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

Contents:

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

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

The average import price for electric motors and generators stood at $137 per unit in 2022, increasing by 16% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when the average import price increased by 138% against the previous year. As a result, import price attained the peak level of $143 per unit. From 2019 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 the United States ($740 per unit), while the price for Hong Kong SAR ($21 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+29.8%), 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 Uruguay (FOB) - 2022

The average export price for electric motors and generators stood at $1,443 per unit in 2022, increasing by 119% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 252% against the previous year. Over the period under review, the average export prices reached the maximum at $3,137 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 the United States ($3,892 per unit), while the average price for exports to Brazil ($421 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 Germany (+26.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Uruguay

In 2022, after two years of decline, there was significant growth in supplies from abroad of electric motors and generators, when their volume increased by 37% to 4K units. Overall, imports continue to indicate a relatively flat trend pattern. 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 $548K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 +73.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (1847.0 units)
2. Brazil (1072.0 units)
3. United States (264.0 units)
4. Germany (151.0 units)
5. South Korea (136.0 units)
6. Spain (124.0 units)
7. Sweden (85.0 units)
8. Turkey (22.0 units)

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

After three years of growth, shipments abroad of electric motors and generators decreased by -87.1% to 4 units in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 500% against the previous year. Over the period under review, the exports of reached the maximum at 31 units in 2021, and then fell remarkably in the following year.

In value terms, exports of electric motors and generators shrank significantly to $5.8K in 2022. In general, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 220% against the previous year. As a result, the exports reached the peak of $20K, and then declined remarkably in the following year.

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

1. Germany (2.0 units)
2. United States (1.0 units)
3. Brazil (1.0 units)

Source: IndexBox Market Intelligence Platform