Price for Electric Motors; AC Motors, Single-Phase in France - 2023

Price for Electric Motors; AC Motors, Single-Phase in France (CIF) - 2022

The average import price for electric motors; AC motors, single-phases stood at $28 per unit in 2022, with a decrease of -6.7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 42% against the previous year. The import price peaked at $51 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($31 per unit) and Italy ($31 per unit), while the price for Tunisia ($22 per unit) and China ($23 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors; AC Motors, Single-Phase in France (FOB) - 2023

The average export price for electric motors; AC motors, single-phases stood at $31.9 per unit in June 2023, which is down by -9.6% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when the average export price increased by 15% month-to-month. The export price peaked at $35.8 per unit in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was the United Arab Emirates ($65.2 per unit), while the average price for exports to the Czech Republic ($4.8 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors; AC Motors, Single-Phase in France

In 2022, after three years of growth, there was decline in overseas purchases of electric motors; AC motors, single-phases, when their volume decreased by -3.8% to 7.7M units. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. Imports peaked at 8M units in 2021, and then shrank modestly in the following year.

In value terms, electric motors; AC motors, single-phase imports contracted to $213M in 2022. Over the period under review, imports recorded a mild reduction. The growth pace was the most rapid in 2021 when imports increased by 9.3% against the previous year. As a result, imports reached the peak of $237M, and then reduced in the following year.

Import of Electric Motors; AC Motors, Single-Phase in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Tunisia	57.8	68.0	68.0	64.5	3.7%
Germany	40.6	44.6	54.9	53.3	9.5%
Poland	43.6	48.4	52.8	43.4	-0.2%
Italy	12.8	16.6	25.0	22.4	20.5%
China	41.3	21.5	15.5	13.4	-31.3%
Others	23.6	18.1	21.2	15.9	-12.3%
Total	220	217	237	213	-1.1%

Top Suppliers of Electric Motors; AC Motors, Single-Phase to France in 2022:

Tunisia (3.0M units)
Germany (1.8M units)
Poland (1.4M units)
Italy (0.7M units)
China (0.6M units)

Exports of Electric Motors; AC Motors, Single-Phase in France

In 2022, shipments abroad of electric motors; AC motors, single-phases decreased by -2.1% to 3.2M units, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 29% against the previous year. As a result, the exports attained the peak of 3.4M units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, electric motors; AC motors, single-phase exports dropped to $186M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 10% against the previous year. As a result, the exports attained the peak of $203M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Electric Motors; AC Motors, Single-Phase in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	28.4	33.4	31.0	29.3	1.0%
Netherlands	29.2	39.2	27.8	23.7	-6.7%
Poland	20.9	27.4	29.3	20.4	-0.8%
United Arab Emirates	2.0	2.2	2.7	11.2	77.6%
Spain	10.2	10.5	11.1	9.7	-1.7%
United States	10.5	9.6	9.7	9.2	-4.3%
Italy	8.3	8.0	9.4	8.1	-0.8%
Switzerland	7.9	9.3	9.4	7.3	-2.6%
Greece	4.9	5.6	6.9	6.3	8.7%
Australia	4.6	5.4	4.8	6.2	10.5%
Turkey	4.7	8.0	5.3	6.1	9.1%
Israel	5.1	4.7	5.3	4.6	-3.4%
Kuwait	1.4	1.3	1.8	2.4	19.7%
Others	46.0	38.3	47.7	41.7	-3.2%
Total	184	203	202	186	0.4%