Price for Electric Motors; of an Output Not Exceeding 37.5W in Iran - 2022
Contents:
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Iran (CIF) - 2022
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Iran (FOB) - 2022
- Imports of Electric Motors; of an Output Not Exceeding 37.5W in Iran
- Exports of Electric Motors; of an Output Not Exceeding 37.5W in Iran
Price for Electric Motors; of an Output Not Exceeding 37.5W in Iran (CIF) - 2022
In 2022, the average import price for electric motors amounted to $2.7 per unit, declining by -10.6% against the previous year. Overall, the import price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 204%. Over the period under review, average import prices attained the maximum at $15 per unit in 2016; however, from 2017 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 ($41 per unit), while the price for China ($2.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.3%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; of an Output Not Exceeding 37.5W in Iran (FOB) - 2022
In 2022, the average export price for electric motors amounted to $53 per unit, reducing by -43.4% against the previous year. Over the period under review, the export price showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 615%. As a result, the export price attained the peak level of $258 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
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 Azerbaijan ($76 per unit), while the average price for exports to Armenia ($16 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 Oman (-2.1%), while the prices for the other major destinations experienced a decline.
Imports of Electric Motors; of an Output Not Exceeding 37.5W in Iran
For the fourth consecutive year, Iran recorded growth in overseas purchases of electric motors, which increased by 2.7% to 8.7M units in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 89%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of electric motors fell to $23M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 23%. Over the period under review, imports of hit record highs at $26M in 2021, and then contracted in the following year.
| Import of Electric Motors; of an Output Not Exceeding 37.5W in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.5 | 14.4 | 17.7 | 19.7 | 16.4% |
| Turkey | 1.3 | 0.9 | 0.6 | 0.8 | -14.9% |
| Others | 4.5 | 7.2 | 7.3 | 3.0 | -12.6% |
| Total | 18.3 | 22.5 | 25.6 | 23.5 | 8.7% |
Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Iran in 2022:
- China (8.4M units)
- Turkey (0.1M units)
Exports of Electric Motors; of an Output Not Exceeding 37.5W in Iran
After two years of decline, overseas shipments of electric motors increased by 15% to 2.5K units in 2022. Over the period under review, exports, however, recorded a sharp decline. The exports peaked at 8.9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electric motors shrank sharply to $131K in 2022. In general, exports, however, recorded a significant curtailment. The exports peaked at $1.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electric Motors; of an Output Not Exceeding 37.5W in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | 1,072 | 243 | 16.8 | 75.1 | -58.8% |
| Afghanistan | 304 | 108 | 87.0 | 30.2 | -53.7% |
| Oman | 0.1 | N/A | 4.9 | 5.4 | 278.0% |
| Azerbaijan | 31.0 | 4.7 | 23.1 | 4.2 | -48.6% |
| Turkey | 8.9 | 10.9 | 12.1 | 2.6 | -33.6% |
| Jordan | 9.6 | 9.7 | 8.9 | 2.4 | -37.0% |
| Armenia | 4.5 | 11.9 | 7.7 | 1.8 | -26.3% |
| Yemen | 10.0 | N/A | N/A | N/A | 0% |
| Others | 57.1 | 49.2 | 39.8 | 8.9 | -46.2% |
| Total | 1,498 | 438 | 200 | 131 | -55.6% |
Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Iran in 2022:
- Iraq (1372.0 units)
- Afghanistan (552.0 units)
- Armenia (113.0 units)
- Oman (99.0 units)
- Turkey (87.0 units)
- Azerbaijan (55.0 units)
- Jordan (44.0 units)
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This report provides an in-depth analysis of the dc motor market in Iran.
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This report provides an in-depth analysis of the global dc motor market.
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This report provides an in-depth analysis of the global ac/dc motor market.
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804
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...
1198
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
1269
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