Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Japan - 2022

Contents:

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

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

In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $13,891 per unit, which is down by -8.3% against the previous year. Overall, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2019 a decrease of -7% against the previous year. Over the period under review, the average export prices hit record highs at $37,524 per unit in 2012; however, from 2013 to 2022, the export prices remained at a 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 Thailand ($168,838 per unit), while the average price for exports to India ($6,477 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 Thailand (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $6,586 per unit, declining by -6.9% against the previous year. Overall, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by 7.3%. The import price peaked at $9,241 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($6,634 per unit) and the UK ($6,588 per unit), while the price for China ($6,584 per unit) and South Korea ($6,584 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-3.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -0.1% to 13K units, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, the exports attained the peak of 13K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs dropped to $176M in 2022. In general, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 3.9%. As a result, the exports reached the peak of $216M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43.739.736.146.62.2%
United States38.851.326.131.8-6.4%
India11.110.39.025.732.3%
South Korea21.522.123.919.0-4.0%
Saudi Arabia4.62.58.67.819.2%
Italy1.94.715.65.139.0%
Indonesia9.95.83.33.3-30.7%
Russia4.82.36.02.7-17.5%
United Kingdom14.316.11.80.5-67.3%
Others56.760.761.733.7-15.9%
Total207216192176-5.3%

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

  1. India (4.0K units)
  2. South Korea (2.2K units)
  3. United States (1.2K units)
  4. Saudi Arabia (1.2K units)
  5. China (1.2K units)
  6. Italy (0.6K units)
  7. Russia (0.3K units)
  8. Indonesia (0.2K units)
  9. United Kingdom (0.1K units)

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

Imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs into Japan surged to 17K units in 2022, jumping by 23% on 2021 figures. The total import volume increased at an average annual rate of +6.1% 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 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 rose rapidly to $113M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat 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.

Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.713.217.249.343.5%
South Korea30.327.919.627.9-2.7%
India4.13.68.36.918.9%
Finland4.35.09.66.313.6%
Taiwan (Chinese)4.35.810.05.79.9%
Germany3.110.84.75.017.3%
United Kingdom25.424.112.92.9-51.5%
Others16.516.316.28.7-19.2%
Total10510798.51132.5%

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

  1. China (7.5K units)
  2. South Korea (4.2K units)
  3. Finland (1.0K units)
  4. India (1.0K units)
  5. Taiwan (Chinese) (0.9K units)
  6. Germany (0.8K units)
  7. United Kingdom (0.4K units)

Source: IndexBox Market Intelligence Platform

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