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

Contents:

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

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

The average import price for electric motors and generators stood at $13,058 per unit in 2022, jumping by 462% against the previous year. In general, the import price recorded a significant increase. The import price peaked at $28,574 per unit in 2019; however, from 2020 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 Germany ($37,509 per unit), while the price for Bulgaria ($509 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+74.6%), 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 Greece (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $8,436 per unit, remaining constant against the previous year. In general, the export price posted a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 863% against the previous year. As a result, the export price attained the peak level of $55,481 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($11,865 per unit), while the average price for exports to Saudi Arabia stood at $1,577 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+93.9%), 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 Greece

After two years of decline, purchases abroad of electric motors and generators increased by 650% to 15 units in 2022. Over the period under review, imports, however, showed a significant contraction. Imports peaked at 48 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of electric motors and generators soared to $196K in 2022. Overall, imports, however, faced a dramatic shrinkage. Over the period under review, imports of reached the maximum at $1.4M 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 Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy27215.00.9120-23.9%
GermanyN/A34.6N/A75.047.2%
BulgariaN/AN/AN/A0.50%
China996N/AN/AN/A0%
France87.0N/AN/AN/A0%
SerbiaN/A53.2N/AN/A0%
Others16.70.23.8N/A-52.3%
Total1,3721034.6196-47.7%

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

  1. Italy (12.0 units)
  2. Germany (2.0 units)
  3. Bulgaria (1.0 units)

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

In 2022, overseas shipments of electric motors and generators decreased by 0% to 3 units, falling for the second year in a row after two years of growth. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 233%. As a result, the exports attained the peak of 10 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of electric motors and generators amounted to $25K in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 5.7% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A23.70%
Saudi ArabiaN/AN/AN/A1.60%
Serbia2.23.5N/AN/A59.1%
Panama1.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.33.5N/A25.397.2%

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

  1. Nigeria (2.0 units)
  2. Saudi Arabia (1.0 units)

Source: IndexBox Market Intelligence Platform

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