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

Contents:

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

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

The average import price for electric motors; AC motors, single-phases stood at $5.8 per unit in 2022, falling by -10.3% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric motors; AC motors, single-phase import price increased by +83.1% against 2016 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 74%. As a result, import price reached the peak level of $6.5 per unit, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($14 per unit), while the price for Turkey ($4.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors; AC Motors, Single-Phase in Ukraine (FOB) - 2022

The average export price for electric motors; AC motors, single-phases stood at $45 per unit in 2022, rising by 54% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric motors; AC motors, single-phase export price increased by +160.4% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 56% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($103 per unit), while the average price for exports to Hungary ($32 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 Botswana (+112.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the third consecutive year, Ukraine recorded decline in supplies from abroad of electric motors; AC motors, single-phases, which decreased by -28.2% to 1.7M units in 2022. In general, imports continue to indicate a dramatic decrease. The smallest decline of -11.1% was in 2020. Imports peaked at 5.1M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, electric motors; AC motors, single-phase imports plummeted to $9.8M in 2022. Overall, imports showed a precipitous decrease. The smallest decline of -10.5% was in 2021. Imports peaked at $19M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Electric Motors; AC Motors, Single-Phase in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.912.711.07.7-19.8%
Poland0.70.60.80.4-17.0%
Italy0.61.10.80.3-20.6%
Turkey0.50.60.50.2-26.3%
Others2.62.02.11.1-24.9%
Total19.316.915.29.8-20.2%

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

  1. China (1560.0K units)
  2. Turkey (49.2K units)
  3. Poland (31.7K units)
  4. Italy (17.1K units)

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

Electric motors; AC motors, single-phase exports from Ukraine declined significantly to 4.9K units in 2022, dropping by -52.2% against the year before. Overall, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 10K units, and then declined markedly in the following year.

In value terms, electric motors; AC motors, single-phase exports contracted notably to $222K in 2022. In general, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. As a result, the exports reached the peak of $301K, and then dropped rapidly in the following year.

Export of Electric Motors; AC Motors, Single-Phase in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary48.386.512292.324.1%
Moldova3.77.110.721.078.4%
United States13.321.912.121.016.4%
Poland53.214.828.418.7-29.4%
Czech Republic0.81.25.99.3126.5%
UzbekistanN/A14.2N/A1.1-72.2%
Romania4.82.73.81.0-40.7%
Slovakia8.85.13.90.2-71.7%
China12.414.816.9N/A16.7%
Austria13.218.231.3N/A54.0%
Egypt30.9N/AN/AN/A0%
Others95.066.166.057.6-15.4%
Total284253301222-7.9%

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

  1. Hungary (2890.0 units)
  2. Poland (586.0 units)
  3. Moldova (565.0 units)
  4. Czech Republic (231.0 units)
  5. United States (203.0 units)
  6. Romania (52.0 units)
  7. Slovakia (15.0 units)
  8. Uzbekistan (1.0 units)

Source: IndexBox Market Intelligence Platform

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