Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile - 2023

Contents:

  1. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile (CIF) - 2022
  2. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile (FOB) - 2022
  3. Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile
  4. Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile (CIF) - 2022

The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $7,242 per unit in 2022, waning by -17.2% against the previous year. Over the period under review, the import price continues to indicate a perceptible descent. The growth pace was the most rapid in 2015 when the average import price increased by 32%. Over the period under review, average import prices attained the peak figure at $13,337 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 ($44,621 per unit), while the price for the Czech Republic ($2,103 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile (FOB) - 2022

The average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $1,660 per unit in 2022, declining by -62.5% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 209% against the previous year. The export price peaked at $17,049 per unit in 2019; however, from 2020 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 Mexico ($18,158 per unit), while the average price for exports to Malaysia ($6.9 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 Mexico (+13.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile

In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs imported into Chile surged to 12K units, picking up by 103% on 2021 figures. In general, imports enjoyed 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; AC motors, multi-phase, of an output exceeding 75kWs surged to $89M in 2022. Overall, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States20.312.616.631.716.0%
Brazil18.913.115.124.18.4%
Spain1.00.10.112.4131.5%
China3.74.88.98.632.5%
Italy0.50.60.91.337.5%
Czech Republic1.40.50.31.0-10.6%
Turkey0.20.30.10.965.1%
Argentina0.3N/AN/AN/A0%
Others11.08.710.88.6-7.9%
Total57.340.852.988.715.7%

Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Chile in 2022:

  1. Spain (3.9K units)
  2. United States (3.8K units)
  3. China (2.0K units)
  4. Brazil (0.8K units)
  5. Czech Republic (0.5K units)
  6. Italy (0.4K units)
  7. Turkey (0.3K units)

Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile

Exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs from Chile surged to 1.5K units in 2022, growing by 516% compared with 2021 figures. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 751% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs skyrocketed to $2.5M in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico8275665221,59824.6%
Peru51.5N/A85.830681.1%
Japan18511.024580.7-24.2%
MalaysiaN/AN/AN/A8.70%
Hong Kong SARN/A0.5N/AN/A0%
United KingdomN/A300N/AN/A0%
Others79.125922549283.9%
Total1,1421,1361,0772,48629.6%

Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Chile in 2022:

  1. Malaysia (1257.0 units)
  2. Peru (89.0 units)
  3. Mexico (88.0 units)
  4. Japan (26.0 units)

Source: IndexBox Market Intelligence Platform

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