Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Luxembourg - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Luxembourg (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Luxembourg (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Luxembourg
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Luxembourg
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Luxembourg (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $12 per unit, declining by -37.2% against the previous year. Overall, the import price recorded a drastic downturn. The growth pace was the most rapid in 2019 when the average import price increased by 43% against the previous year. As a result, import price attained the peak level of $28 per unit. From 2020 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 Germany ($213 per unit), while the price for China ($4.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.9%), 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 Luxembourg (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $110 per unit, falling by -37.6% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 82% against the previous year. The export price peaked at $511 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($269 per unit), while the average price for exports to Belgium ($79 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 Germany (+5.5%), 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 Luxembourg
In 2022, overseas purchases of electric motors and generators decreased by -4.9% to 175K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.7% 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 +67.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40%. Imports peaked at 184K units in 2021, and then contracted slightly in the following year.
In value terms, imports of electric motors and generators shrank significantly to $2.2M in 2022. In general, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, imports attained the peak of $3.6M, and then contracted markedly in the following year.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 219 | 769 | 879 | 769 | 52.0% |
| Germany | 942 | 973 | 1,059 | 600 | -14.0% |
| Taiwan (Chinese) | 42.8 | 56.2 | 83.1 | 75.2 | 20.7% |
| Hong Kong SAR | 379 | N/A | 13.1 | N/A | -81.4% |
| Others | 1,390 | 1,135 | 1,569 | 708 | -20.1% |
| Total | 2,973 | 2,934 | 3,604 | 2,152 | -10.2% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Luxembourg in 2022:
- China (167.6K units)
- Germany (2.8K units)
- Taiwan (Chinese) (2.6K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Luxembourg
In 2022, overseas shipments of electric motors and generators decreased by -6.7% to 2.9K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of 3.1K units, and then shrank in the following year.
In value terms, exports of electric motors and generators plummeted to $314K in 2022. In general, exports saw a precipitous curtailment. The growth pace was the most rapid in 2020 when exports increased by 2% against the previous year. As a result, the exports reached the peak of $630K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 180 | 188 | 249 | 206 | 4.6% |
| France | 119 | 122 | 73.7 | 34.6 | -33.8% |
| Germany | 78.7 | 70.6 | 80.7 | 16.7 | -40.4% |
| Others | 240 | 250 | 137 | 56.6 | -38.2% |
| Total | 618 | 630 | 540 | 314 | -20.2% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Luxembourg in 2022:
- Belgium (2599.0 units)
- France (156.0 units)
- Germany (62.0 units)
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