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

Contents:

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

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

The average export price for electric motors and generators stood at $19 per unit in 2022, dropping by -3.3% against the previous year. In general, the export price saw a pronounced decrease. The growth pace was the most rapid in 2021 when the average export price decreased by -0.3%. The export price peaked at $25 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($62 per unit), while the average price for exports to Mexico ($4.9 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 Taiwan (Chinese) (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for electric motors and generators amounted to $18 per unit, remaining stable against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 4.8%. As a result, import price attained the peak level of $19 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($39 per unit), while the price for China amounted to $11 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+10.9%).

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

In 2022, overseas shipments of electric motors and generators decreased by -3.8% to 50M units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of 52M units, and then fell in the following year.

In value terms, exports of electric motors and generators contracted to $965M in 2022. The total export value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $1B, and then fell in the following year.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17823630328316.7%
United States2042193082172.1%
Taiwan (Chinese)43.835.249.165.314.2%
Germany52.138.760.345.1-4.7%
Mexico35.723.830.237.11.3%
Thailand34.246.047.834.0-0.2%
Czech Republic37.022.719.116.9-23.0%
Brazil6.05.711.413.832.0%
India13.911.211.613.2-1.7%
Turkey10.510.612.411.42.8%
Malaysia6.64.25.17.96.2%
Others1811561802206.7%
Total8048091,0389656.3%

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

  1. United States (15.0M units)
  2. China (8.8M units)
  3. Mexico (7.6M units)
  4. Thailand (5.6M units)
  5. India (2.6M units)
  6. Brazil (1.9M units)
  7. Czech Republic (1.3M units)
  8. Malaysia (1.2M units)
  9. Taiwan (Chinese) (1.1M units)
  10. Turkey (0.8M units)
  11. Germany (0.7M units)

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

Imports of electric motors and generators into Japan expanded to 27M units in 2022, picking up by 1.7% against the year before. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 26%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electric motors and generators rose modestly to $490M in 2022. The total import value increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 21%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2632192672781.9%
Thailand19.931.543.361.245.4%
Others1491421661500.2%
Total4333934774904.2%

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

  1. China (24.4M units)
  2. Thailand (1.6M units)

Source: IndexBox Market Intelligence Platform

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