Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Netherlands - 2023

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Netherlands (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Netherlands (FOB) - 2023
  3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Netherlands
  4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Netherlands

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Netherlands (CIF) - 2022

The average import price for electric motors and generators stood at $15 per unit in 2022, with a decrease of -16.6% against the previous year. Over the period under review, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 12%. The import price peaked at $47 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($64 per unit), while the price for China ($6.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+5.1%), 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 the Netherlands (FOB) - 2023

The average export price for electric motors and generators stood at $6.7 per unit in December 2023, surging by 14% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 21% m-o-m. The export price peaked in December 2023.

There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was the UK ($87.7 per unit), while the average price for exports to Switzerland ($1.1 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+10.1%), 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 the Netherlands

In 2022, approx. 30M units of electric motors and generators were imported into the Netherlands; with an increase of 52% on the year before. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 228%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of electric motors and generators soared to $448M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 109% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21.629.596.517199.3%
China38.011512115760.5%
Vietnam0.621.123.931.1272.9%
Japan14.825.133.020.010.6%
France3.64.86.33.70.9%
Others44.762.472.864.613.1%
Total12325835444853.9%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to the Netherlands in 2022:

  1. China (22.6M units)
  2. Vietnam (3.2M units)
  3. Germany (2.7M units)
  4. Japan (0.5M units)
  5. France (0.2M units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Netherlands

For the fourth year in a row, the Netherlands recorded growth in overseas shipments of electric motors and generators, which increased by 14% to 9.5M units in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 583%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of electric motors and generators stood at $216M in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 269%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.3115113110136.6%
Belgium7.07.910.412.220.3%
United Kingdom4.15.48.79.934.2%
Italy1.45.46.08.683.1%
Others28.246.951.375.438.8%
Total49.018119021664.0%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from the Netherlands in 2022:

  1. Germany (8.2M units)
  2. Belgium (0.2M units)
  3. Italy (0.2M units)
  4. United Kingdom (0.1M units)

Source: IndexBox Market Intelligence Platform

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