Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ecuador - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ecuador (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ecuador (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ecuador
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ecuador
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ecuador (CIF) - 2022
The average import price for electric motors and generators stood at $5,933 per unit in 2022, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2014 an increase of 173% against the previous year. Over the period under review, average import prices attained the peak figure at $26,013 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($42,171 per unit), while the price for Venezuela ($8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+200.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ecuador (FOB) - 2022
The average export price for electric motors and generators stood at $8,517 per unit in 2022, picking up by 2,274% against the previous year. In general, the export price, however, showed a pronounced downturn. The export price peaked at $13,161 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Colombia ($14,599 per unit), while the average price for exports to the United States ($1,398 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 Cuba (+15.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ecuador
In 2022, the amount of electric motors and generators imported into Ecuador declined dramatically to 31 units, which is down by -87.9% against 2021 figures. In general, imports faced a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. Over the period under review, imports of reached the peak figure at 406 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electric motors and generators shrank sharply to $184K in 2022. Overall, imports showed a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 182% against the previous year. As a result, imports reached the peak of $1.5M, and then shrank markedly in the following year.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 392 | 225 | 564 | 63.1 | -45.6% |
| China | 20.3 | 10.7 | 230 | 42.2 | 27.6% |
| Japan | 170 | 89.5 | 207 | 21.3 | -50.0% |
| Hong Kong SAR | 0.1 | 54.3 | 227 | 21.3 | 497.2% |
| France | 4.2 | 5.1 | 68.2 | 6.6 | 16.3% |
| Canada | 3.6 | 1.9 | 4.8 | 3.0 | -5.9% |
| Colombia | 3.1 | 0.7 | 0.3 | 0.7 | -39.1% |
| Chile | 35.9 | 1.7 | 4.2 | 0.5 | -75.9% |
| Brazil | 1.7 | 0.2 | 1.1 | 0.3 | -43.9% |
| Austria | N/A | N/A | N/A | 0.2 | 0% |
| Venezuela | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Hungary | N/A | N/A | N/A | N/A | 0% |
| Finland | 0.3 | 0.1 | 0.3 | N/A | 0.0% |
| Others | 578 | 158 | 235 | 24.7 | -65.0% |
| Total | 1,210 | 547 | 1,543 | 184 | -46.6% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Ecuador in 2022:
- Panama (4.0 units)
- Japan (4.0 units)
- Hong Kong SAR (2.0 units)
- Brazil (1.0 units)
- Canada (1.0 units)
- Colombia (1.0 units)
- Finland (1.0 units)
- France (1.0 units)
- Austria (1.0 units)
- China (1.0 units)
- Chile (1.0 units)
- Hungary (1.0 units)
- Venezuela (1.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ecuador
Exports of electric motors and generators from Ecuador skyrocketed to 10 units in 2022, picking up by 100% against 2021. In general, exports saw 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 skyrocketed to $85K in 2022. Over the period under review, exports enjoyed a prominent expansion. 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 Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 19.2 | 40.1 | 1.2 | 58.4 | 44.9% |
| Peru | 7.9 | 9.8 | 0.3 | 13.0 | 18.1% |
| Cuba | 3.9 | 6.1 | 0.2 | 12.4 | 47.0% |
| United States | 0.7 | 0.9 | N/A | 1.4 | 26.0% |
| Spain | N/A | 0.4 | N/A | N/A | 0% |
| Mexico | 25.2 | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 57.0 | 57.3 | 1.8 | 85.2 | 14.3% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Ecuador in 2022:
- Colombia (4.0 units)
- Cuba (3.0 units)
- Peru (2.0 units)
- United States (1.0 units)
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