Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in South Africa - 2024
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in South Africa (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in South Africa (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in South Africa
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in South Africa
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in South Africa (CIF) - 2022
The average import price for electric motors and generators stood at $17 per unit in 2022, growing by 15% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 31%. As a result, import price reached the peak level of $23 per unit. From 2016 to 2022, the average import prices remained at a lower figure.
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 Italy ($41 per unit), while the price for Thailand ($5.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+14.4%), 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 South Africa (FOB) - 2022
The average export price for electric motors and generators stood at $122 per unit in 2022, surging by 80% against the previous year. Over the period under review, the export price, however, recorded a perceptible decrease. Over the period under review, the average export prices hit record highs at $192 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($723 per unit), while the average price for exports to Germany ($7.9 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 Zimbabwe (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in South Africa
In 2022, imports of electric motors and generators into South Africa dropped to 2.2M units, with a decrease of -14.1% compared with the year before. In general, imports recorded a noticeable descent. The growth pace was the most rapid in 2021 with an increase of 62%. As a result, imports attained the peak of 2.5M units, and then shrank in the following year.
In value terms, imports of electric motors and generators shrank to $37M in 2022. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.8% 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 +50.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of $37M, and then declined modestly in the following year.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 4.5 | 4.7 | 7.5 | 8.3 | 22.6% |
| China | 12.4 | 5.6 | 10.0 | 7.2 | -16.6% |
| Germany | 7.2 | 4.2 | 5.2 | 5.5 | -8.6% |
| Italy | 1.9 | 2.8 | 3.5 | 3.2 | 19.0% |
| Japan | 2.0 | 0.7 | 0.6 | 1.6 | -7.2% |
| Hungary | 0.8 | 0.7 | 0.4 | 0.7 | -4.4% |
| South Korea | 0.3 | 0.4 | 1.5 | 0.7 | 32.6% |
| Thailand | 0.1 | 0.2 | 2.3 | 0.5 | 71.0% |
| Others | 5.4 | 5.0 | 6.1 | 8.8 | 17.7% |
| Total | 34.6 | 24.3 | 37.0 | 36.5 | 1.8% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to South Africa in 2022:
- Indonesia (798.4K units)
- China (486.0K units)
- Germany (244.0K units)
- Japan (129.1K units)
- Thailand (98.5K units)
- Italy (78.0K units)
- South Korea (75.4K units)
- Hungary (51.5K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in South Africa
In 2022, exports of electric motors and generators from South Africa shrank significantly to 21K units, waning by -65.3% on the previous year's figure. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 365% against the previous year. As a result, the exports attained the peak of 59K units, and then reduced sharply in the following year.
In value terms, exports of electric motors and generators contracted sharply to $2.5M in 2022. In general, exports showed a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 174% against the previous year. As a result, the exports attained the peak of $4M, and then declined markedly in the following year.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 118 | 231 | 226 | 598 | 71.8% |
| Democratic Republic of the Congo | 110 | 186 | 260 | 321 | 42.9% |
| Namibia | 314 | 127 | 286 | 228 | -10.1% |
| Zambia | 348 | 221 | 245 | 195 | -17.6% |
| Mozambique | 239 | 171 | 260 | 192 | -7.0% |
| Mauritius | 11.0 | 7.5 | 6.7 | 175 | 151.5% |
| Botswana | 326 | 94.0 | 493 | 99.1 | -32.8% |
| United States | 725 | 8.9 | 166 | 90.2 | -50.1% |
| Swaziland | 42.7 | 23.2 | 26.2 | 87.6 | 27.1% |
| Tanzania | 17.9 | 7.2 | 16.6 | 53.5 | 44.0% |
| Germany | 15.0 | 10.3 | 35.7 | 51.4 | 50.8% |
| United Arab Emirates | 5.5 | 8.3 | 4.4 | 11.9 | 29.3% |
| United Kingdom | 8.2 | 6.2 | 20.6 | 10.9 | 10.0% |
| Others | 825 | 353 | 1,948 | 385 | -22.4% |
| Total | 3,105 | 1,455 | 3,993 | 2,498 | -7.0% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from South Africa in 2022:
- Germany (6.5K units)
- Zimbabwe (2.5K units)
- Mauritius (1.5K units)
- United Arab Emirates (1.1K units)
- Namibia (1.1K units)
- Mozambique (1.0K units)
- United States (0.8K units)
- Swaziland (0.8K units)
- Zambia (0.8K units)
- Botswana (0.5K units)
- Democratic Republic of the Congo (0.4K units)
- United Kingdom (0.4K units)
- Tanzania (0.3K units)
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
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