Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Portugal - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Portugal (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Portugal (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Portugal
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Portugal
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Portugal (CIF) - 2022
The average import price for electric motors and generators stood at $14 per unit in 2022, increasing by 3.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 11%. The import price peaked at $16 per unit in 2013; however, from 2014 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 Spain ($66 per unit), while the price for Germany ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.2%), 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 Portugal (FOB) - 2022
The average export price for electric motors and generators stood at $122 per unit in 2022, rising by 12% against the previous year. In general, the export price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 63% against the previous year. As a result, the export price reached the peak level of $332 per unit. From 2015 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 Italy ($190 per unit), while the average price for exports to Germany ($99 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 Spain (-7.2%), 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 Portugal
In 2022, the amount of electric motors and generators imported into Portugal expanded markedly to 6.2M units, increasing by 6.2% against 2021 figures. Over the period under review, imports, however, saw a noticeable downturn. Over the period under review, imports of reached the peak figure at 7.1M 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 $89M in 2022. The total import value increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. 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 Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 52.1 | 39.8 | 33.4 | 31.9 | -15.1% |
| China | 7.3 | 10.6 | 16.7 | 23.6 | 47.9% |
| France | 2.9 | 7.2 | 12.3 | 17.0 | 80.3% |
| Czech Republic | 4.6 | 3.8 | 4.6 | 4.0 | -4.6% |
| Others | 15.0 | 10.2 | 13.8 | 12.2 | -6.7% |
| Total | 81.8 | 71.6 | 80.7 | 88.6 | 2.7% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Portugal in 2022:
- Germany (3.0M units)
- France (1.5M units)
- China (1.3M units)
- Czech Republic (0.2M units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Portugal
In 2022, overseas shipments of electric motors and generators decreased by -31.5% to 39K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 13%. Over the period under review, the exports of hit record highs at 57K units in 2021, and then contracted remarkably in the following year.
In value terms, exports of electric motors and generators reduced rapidly to $4.8M in 2022. In general, total exports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +17.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 53%. As a result, the exports reached the peak of $6.2M, and then reduced sharply in the following year.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 66.7 | 1,274 | 2,008 | 1,705 | 194.6% |
| Spain | 408 | 549 | 890 | 974 | 33.6% |
| Netherlands | 291 | 16.7 | 344 | 885 | 44.9% |
| France | 1,344 | 483 | 195 | 304 | -39.1% |
| Burkina Faso | 321 | N/A | N/A | N/A | 0% |
| China | 1,219 | 991 | 2,109 | N/A | 31.5% |
| Others | 595 | 747 | 670 | 889 | 14.3% |
| Total | 4,246 | 4,060 | 6,215 | 4,757 | 3.9% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Portugal in 2022:
- Germany (17.2K units)
- Spain (9.1K units)
- Netherlands (6.8K units)
- France (2.9K units)
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804
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1200
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
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