Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the Dominican Republic - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the Dominican Republic (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the Dominican Republic (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the Dominican Republic
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the Dominican Republic
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the Dominican Republic (CIF) - 2022
In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $272 per unit, declining by -98% against the previous year. Over the period under review, the import price recorded a precipitous contraction. The growth pace was the most rapid in 2021 an increase of 287% against the previous year. As a result, import price reached the peak level of $13,630 per unit, and then dropped remarkably in the following year.
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 the Czech Republic ($17,243 per unit), while the price for South Korea ($162 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.5%), 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 the Dominican Republic (FOB) - 2022
The average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $3,500 per unit in 2022, remaining relatively unchanged against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 127% against the previous year. Over the period under review, the average export prices hit record highs at $3,706 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to -44.2% per year.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the Dominican Republic
In 2022, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs into the Dominican Republic surged to 13K units, picking up by 1,401% on 2021. Overall, imports posted 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 dropped dramatically to $3.6M in 2022. In general, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 5,641%. As a result, imports attained the peak of $12M, and then reduced dramatically in the following year.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the Dominican Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | N/A | 2.1 | 0% |
| Colombia | 0.4 | N/A | N/A | N/A | 0% |
| Sweden | N/A | N/A | 5.0 | N/A | 0% |
| Others | 1.1 | 0.2 | 6.9 | 1.5 | 10.9% |
| Total | 1.4 | 0.2 | 11.9 | 3.6 | 37.0% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to the Dominican Republic in 2022:
- South Korea (13.1K units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the Dominican Republic
In 2022, after two years of decline, there was decline in shipments abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs, when their volume decreased by 0% to 1 units. In general, exports faced a precipitous decline. The smallest decline of 99.9% was in 2020. The exports peaked at 5 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $3.5K in 2022. Overall, exports showed a abrupt curtailment. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs at $4.9K 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 the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 3.5 | 0% |
| Panama | 4.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.9 | N/A | N/A | 3.5 | -10.6% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from the Dominican Republic in 2022:
- Germany (1.0 units)
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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
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
887
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...
1222
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
