Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for electric motors and generators amounted to $16 per unit, reducing by -48.3% against the previous year. In general, the import price showed a perceptible slump. The growth pace was the most rapid in 2015 an increase of 112%. Over the period under review, average import prices reached the peak figure at $117 per unit in 2016; however, from 2017 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 Hong Kong SAR ($170 per unit), while the price for Thailand ($8.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+22.9%), 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 United Arab Emirates (FOB) - 2022

The average export price for electric motors and generators stood at $454 per unit in 2022, increasing by 1.7% against the previous year. Overall, the export price showed a measured increase. The growth pace was the most rapid in 2019 an increase of 47%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($1,143 per unit), while the average price for exports to Malawi ($51 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 Mozambique (+31.6%), 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 United Arab Emirates

In 2022, imports of electric motors and generators into the United Arab Emirates surged to 3.2M units, rising by 179% compared with the year before. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of electric motors and generators skyrocketed to $52M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 46% 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 the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.612.115.528.739.4%
Japan4.43.43.97.016.7%
United States3.12.94.34.08.9%
Germany2.22.43.43.415.6%
Others4.73.68.68.421.4%
Total25.024.535.751.627.3%

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

  1. China (2952.3K units)
  2. United States (73.2K units)
  3. Japan (55.2K units)
  4. Germany (45.8K units)

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

For the third year in a row, the United Arab Emirates recorded decline in shipments abroad of electric motors and generators, which decreased by -23.1% to 7.5K units in 2022. Over the period under review, exports recorded a abrupt contraction. The smallest decline of -4.7% was in 2021. Over the period under review, the exports of attained the peak figure at 11K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of electric motors and generators fell markedly to $3.4M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +26.7% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of $4.3M, and then dropped dramatically in the following year.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman1,0351,1511,9511,83321.0%
Australia23435253469243.5%
Sri Lanka6.30.83.5117164.8%
Germany49.265.115194.824.4%
Angola14.27.114.579.577.6%
India11917420673.5-14.8%
Georgia3.70.11.868.1164.0%
Thailand2.60.54.261.4186.9%
Ethiopia30.91220.645.413.7%
Malawi15.918.612.39.2-16.7%
Pakistan2.330.414.36.339.9%
Iran7041,106824N/A8.2%
Others456201617308-12.3%
Total2,6743,2274,3333,3898.2%

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

  1. Oman (3141.0 units)
  2. Sri Lanka (1337.0 units)
  3. Australia (674.0 units)
  4. Thailand (347.0 units)
  5. Georgia (311.0 units)
  6. India (308.0 units)
  7. Germany (250.0 units)
  8. Malawi (182.0 units)
  9. Angola (137.0 units)
  10. Pakistan (94.0 units)
  11. Ethiopia (78.0 units)

Source: IndexBox Market Intelligence Platform

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