Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $4,239 per unit, shrinking by -25.8% against the previous year. Over the period under review, the import price recorded a deep reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 194%. As a result, import price reached the peak level of $32,272 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($44,790 per unit), while the price for China ($1,011 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia (FOB) - 2022
The average export price for electric motors and generators stood at $21,365 per unit in 2022, with a decrease of -48.7% against the previous year. In general, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2017 an increase of 8,771% against the previous year. The export price peaked at $47,275 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($76,763 per unit), while the average price for exports to Ecuador ($1,623 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 (+64.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia
In 2022, the amount of electric motors and generators imported into Colombia contracted sharply to 132 units, which is down by -50.6% compared with the previous year's figure. Over the period under review, imports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 445%. Imports peaked at 280 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electric motors and generators declined sharply to $560K in 2022. In general, imports recorded a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. Imports peaked at $8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7,445 | 1,023 | 875 | 224 | -68.9% |
| China | 1.9 | 13.2 | 253 | 108 | 284.5% |
| Italy | 52.2 | 33.6 | 49.5 | 20.6 | -26.7% |
| Others | 467 | 238 | 348 | 207 | -23.8% |
| Total | 7,966 | 1,307 | 1,525 | 560 | -58.7% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Colombia in 2022:
- China (107.0 units)
- Italy (6.0 units)
- United States (5.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia
For the third consecutive year, Colombia recorded decline in shipments abroad of electric motors and generators, which decreased by -28.6% to 15 units in 2022. Overall, exports faced a dramatic descent. The smallest decline of -27.6% was in 2021. The exports peaked at 61 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electric motors and generators fell rapidly to $320K in 2022. Over the period under review, exports faced a sharp shrinkage. The smallest decline of -36.2% was in 2021. Over the period under review, the exports of hit record highs at $2.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,938 | 1,224 | 757 | 230 | -50.9% |
| Chile | 352 | 121 | 94.4 | 63.4 | -43.5% |
| Panama | 24.7 | 12.8 | 14.9 | 15.0 | -15.3% |
| Guatemala | 16.2 | 6.9 | 6.6 | 5.6 | -29.8% |
| Ecuador | 12.9 | 2.5 | 0.5 | 3.2 | -37.2% |
| Dominican Republic | N/A | 2.7 | N/A | 2.9 | 3.6% |
| Italy | N/A | N/A | 2.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,343 | 1,371 | 875 | 320 | -48.5% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Colombia in 2022:
- Chile (4.0 units)
- Panama (3.0 units)
- United States (3.0 units)
- Guatemala (2.0 units)
- Ecuador (2.0 units)
- Dominican Republic (1.0 units)
423
This report provides an in-depth analysis of the dc motor market in Colombia.
429
This report provides an in-depth analysis of the ac/dc motor market in Colombia.
1146
This report provides an in-depth analysis of the global dc motor market.
1525
This report provides an in-depth analysis of the global ac/dc motor market.
423
This report provides an in-depth analysis of the dc motor market in Colombia.
429
This report provides an in-depth analysis of the ac/dc motor market in Colombia.
1146
This report provides an in-depth analysis of the global dc motor market.
1525
This report provides an in-depth analysis of the global ac/dc motor market.
237
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
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
237
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
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
