Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Singapore - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Singapore (FOB) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Singapore (CIF) - 2022
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Singapore
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Singapore
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Singapore (FOB) - 2022
The average export price for electric motors and generators stood at $7.3 per unit in 2022, picking up by 10% against the previous year. In general, the export price saw prominent growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 52%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($30 per unit), while the average price for exports to Malaysia ($4.6 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 Malaysia (+12.2%), 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 Singapore (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $5.5 per unit, rising by 14% against the previous year. Overall, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2013 an increase of 72% against the previous year. Over the period under review, average import prices hit record highs at $15 per unit in 2016; however, from 2017 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 the United States ($36 per unit), while the price for China ($1.5 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) (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Singapore
In 2022, after two years of decline, there was significant growth in shipments abroad of electric motors and generators, when their volume increased by 63% to 21M units. Overall, exports, however, continue to indicate a pronounced shrinkage. Over the period under review, the exports of reached the maximum at 24M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electric motors and generators soared to $156M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports attained 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 Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 131 | 83.0 | 64.2 | 89.4 | -12.0% |
| China | 1.0 | 0.8 | 1.2 | 18.6 | 165.0% |
| Philippines | 2.0 | 0.6 | 0.3 | 5.3 | 38.4% |
| Others | 18.8 | 18.1 | 20.9 | 42.2 | 30.9% |
| Total | 153 | 102 | 86.6 | 156 | 0.6% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Singapore in 2022:
- Malaysia (19.3M units)
- Philippines (0.6M units)
- China (0.6M units)
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Singapore
Imports of electric motors and generators into Singapore amounted to 13M units in 2022, picking up by 11% on the year before. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 25%. As a result, imports reached the peak of 13M units; afterwards, it flattened through to 2022.
In value terms, imports of electric motors and generators skyrocketed to $74M in 2022. The total import value increased at an average annual rate of +8.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 0.2 | 1.3 | 4.1 | 20.5 | 368.0% |
| United States | 25.2 | 16.1 | 13.2 | 13.8 | -18.2% |
| China | 6.0 | 9.0 | 10.9 | 9.7 | 17.4% |
| Germany | 5.7 | 6.6 | 8.6 | 9.1 | 16.9% |
| Japan | 5.0 | 2.9 | 4.0 | 5.3 | 2.0% |
| Malaysia | 6.5 | 8.8 | 6.1 | 1.8 | -34.8% |
| Taiwan (Chinese) | 1.2 | 1.0 | 0.8 | 0.3 | -37.0% |
| Others | 8.1 | 6.6 | 10.2 | 13.3 | 18.0% |
| Total | 57.9 | 52.2 | 57.9 | 73.8 | 8.4% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Singapore in 2022:
- China (6.4M units)
- Philippines (3.7M units)
- Japan (1.3M units)
- Malaysia (0.6M units)
- Germany (0.5M units)
- United States (0.4M units)
467
This report provides an in-depth analysis of the dc motor market in Singapore.
387
This report provides an in-depth analysis of the ac/dc motor market in Singapore.
1049
This report provides an in-depth analysis of the global dc motor market.
1370
This report provides an in-depth analysis of the global ac/dc motor market.
467
This report provides an in-depth analysis of the dc motor market in Singapore.
387
This report provides an in-depth analysis of the ac/dc motor market in Singapore.
1049
This report provides an in-depth analysis of the global dc motor market.
1370
This report provides an in-depth analysis of the global ac/dc motor market.
78
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
808
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...
1201
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
1271
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
78
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
808
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...
1201
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
1271
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
