Price for Electric Motors; AC Motors, Single-Phase in Belarus - 2022
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Belarus (FOB) - 2022
- Price for Electric Motors; AC Motors, Single-Phase in Belarus (CIF) - 2022
- Exports of Electric Motors; AC Motors, Single-Phase in Belarus
- Imports of Electric Motors; AC Motors, Single-Phase in Belarus
Price for Electric Motors; AC Motors, Single-Phase in Belarus (FOB) - 2022
The average export price for electric motors; AC motors, single-phases stood at $37.8 per unit in March 2022, growing by 77% against the previous month. In general, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in February 2022 an increase of 111% month-to-month. Over the period under review, the average export prices attained the peak figure in March 2022.
Prices varied noticeably by the country of destination: the country with the highest price was Russia ($41.7 per unit), while the average price for exports to Slovenia totaled $21.1 per unit.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Single-Phase in Belarus (CIF) - 2022
The average import price for electric motors; AC motors, single-phases stood at $20.2 per unit in March 2022, increasing by 8% against the previous month. Overall, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in February 2022 when the average import price increased by 129% month-to-month. The import price peaked in March 2022.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($57.6 per unit), while the price for Poland ($11.2 per unit) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by Russia (+15.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Electric Motors; AC Motors, Single-Phase in Belarus
In 2022, overseas shipments of electric motors; AC motors, single-phases decreased by -16.3% to 485K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 68%. Over the period under review, the exports reached the peak figure at 579K units in 2021, and then contracted notably in the following year.
In value terms, electric motors; AC motors, single-phase exports surged to $27M in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 49% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
Export of Electric Motors; AC Motors, Single-Phase in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 8.1 | 11.0 | 15.1 | 20.4 | 36.1% |
Ukraine | 1.4 | 2.1 | 2.4 | 3.3 | 33.1% |
Slovenia | 0.5 | 1.8 | 1.3 | 1.8 | 53.3% |
Others | 0.5 | 0.8 | 1.0 | 1.4 | 40.9% |
Total | 10.5 | 15.7 | 19.9 | 26.8 | 36.7% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Belarus in 2022:
- Russia (401.0K units)
- Slovenia (45.5K units)
- Ukraine (26.2K units)
Imports of Electric Motors; AC Motors, Single-Phase in Belarus
In 2022, overseas purchases of electric motors; AC motors, single-phases decreased by -25.7% to 553K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 23%. Imports peaked at 744K units in 2021, and then shrank significantly in the following year.
In value terms, electric motors; AC motors, single-phase imports contracted to $18M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Over the period under review, imports hit record highs at $18M in 2021, and then shrank slightly in the following year.
Import of Electric Motors; AC Motors, Single-Phase in Belarus (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.5 | 12.3 | 13.3 | 13.1 | 11.3% |
Russia | 1.4 | 1.3 | 1.3 | 1.3 | -2.4% |
Poland | 0.9 | 0.8 | 0.9 | 0.9 | 0.0% |
Italy | 0.4 | 0.4 | 0.3 | 0.4 | 0.0% |
Others | 1.7 | 1.5 | 2.1 | 2.2 | 9.0% |
Total | 13.8 | 16.2 | 18.0 | 17.8 | 8.9% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Belarus in 2022:
- China (414.5K units)
- Poland (58.1K units)
- Russia (42.9K units)
- Italy (15.4K units)
This report provides an in-depth analysis of the ac/dc motor market in Belarus.
This report provides an in-depth analysis of the dc motor market in Belarus.
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 Belarus.
This report provides an in-depth analysis of the dc motor market in Belarus.
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