Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iran - 2022

Contents:

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

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

The average import price for electric motors and generators stood at $26,990 per unit in 2022, dropping by -26.3% against the previous year. In general, import price indicated moderate growth 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. The pace of growth was the most pronounced in 2013 when the average import price increased by 68% against the previous year. The import price peaked at $38,183 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 India ($173,763 per unit), while the price for Germany ($11,835 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+41.0%), 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 Iran (FOB) - 2022

The average export price for electric motors and generators stood at $522 per unit in 2021, with a decrease of -22.4% against the previous year. In general, the export price recorded a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 279% against the previous year. As a result, the export price reached the peak level of $3,973 per unit. From 2017 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Azerbaijan.

From 2012 to 2021, the rate of growth in terms of prices for Azerbaijan amounted to -22.4% per year.

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

In 2022, overseas purchases of electric motors and generators decreased by -39.5% to 69 units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 635% against the previous year. As a result, imports attained the peak of 191 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of electric motors and generators fell significantly to $1.9M in 2022. Overall, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 817% against the previous year. As a result, imports reached the peak of $5.8M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey35.6726381500141.3%
United Arab Emirates13316418729730.7%
France36.837739128698.1%
Netherlands27.4293318242106.7%
China3103,3631,734129-25.3%
Austria20.318016110271.3%
GermanyN/A16451711.8-73.2%
Others68.653248429562.6%
Total6325,7994,1741,86243.4%

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

  1. Turkey (28.0 units)
  2. France (10.0 units)
  3. Netherlands (9.0 units)
  4. United Arab Emirates (6.0 units)
  5. China (5.0 units)
  6. Austria (4.0 units)
  7. Germany (1.0 units)

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

Exports of electric motors and generators from Iran reduced rapidly to 2 units in 2021, waning by -71.4% on the year before. Overall, exports recorded a precipitous curtailment. Over the period under review, the exports of reached the maximum at 7 units in 2020, and then dropped sharply in the following year.

In value terms, exports of electric motors and generators reduced sharply to $1K in 2021. In general, exports showed a precipitous slump. Over the period under review, the exports of reached the peak figure at $4.7K in 2020, and then reduced notably in the following year.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iran (Thousand USD)
COUNTRY20202021CAGR,
2020-2021
Azerbaijan4.71.0-78.7%
OthersN/AN/A0%
Total4.71.0-78.7%

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

  1. Azerbaijan (2.0 units)

Source: IndexBox Market Intelligence Platform

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