Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the United Arab Emirates - 2022

Contents:

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

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

The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $2,006 per unit in 2022, shrinking by -37.6% against the previous year. In general, the import price showed a pronounced slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by 103% against the previous year. As a result, import price reached the peak level of $5,094 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($11,949 per unit), while the price for India ($493 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.5%), 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 United Arab Emirates (FOB) - 2022

In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $6,249 per unit, rising by 186% against the previous year. Overall, the export price showed a buoyant 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 country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($40,709 per unit), while the average price for exports to Tanzania ($150 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 Qatar (+34.1%), 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 the United Arab Emirates

In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs imported into the United Arab Emirates skyrocketed to 23K units, with an increase of 39% compared with the year before. In general, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 89% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs reduced to $46M in 2022. Overall, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. As a result, imports attained the peak of $83M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.33.11.511.739.6%
China6.411.315.07.24.0%
Finland2.92.91.14.515.8%
India1.13.52.74.559.9%
Brazil0.90.61.04.469.7%
South Korea2.86.64.11.5-18.8%
Others32.855.228.012.4-27.7%
Total51.283.153.346.2-3.4%

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

  1. India (9.1K units)
  2. China (4.1K units)
  3. Brazil (3.3K units)
  4. United States (1.1K units)
  5. South Korea (0.7K units)
  6. Finland (0.4K units)

Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in the United Arab Emirates

In 2022, shipments abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -24.4% to 5.1K units, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, the exports reached the peak of 7K 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 skyrocketed to $32M in 2022. Overall, exports, however, enjoyed a significant increase. As a result, the exports reached 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 the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman8.310.19.76.4-8.3%
Saudi Arabia0.10.3N/A3.7233.2%
QatarN/AN/AN/A1.80%
CameroonN/AN/A0.10.2100.0%
TanzaniaN/AN/AN/AN/A0%
Others4.73.74.919.761.2%
Total13.214.114.731.834.1%

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

  1. Oman (4293.0 units)
  2. Qatar (260.0 units)
  3. Cameroon (136.0 units)
  4. Tanzania (128.0 units)
  5. Saudi Arabia (91.0 units)

Source: IndexBox Market Intelligence Platform

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