Price for Electric Motors; AC Motors, Single-Phase in Germany - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Germany (CIF) - 2023
- Price for Electric Motors; AC Motors, Single-Phase in Germany (FOB) - 2023
- Imports of Electric Motors; AC Motors, Single-Phase in Germany
- Exports of Electric Motors; AC Motors, Single-Phase in Germany
Price for Electric Motors; AC Motors, Single-Phase in Germany (CIF) - 2023
The average import price for electric motors; AC motors, single-phases stood at $28.7 per unit in June 2023, which is down by -3.3% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 17% month-to-month. The import price peaked at $31.5 per unit in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($48.3 per unit), while the price for Thailand ($14.4 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Serbia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Single-Phase in Germany (FOB) - 2023
In June 2023, the average export price for electric motors; AC motors, single-phases amounted to $36.7 per unit, shrinking by -4.4% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 38% m-o-m. As a result, the export price reached the peak level of $39.9 per unit. From December 2022 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Sweden ($53.4 per unit), while the average price for exports to France ($24.3 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 Poland (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Single-Phase in Germany
In 2022, overseas purchases of electric motors; AC motors, single-phases decreased by -10.5% to 6.9M units, falling for the second consecutive year after two years of growth. In general, imports recorded a pronounced slump. The pace of growth was the most pronounced in 2020 with an increase of 7.1% against the previous year. As a result, imports attained the peak of 7.8M units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, electric motors; AC motors, single-phase imports dropped to $253M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 8.3%. As a result, imports attained the peak of $277M, and then fell in the following year.
| Import of Electric Motors; AC Motors, Single-Phase in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 63.2 | 73.9 | 75.8 | 58.5 | -2.5% |
| China | 32.4 | 34.4 | 38.5 | 35.7 | 3.3% |
| France | 31.3 | 34.7 | 36.1 | 31.6 | 0.3% |
| Italy | 16.6 | 16.6 | 19.3 | 26.6 | 17.0% |
| Poland | 19.5 | 24.7 | 28.1 | 24.3 | 7.6% |
| Czech Republic | 13.2 | 13.9 | 16.9 | 13.7 | 1.2% |
| Hungary | 7.6 | 5.3 | 4.4 | 6.7 | -4.1% |
| Thailand | 2.8 | 3.1 | 8.4 | 6.2 | 30.3% |
| Serbia | 2.0 | 3.1 | 5.0 | 4.5 | 31.0% |
| Others | 54.9 | 46.2 | 44.4 | 44.8 | -6.6% |
| Total | 244 | 256 | 277 | 253 | 1.2% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Germany in 2022:
- China (1784.5K units)
- Tunisia (1376.5K units)
- Poland (984.9K units)
- Italy (725.4K units)
- France (634.8K units)
- Czech Republic (348.1K units)
- Serbia (229.0K units)
- Thailand (135.8K units)
- Hungary (69.0K units)
Exports of Electric Motors; AC Motors, Single-Phase in Germany
In 2022, exports of electric motors; AC motors, single-phases from Germany dropped to 5.6M units, waning by -10.3% against the previous year. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 11%. As a result, the exports attained the peak of 6.3M units, and then dropped in the following year.
In value terms, electric motors; AC motors, single-phase exports contracted to $256M in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $270M, and then reduced in the following year.
| Export of Electric Motors; AC Motors, Single-Phase in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 50.6 | 49.3 | 66.7 | 63.7 | 8.0% |
| Austria | 22.3 | 25.3 | 33.8 | 30.9 | 11.5% |
| Czech Republic | 32.9 | 31.9 | 36.5 | 30.0 | -3.0% |
| Switzerland | 19.9 | 19.8 | 20.8 | 23.6 | 5.8% |
| Poland | 12.4 | 13.8 | 18.3 | 16.4 | 9.8% |
| Italy | 12.1 | 9.3 | 12.6 | 12.3 | 0.5% |
| Spain | 7.2 | 6.1 | 7.6 | 6.9 | -1.4% |
| Hungary | 3.4 | 4.2 | 5.0 | 5.1 | 14.5% |
| Others | 75.1 | 67.7 | 69.1 | 67.4 | -3.5% |
| Total | 236 | 228 | 270 | 256 | 2.7% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Germany in 2022:
- France (1852.9K units)
- Czech Republic (876.5K units)
- Austria (656.2K units)
- Poland (507.0K units)
- Switzerland (436.2K units)
- Italy (270.7K units)
- Hungary (124.0K units)
- Spain (87.1K units)
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This report provides an in-depth analysis of the global dc motor market.
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This report provides an in-depth analysis of the ac/dc motor market in Germany.
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This report provides an in-depth analysis of the dc motor market in Germany.
1508
This report provides an in-depth analysis of the global ac/dc motor market.
1138
This report provides an in-depth analysis of the global dc motor market.
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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
214
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
885
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...
1221
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
