7.6M, and then plummeted in the following year.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iraq (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran1.00.25.02.230.1%
China0.91.21.40.8-3.9%
United Arab Emirates0.20.30.50.751.8%
Others0.40.90.70.3-9.1%
Total2.42.67.64.018.6%

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

  1. China (100.4K units)
  2. Iran (29.9K units)
  3. United Arab Emirates (9.0K units)

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

In 2022, approx. 25 units of electric motors and generators were exported from Iraq; with an increase of 1,150% against 2021 figures. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric motors and generators soared to $15K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A14.00%
Czech Republic0.41.60.60.826.0%
FranceN/AN/AN/A0.60%
Chile1.3N/AN/AN/A0%
United Arab EmiratesN/AN/A0.9N/A0%
OthersN/AN/AN/AN/A0%
Total1.81.61.415.4104.5%

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

  1. United States (18.0 units)
  2. France (6.0 units)
  3. Czech Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

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