Price for Electric Motors; of an Output Not Exceeding 37.5W in Algeria - 2022
Contents:
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Algeria (CIF) - 2022
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Algeria (FOB) - 2022
- Imports of Electric Motors; of an Output Not Exceeding 37.5W in Algeria
- Exports of Electric Motors; of an Output Not Exceeding 37.5W in Algeria
Price for Electric Motors; of an Output Not Exceeding 37.5W in Algeria (CIF) - 2022
The average import price for electric motors stood at $7.2 per unit in 2022, reducing by -30.3% against the previous year. In general, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 79%. Over the period under review, average import prices hit record highs at $28 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($45 per unit), while the price for Turkey ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors; of an Output Not Exceeding 37.5W in Algeria (FOB) - 2022
The average export price for electric motors stood at $154 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 134%. Over the period under review, the average export prices attained the peak figure at $306 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($797 per unit), while the average price for exports to Germany ($65 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 Spain (+47.8%), while the prices for the other major destinations experienced a decline.
Imports of Electric Motors; of an Output Not Exceeding 37.5W in Algeria
After two years of decline, supplies from abroad of electric motors increased by 86% to 927K units in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors soared to $6.7M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors; of an Output Not Exceeding 37.5W in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 964 | 1,557 | 2,270 | 2,728 | 41.4% |
| France | 325 | 727 | 583 | 1,518 | 67.2% |
| Italy | 1,430 | 575 | 520 | 879 | -15.0% |
| India | 1,124 | 1,281 | 468 | 547 | -21.3% |
| Turkey | 57.2 | 15.0 | 61.3 | 113 | 25.5% |
| Spain | 356 | 237 | 83.9 | 83.4 | -38.4% |
| United States | 32.4 | 218 | 274 | 74.8 | 32.2% |
| Others | 883 | 1,257 | 913 | 772 | -4.4% |
| Total | 5,172 | 5,866 | 5,174 | 6,717 | 9.1% |
Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Algeria in 2022:
- France (335.3K units)
- China (216.4K units)
- Italy (173.6K units)
- Turkey (86.2K units)
- Spain (31.6K units)
- India (12.2K units)
- United States (10.5K units)
Exports of Electric Motors; of an Output Not Exceeding 37.5W in Algeria
Exports of electric motors from Algeria reduced dramatically to 72 units in 2022, declining by -76.8% against 2021 figures. Overall, exports faced a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 205%. As a result, the exports attained the peak of 311 units, and then shrank significantly in the following year.
In value terms, exports of electric motors reduced markedly to $11K in 2022. In general, exports saw a precipitous contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 152%. As a result, the exports attained the peak of $48K, and then shrank remarkably in the following year.
| Export of Electric Motors; of an Output Not Exceeding 37.5W in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 31.0 | 12.8 | 27.4 | 6.0 | -42.2% |
| Germany | 0.6 | 0.2 | 0.4 | 0.1 | -45.0% |
| Others | 7.8 | 6.0 | 20.2 | 5.0 | -13.8% |
| Total | 39.4 | 19.0 | 48.0 | 11.1 | -34.4% |
Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Algeria in 2022:
- Netherlands (64.0 units)
- Germany (1.0 units)
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