Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iraq - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iraq (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iraq (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iraq
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iraq
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iraq (CIF) - 2022
The average import price for electric motors and generators stood at $23,128 per unit in 2022, declining by -56.3% against the previous year. Over the period under review, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2019 when the average import price increased by 110%. Over the period under review, average import prices hit record highs at $86,272 per unit in 2020; however, from 2021 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 Turkey ($69,998 per unit), while the price for Germany ($1,398 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+416.4%), 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 Iraq (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $3,815 per unit, surging by 46% against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 318% against the previous year. Over the period under review, the average export prices reached the maximum at $17,910 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -11.0% per year.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iraq
In 2022, overseas purchases of electric motors and generators decreased by -46.2% to 14 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 117%. As a result, imports attained the peak of 26 units, and then shrank notably in the following year.
In value terms, imports of electric motors and generators shrank remarkably to $324K in 2022. Overall, imports showed a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 61% against the previous year. Imports peaked at $1.4M in 2021, and then dropped sharply in the following year.
Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 165 | 44.5 | 251 | 140 | -5.3% |
Netherlands | 3.7 | 4.6 | 31.3 | 77.8 | 176.0% |
China | 190 | 138 | 758 | 46.0 | -37.7% |
Italy | 65.6 | 105 | 56.1 | 30.7 | -22.4% |
Kuwait | 10.8 | 16.0 | 8.9 | 10.8 | 0.0% |
India | 3.6 | 6.5 | 4.4 | 6.6 | 22.4% |
United Kingdom | 1.2 | 40.3 | 15.5 | 4.4 | 54.2% |
United States | 180 | 669 | 234 | 3.3 | -73.6% |
United Arab Emirates | 8.7 | 8.9 | 1.9 | 2.7 | -32.3% |
Germany | 1.1 | 1.3 | 0.5 | 1.4 | 8.4% |
France | 12.0 | N/A | N/A | N/A | 0% |
Others | N/A | 0.2 | 13.5 | N/A | 6650.0% |
Total | 641 | 1,035 | 1,375 | 324 | -20.3% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Iraq in 2022:
- Netherlands (3.0 units)
- Turkey (2.0 units)
- India (2.0 units)
- United States (1.0 units)
- Italy (1.0 units)
- United Arab Emirates (1.0 units)
- United Kingdom (1.0 units)
- Germany (1.0 units)
- Kuwait (1.0 units)
- China (1.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Iraq
In 2022, shipments abroad of electric motors and generators decreased by 0% to 1 units, falling for the second consecutive year after two years of growth. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 100%. As a result, the exports attained the peak of 2 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of electric motors and generators skyrocketed to $3.8K in 2022. In general, exports continue to indicate a deep setback. Over the period under review, the exports of reached the maximum at $4.5K 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 Iraq (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 4.5 | 1.5 | 2.6 | 3.8 | -5.5% |
Iran | N/A | 0.3 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.5 | 1.8 | 2.6 | 3.8 | -5.5% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Iraq in 2022:
- Turkey (1.0 units)
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