Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Sweden - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Sweden (CIF) - 2023
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Sweden (FOB) - 2023
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Sweden
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Sweden
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Sweden (CIF) - 2023
The average import price for electric motors and generators stood at $52.2 per unit in November 2023, surging by 25% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The most prominent rate of growth was recorded in January 2023 an increase of 38% month-to-month. The import price peaked at $57.6 per unit in August 2023; however, from September 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Denmark ($70.3 per unit), while the price for Taiwan (Chinese) ($9.8 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Denmark (+4.0%), 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 Sweden (FOB) - 2023
In November 2023, the average export price for electric motors and generators amounted to $173 per unit, growing by 19% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in December 2022 an increase of 26% m-o-m. Over the period under review, the average export prices hit record highs at $173 per unit in February 2023; however, from March 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($279 per unit), while the average price for exports to the United States ($73.8 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.5%), 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 Sweden
After two years of decline, overseas purchases of electric motors and generators increased by 11% to 2.2M units in 2022. Overall, imports, however, continue to indicate a abrupt decline. Over the period under review, imports of reached the peak figure at 3.2M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of electric motors and generators expanded significantly to $90M in 2022. In general, imports, however, continue to indicate a abrupt setback. Imports peaked at $115M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.8 | 14.4 | 17.9 | 23.2 | 18.9% |
| Slovakia | 1.7 | N/A | 4.9 | 20.0 | 127.4% |
| Germany | 59.7 | 32.9 | 26.2 | 16.0 | -35.5% |
| Poland | 1.9 | 1.0 | 4.0 | 5.0 | 38.1% |
| Denmark | 10.4 | 9.2 | 9.9 | 3.2 | -32.5% |
| Netherlands | 2.4 | 2.9 | 2.0 | 1.6 | -12.6% |
| Italy | 1.9 | 1.5 | 1.4 | 1.3 | -11.9% |
| Japan | 4.4 | 3.9 | 2.7 | 1.3 | -33.4% |
| Slovenia | 1.5 | 1.3 | 1.8 | 0.5 | -30.7% |
| Serbia | 4.9 | 1.3 | 1.0 | 0.4 | -56.6% |
| Taiwan (Chinese) | 0.7 | 0.4 | 0.5 | 0.3 | -24.6% |
| Others | 11.3 | 12.0 | 13.0 | 17.7 | 16.1% |
| Total | 115 | 80.9 | 85.3 | 90.5 | -7.7% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Sweden in 2022:
- China (728.1K units)
- Slovakia (576.3K units)
- Germany (391.3K units)
- Poland (173.0K units)
- Denmark (65.1K units)
- Italy (62.8K units)
- Netherlands (22.3K units)
- Taiwan (Chinese) (16.2K units)
- Slovenia (13.7K units)
- Japan (12.1K units)
- Serbia (12.0K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Sweden
In 2022, exports of electric motors and generators from Sweden declined dramatically to 556K units, falling by -16.8% on the previous year. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 14%. Over the period under review, the exports of reached the maximum at 760K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electric motors and generators reduced to $74M in 2022. In general, exports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 2.3% against the previous year. As a result, the exports attained the peak of $82M, and then reduced in the following year.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.1 | 44.3 | 37.2 | 21.2 | 1.8% |
| United States | 9.1 | 3.1 | 5.1 | 8.4 | -2.6% |
| Belgium | 4.9 | 2.5 | 3.7 | 5.3 | 2.7% |
| Italy | 2.3 | 3.3 | 4.6 | 5.0 | 29.5% |
| Denmark | 2.2 | 1.8 | 3.2 | 4.0 | 22.1% |
| Poland | 5.4 | 4.1 | 4.3 | 3.9 | -10.3% |
| United Kingdom | 4.0 | 2.3 | 3.0 | 3.9 | -0.8% |
| Norway | 3.5 | 2.0 | 2.7 | 2.7 | -8.3% |
| China | 2.7 | 2.1 | 2.5 | 2.1 | -8.0% |
| Finland | 2.0 | 1.4 | 1.6 | 2.0 | 0.0% |
| France | 2.0 | 1.5 | 2.1 | 1.7 | -5.3% |
| Netherlands | 2.0 | 1.2 | 1.2 | 1.4 | -11.2% |
| Austria | 1.4 | 1.7 | 1.2 | 1.2 | -5.0% |
| Others | 19.9 | 9.2 | 10.2 | 11.3 | -17.2% |
| Total | 81.6 | 80.5 | 82.4 | 74.2 | -3.1% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Sweden in 2022:
- Germany (144.1K units)
- United States (69.9K units)
- Poland (45.9K units)
- Denmark (38.7K units)
- Belgium (38.1K units)
- Italy (31.6K units)
- Norway (24.5K units)
- Austria (16.4K units)
- Finland (15.7K units)
- China (15.2K units)
- United Kingdom (13.9K units)
- France (11.7K units)
- Netherlands (11.0K units)
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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
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