Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in New Zealand - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in New Zealand (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in New Zealand (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in New Zealand
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in New Zealand
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in New Zealand (CIF) - 2022
In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $5,576 per unit, waning by -23.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 47% against the previous year. The import price peaked at $7,666 per unit in 2020; however, from 2021 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 Finland ($11,001 per unit), while the price for Slovenia ($613 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.1%), 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 New Zealand (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $4,341 per unit, with an increase of 71% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 236%. The export price peaked at $9,523 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Caledonia ($9,223 per unit), while the average price for exports to Canada ($785 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 the Netherlands (+29.3%), 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 New Zealand
In 2022, approx. 688 units of electric motors; AC motors, multi-phase, of an output exceeding 75kWs were imported into New Zealand; jumping by 67% compared with 2021 figures. Overall, imports recorded significant growth. 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 soared to $3.8M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 51% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 446 | 836 | 771 | 987 | 30.3% |
| Brazil | 531 | 964 | 222 | 825 | 15.8% |
| Germany | 359 | 302 | 454 | 507 | 12.2% |
| Finland | 45.8 | 99.0 | 92.8 | 462 | 116.1% |
| United States | 91.0 | 95.7 | 297 | 327 | 53.2% |
| Australia | 52.7 | 45.6 | 95.0 | 191 | 53.6% |
| Slovenia | N/A | N/A | N/A | 15.3 | 0% |
| Others | 632 | 916 | 1,054 | 521 | -6.2% |
| Total | 2,157 | 3,258 | 2,986 | 3,836 | 21.2% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to New Zealand in 2022:
- Brazil (200.0 units)
- China (143.0 units)
- Australia (80.0 units)
- Germany (65.0 units)
- United States (47.0 units)
- Finland (42.0 units)
- Slovenia (25.0 units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in New Zealand
For the fourth year in a row, New Zealand recorded growth in shipments abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs, which increased by 39% to 71 units in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 155% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs skyrocketed to $308K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained 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 New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Caledonia | 71.4 | 24.6 | 8.8 | 203 | 41.7% |
| Australia | N/A | 40.3 | 14.5 | 62.1 | 24.1% |
| United States | N/A | 3.4 | 9.9 | 36.1 | 225.8% |
| Netherlands | N/A | N/A | N/A | 4.4 | 0% |
| Canada | N/A | 0.9 | 1.0 | 2.4 | 63.3% |
| Spain | N/A | 39.6 | 43.2 | N/A | 9.1% |
| Vietnam | N/A | 15.8 | 17.3 | N/A | 9.5% |
| Cook Islands | 3.5 | 4.2 | N/A | N/A | 20.0% |
| United Kingdom | N/A | 7.7 | 8.4 | N/A | 9.1% |
| Hong Kong SAR | N/A | N/A | 14.6 | N/A | 0% |
| Denmark | N/A | N/A | 1.0 | N/A | 0% |
| Brazil | N/A | N/A | 1.5 | N/A | 0% |
| Others | 0.2 | 1.7 | 9.2 | 0.3 | 14.5% |
| Total | 75.1 | 138 | 130 | 308 | 60.1% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from New Zealand in 2022:
- Australia (22.0 units)
- New Caledonia (22.0 units)
- United States (20.0 units)
- Canada (3.0 units)
- Netherlands (3.0 units)
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Explore the top import markets for AC/DC motors in 2023, including the United States, Germany, China, Italy, and more. Learn about the key statistics and import values of these countries.
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
903
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...
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