Price for Electric Motors; of an Output Not Exceeding 37.5W in Paraguay - 2022
Contents:
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Paraguay (CIF) - 2022
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Paraguay (FOB) - 2022
- Imports of Electric Motors; of an Output Not Exceeding 37.5W in Paraguay
- Exports of Electric Motors; of an Output Not Exceeding 37.5W in Paraguay
Price for Electric Motors; of an Output Not Exceeding 37.5W in Paraguay (CIF) - 2022
In 2022, the average import price for electric motors amounted to $24 per unit, increasing by 4.6% against the previous year. Over the period under review, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 23% against the previous year. The import price peaked at $57 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($24 per unit) and Brazil ($24 per unit), while the price for Hong Kong SAR ($24 per unit) and Spain ($24 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-5.6%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; of an Output Not Exceeding 37.5W in Paraguay (FOB) - 2022
In 2022, the average export price for electric motors amounted to $81 per unit, jumping by 306% against the previous year. Over the period under review, the export price enjoyed perceptible growth. Over the period under review, the average export prices attained the maximum at $94 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($101 per unit), while the average price for exports to Malaysia ($36 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 Chile (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; of an Output Not Exceeding 37.5W in Paraguay
In 2022, after three years of growth, there was significant decline in purchases abroad of electric motors, when their volume decreased by -5.9% to 39K units. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 75%. As a result, imports reached the peak of 41K units, and then dropped in the following year.
In value terms, imports of electric motors dropped slightly to $949K in 2022. The total import value increased at an average annual rate of +9.3% over the period 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 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of $965K, and then contracted slightly in the following year.
| Import of Electric Motors; of an Output Not Exceeding 37.5W in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 266 | 161 | 248 | 304 | 4.6% |
| Brazil | 82.3 | 86.7 | 163 | 162 | 25.3% |
| United States | 110 | 140 | 173 | 113 | 0.9% |
| Germany | 85.8 | 94.9 | 96.6 | 75.9 | -4.0% |
| Japan | 44.5 | 39.5 | 42.1 | 55.3 | 7.5% |
| South Korea | 27.2 | 25.5 | 28.1 | 36.6 | 10.4% |
| Italy | 15.6 | 45.2 | 37.1 | 26.1 | 18.7% |
| France | 3.2 | 4.0 | 0.9 | 23.7 | 94.9% |
| Poland | 0.7 | 0.9 | 1.5 | 21.0 | 210.7% |
| Switzerland | 7.8 | 1.9 | 1.6 | 16.2 | 27.6% |
| Spain | 7.9 | 3.4 | 38.9 | 13.8 | 20.4% |
| Mexico | 6.7 | 6.6 | 37.2 | 7.9 | 5.6% |
| Others | 69.6 | 93.4 | 96.4 | 93.7 | 10.4% |
| Total | 728 | 703 | 965 | 949 | 9.2% |
Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Paraguay in 2022:
- China (12.4K units)
- Brazil (6.6K units)
- United States (4.6K units)
- Germany (3.1K units)
- Japan (2.3K units)
- South Korea (1.5K units)
- Italy (1.1K units)
- France (1.0K units)
- Poland (0.9K units)
- Switzerland (0.7K units)
- Spain (0.6K units)
- Mexico (0.3K units)
Exports of Electric Motors; of an Output Not Exceeding 37.5W in Paraguay
In 2022, the amount of electric motors exported from Paraguay soared to 262 units, rising by 3,175% against the year before. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors skyrocketed to $21K in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electric Motors; of an Output Not Exceeding 37.5W in Paraguay (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 0.1 | 0.1 | 0.1 | 15.2 | 433.7% |
| Malaysia | N/A | N/A | N/A | 2.4 | 0% |
| Bolivia | N/A | N/A | N/A | 1.3 | 0% |
| Germany | 0.1 | 0.6 | N/A | 1.2 | 128.9% |
| United States | N/A | N/A | N/A | 0.6 | 0% |
| Uruguay | N/A | 1.5 | N/A | 0.3 | -55.3% |
| Senegal | 0.1 | 1.2 | N/A | 0.3 | 44.2% |
| Others | N/A | 0.1 | N/A | 0.1 | 0.0% |
| Total | 0.4 | 3.6 | 0.2 | 21.3 | 276.2% |
Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Paraguay in 2022:
- Chile (151.0 units)
- Malaysia (67.0 units)
- Bolivia (14.0 units)
- Germany (13.0 units)
- United States (7.0 units)
- Uruguay (5.0 units)
- Senegal (4.0 units)
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