Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sweden - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sweden (CIF) - 2023
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sweden (FOB) - 2023
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sweden
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sweden
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sweden (CIF) - 2023
In October 2023, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $1,925 per unit, picking up by 32% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.6%. Over the period under review, average import prices hit record highs at $1,954 per unit in January 2023; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($8,382 per unit), while the price for China ($1,369 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Brazil (+6.5%), 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 Sweden (FOB) - 2023
In October 2023, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $19,432 per unit, with an increase of 980% against the previous month. Over the period under review, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was China ($245K per unit), while the average price for exports to South Korea ($1,416 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+46.0%), 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 Sweden
In 2022, imports of electric motors; ac motors, multi-phase, of an output exceeding 75kws into Sweden soared to 95K units, with an increase of 102% compared with the previous year's figure. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 266%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs fell to $184M in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 150% against the previous year. As a result, imports attained the peak of $201M, and then declined in the following year.
Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.8 | 3.5 | 28.5 | 122 | 217.8% |
Germany | 9.8 | 7.8 | 12.3 | 19.5 | 25.8% |
Finland | 9.7 | 9.4 | 9.6 | 11.3 | 5.2% |
Czech Republic | 3.7 | 3.2 | 3.4 | 5.5 | 14.1% |
Portugal | 3.3 | 5.7 | 4.2 | 4.4 | 10.1% |
South Korea | N/A | N/A | 0.8 | 2.9 | 262.5% |
Others | 8.4 | 50.7 | 142 | 18.2 | 29.4% |
Total | 38.8 | 80.3 | 201 | 184 | 68.0% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Sweden in 2022:
- China (81.1K units)
- Germany (4.5K units)
- South Korea (1.6K units)
- Portugal (1.5K units)
- Finland (1.5K units)
- Czech Republic (0.9K units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sweden
In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs exported from Sweden surged to 19K units, growing by 16% against the year before. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 102%. Over the period under review, the exports of attained the peak figure 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 plummeted to $142M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 59%. As a result, the exports attained the peak of $168M, and then contracted notably in the following year.
Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.7 | 14.9 | 53.1 | 25.9 | 43.9% |
Germany | 12.5 | 17.9 | 11.9 | 20.5 | 17.9% |
United States | 7.5 | 9.4 | 5.9 | 16.2 | 29.3% |
France | 3.5 | 4.5 | 5.0 | 12.5 | 52.9% |
Spain | 6.3 | 10.1 | 9.1 | 10.1 | 17.0% |
Poland | 7.4 | 8.2 | 7.7 | 9.9 | 10.2% |
Italy | N/A | N/A | 5.2 | 5.7 | 9.6% |
Norway | 6.4 | 3.2 | 13.1 | 5.0 | -7.9% |
Denmark | 0.9 | 0.4 | 0.7 | 4.1 | 65.8% |
India | 5.0 | 0.9 | 0.4 | 3.8 | -8.7% |
Belgium | 1.0 | N/A | 1.4 | 2.8 | 40.9% |
Finland | 2.1 | 5.9 | 0.6 | 2.1 | 0.0% |
Israel | N/A | 0.1 | 1.7 | 0.2 | 41.4% |
Others | 28.8 | 29.8 | 51.9 | 23.2 | -7.0% |
Total | 90.1 | 105 | 168 | 142 | 16.4% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Sweden in 2022:
- Germany (5.4K units)
- Poland (2.9K units)
- China (2.7K units)
- Italy (1.1K units)
- Denmark (0.7K units)
- Norway (0.7K units)
- Israel (0.6K units)
- France (0.6K units)
- United States (0.6K units)
- India (0.5K units)
- Finland (0.3K units)
- Belgium (0.3K units)
- Spain (0.3K units)
This report provides an in-depth analysis of the ac/dc motor market in Sweden.
This report provides an in-depth analysis of the dc motor market in Sweden.
This report provides an in-depth analysis of the global ac/dc motor market.
This report provides an in-depth analysis of the global dc motor market.
This report provides an in-depth analysis of the ac/dc motor market in Sweden.
This report provides an in-depth analysis of the dc motor market in Sweden.
This report provides an in-depth analysis of the global ac/dc motor market.
This report provides an in-depth analysis of the global dc motor market.
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
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...
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
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...
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex