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

Contents:

  1. Price for Electric Motors; AC Motors, Single-Phase in Switzerland (CIF) - 2022
  2. Price for Electric Motors; AC Motors, Single-Phase in Switzerland (FOB) - 2023
  3. Imports of Electric Motors; AC Motors, Single-Phase in Switzerland
  4. Exports of Electric Motors; AC Motors, Single-Phase in Switzerland

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

In 2022, the average import price for electric motors; AC motors, single-phases amounted to $40 per unit, increasing by 9.5% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 29%. Over the period under review, average import prices attained the maximum at $46 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($87 per unit), while the price for China ($19 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In July 2023, the average export price for electric motors; AC motors, single-phases amounted to $69.7 per unit, increasing by 4.3% against the previous month. Over the period under review, the export price posted a perceptible increase. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 352% m-o-m. Over the period under review, the average export prices reached the maximum at $115 per unit in November 2022; however, from December 2022 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($860 per unit), while the average price for exports to France ($18.4 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+54.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of electric motors; AC motors, single-phases imported into Switzerland dropped to 1.3M units, declining by -14% against 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 42%. As a result, imports attained the peak of 1.5M units, and then dropped in the following year.

In value terms, electric motors; AC motors, single-phase imports contracted to $52M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 14%. As a result, imports reached the peak of $55M, and then reduced in the following year.

Import of Electric Motors; AC Motors, Single-Phase in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany19.718.918.720.00.5%
Poland9.212.114.211.57.7%
Italy6.94.96.65.1-9.6%
Czech Republic0.71.62.64.180.3%
Tunisia3.64.74.93.3-2.9%
China2.21.11.92.54.4%
France2.32.21.31.9-6.2%
Others3.83.55.23.90.9%
Total48.448.855.552.22.6%

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

  1. Germany (394.3K units)
  2. Poland (295.3K units)
  3. Italy (267.2K units)
  4. China (131.1K units)
  5. Czech Republic (90.8K units)
  6. Tunisia (56.5K units)
  7. France (21.5K units)

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

After three years of growth, overseas shipments of electric motors; AC motors, single-phases decreased by -4.6% to 465K units in 2022. The total export volume increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 31%. Over the period under review, the exports reached the maximum at 487K units in 2021, and then contracted modestly in the following year.

In value terms, electric motors; AC motors, single-phase exports reduced markedly to $25M in 2022. In general, exports recorded a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 6.2%. As a result, the exports attained the peak of $32M, and then reduced rapidly in the following year.

Export of Electric Motors; AC Motors, Single-Phase in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria8.38.88.58.30.0%
Germany4.53.93.73.2-10.7%
Italy1.91.62.32.25.0%
United States2.41.91.71.2-20.6%
Hungary0.20.20.40.426.0%
LatviaN/AN/AN/A0.30%
Others13.513.415.09.9-9.8%
Total30.829.731.525.4-6.2%

Top Export Markets for Electric Motors; AC Motors, Single-Phase from Switzerland in 2022:

  1. Austria (293.9K units)
  2. Italy (70.0K units)
  3. Germany (22.0K units)
  4. Hungary (14.2K units)
  5. Latvia (9.3K units)
  6. United States (6.3K units)

Source: IndexBox Market Intelligence Platform

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