Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark - 2023

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark (FOB) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark (CIF) - 2022
  3. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark
  4. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $1,223 per unit, falling by -78.6% against the previous year. Overall, the export price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2019 an increase of 426% against the previous year. The export price peaked at $7,483 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($22,397 per unit), while the average price for exports to the Netherlands ($407 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 Norway (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $1,430 per unit, shrinking by -39.6% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 85% against the previous year. As a result, import price attained the peak level of $2,367 per unit, and then declined sharply in the following year.

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 Norway ($6,264 per unit), while the price for Faroe Islands ($170 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+83.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark

In 2022, overseas shipments of electric motors and generators increased by 2,877% to 3.4K units for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric motors and generators surged to $4.2M in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A0.82,379297275.0%
Norway4.62.83.01,433577.9%
NetherlandsN/AN/AN/A1240%
China96.91,50046692.9-1.4%
Japan1,894N/AN/AN/A0%
Singapore40.0N/A50.6N/A12.5%
Others64.510613012223.7%
Total2,1001,6096514,15125.5%

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Denmark in 2022:

  1. United Kingdom (3009.0 units)
  2. Netherlands (305.0 units)
  3. Norway (64.0 units)
  4. China (7.0 units)

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark

Imports of electric motors and generators into Denmark surged to 744 units in 2022, with an increase of 343% against the previous year's figure. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 1,252%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of electric motors and generators skyrocketed to $1.1M in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,488%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A29.16982298.6%
China0.7N/A7.2162514.0%
Norway6.3242304138179.8%
Germany9.47.436.330.147.4%
United States1.21400.922.4165.3%
Faroe Islands0.1N/AN/A2.7200.0%
Others7.39.120.011.516.4%
Total25.03983981,064249.1%

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Denmark in 2022:

  1. China (503.0 units)
  2. United Kingdom (127.0 units)
  3. United States (47.0 units)
  4. Germany (22.0 units)
  5. Norway (22.0 units)
  6. Faroe Islands (16.0 units)

Source: IndexBox Market Intelligence Platform

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