Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark (CIF) - 2022
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $3,912 per unit in 2022, declining by -10.3% against the previous year. Overall, the import price continues to indicate a mild decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 35%. As a result, import price reached the peak level of $4,858 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($12,201 per unit), while the price for China ($2,511 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.0%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $2,729 per unit, rising by 18% against the previous year. Overall, the export price, however, recorded a slight slump. The export price peaked at $3,517 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($4,628 per unit), while the average price for exports to Hungary ($1,030 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 Norway (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark
In 2022, approx. 7.5K units of electric motors; AC motors, multi-phase, of an output exceeding 75kWs were imported into Denmark; jumping by 25% on 2021. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached 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 stood at $30M in 2022. Over the period under review, imports, however, continue to indicate a noticeable contraction. Over the period under review, imports of attained the maximum at $34M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.8 | 6.8 | 8.1 | 10.8 | -5.5% |
| Finland | 6.1 | 6.9 | 9.5 | 7.0 | 4.7% |
| Germany | 3.9 | 3.0 | 3.7 | 4.1 | 1.7% |
| Czech Republic | 1.0 | 1.3 | 1.8 | 2.8 | 40.9% |
| Italy | 3.4 | 1.5 | 0.9 | 1.6 | -22.2% |
| Sweden | 3.5 | 2.5 | 0.2 | 0.7 | -41.5% |
| Austria | 0.5 | 0.9 | N/A | 0.1 | -41.5% |
| Others | 2.8 | 1.9 | 2.2 | 2.3 | -6.3% |
| Total | 33.9 | 24.9 | 26.3 | 29.5 | -4.5% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Denmark in 2022:
- China (4302.0 units)
- Czech Republic (897.0 units)
- Germany (793.0 units)
- Finland (573.0 units)
- Italy (331.0 units)
- Sweden (167.0 units)
- Austria (23.0 units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark
In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs exported from Denmark shrank slightly to 4.2K units, waning by -2.5% against 2021. The total export volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 42%. As a result, the exports attained the peak of 4.3K units, and then dropped in the following year.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs expanded significantly to $12M in 2022. Overall, exports saw a pronounced descent. The pace of growth appeared the most rapid in 2021 when exports increased by 26%. Over the period under review, the exports of reached the peak figure at $12M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,895 | 1,271 | 1,443 | 1,943 | 0.8% |
| Italy | 1,242 | 507 | 981 | 1,257 | 0.4% |
| Norway | 734 | 278 | 680 | 1,026 | 11.8% |
| Poland | 1,019 | 886 | 1,100 | 729 | -10.6% |
| Sweden | 118 | 360 | 672 | 646 | 76.2% |
| Czech Republic | 168 | 104 | 228 | 609 | 53.6% |
| Hungary | 519 | 484 | 650 | 591 | 4.4% |
| Netherlands | 321 | 590 | 743 | 547 | 19.4% |
| United Kingdom | 64.0 | 104 | 255 | 495 | 97.8% |
| South Korea | 196 | 219 | 285 | 449 | 31.8% |
| Spain | 1,428 | 213 | 322 | 353 | -37.2% |
| United Arab Emirates | 112 | 9.7 | 25.0 | 213 | 23.9% |
| Finland | 148 | 64.0 | 117 | 137 | -2.5% |
| Others | 4,298 | 2,853 | 2,529 | 2,530 | -16.2% |
| Total | 12,263 | 7,944 | 10,032 | 11,527 | -2.0% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Denmark in 2022:
- Germany (914.0 units)
- Hungary (574.0 units)
- Sweden (294.0 units)
- Italy (292.0 units)
- Norway (277.0 units)
- Poland (208.0 units)
- Netherlands (188.0 units)
- Czech Republic (172.0 units)
- Finland (129.0 units)
- United Arab Emirates (120.0 units)
- United Kingdom (117.0 units)
- Spain (109.0 units)
- South Korea (97.0 units)
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This report provides an in-depth analysis of the ac/dc motor market in Denmark.
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