Price for Electric Motors; AC Motors, Single-Phase in Chile - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Chile (CIF) - 2023
- Price for Electric Motors; AC Motors, Single-Phase in Chile (FOB) - 2022
- Imports of Electric Motors; AC Motors, Single-Phase in Chile
- Exports of Electric Motors; AC Motors, Single-Phase in Chile
Price for Electric Motors; AC Motors, Single-Phase in Chile (CIF) - 2023
The average import price for electric motors; AC motors, single-phases stood at $45.2 per unit in July 2023, picking up by 63% against the previous month. Overall, the import price saw a mild increase. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 353% month-to-month. As a result, import price attained the peak level of $83.9 per unit. From June 2023 to July 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Brazil ($113 per unit), while the price for China ($19.3 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Brazil (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors; AC Motors, Single-Phase in Chile (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, single-phases amounted to $102 per unit, picking up by 4.5% against the previous year. In general, the export price recorded a noticeable increase. The pace of growth was the most pronounced in 2018 an increase of 104% against the previous year. As a result, the export price attained the peak level of $215 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($310 per unit), while the average price for exports to the United States ($88 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 Ecuador (+23.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Single-Phase in Chile
In 2022, imports of electric motors; AC motors, single-phases into Chile contracted markedly to 501K units, falling by -28.9% compared with the year before. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 100%. As a result, imports reached the peak of 704K units, and then dropped sharply in the following year.
In value terms, electric motors; AC motors, single-phase imports shrank rapidly to $16M in 2022. Over the period under review, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 with an increase of 113%. As a result, imports attained the peak of $20M, and then declined remarkably in the following year.
| Import of Electric Motors; AC Motors, Single-Phase in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 3.6 | 9.6 | 6.8 | 10.8% |
| Italy | 2.2 | 1.1 | 3.3 | 3.1 | 12.1% |
| Brazil | 0.7 | 1.2 | 2.9 | 1.1 | 16.3% |
| Others | 3.0 | 3.6 | 4.3 | 5.0 | 18.6% |
| Total | 10.8 | 9.5 | 20.2 | 15.9 | 13.8% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Chile in 2022:
- China (385.0K units)
- Italy (39.0K units)
- Brazil (25.0K units)
Exports of Electric Motors; AC Motors, Single-Phase in Chile
In 2022, the amount of electric motors; AC motors, single-phases exported from Chile totaled 6.6K units, growing by 3.2% on 2021. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 131% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, electric motors; AC motors, single-phase exports amounted to $672K in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 109%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Electric Motors; AC Motors, Single-Phase in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 230 | 9.8 | 455 | 375 | 17.7% |
| Bolivia | 23.3 | 250 | 125 | 258 | 122.9% |
| Peru | 20.5 | 22.7 | 16.9 | 21.7 | 1.9% |
| Others | 35.4 | 14.7 | 26.4 | 17.9 | -20.3% |
| Total | 310 | 298 | 623 | 672 | 29.4% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Chile in 2022:
- United States (4.3K units)
- Bolivia (2.0K units)
- Peru (0.2K units)
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1323
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
240
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
892
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
