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

Contents:

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

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

In 2022, the average import price for electric motors and generators amounted to $7,645 per unit, picking up by 64% against the previous year. Over the period under review, the import price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2018 an increase of 412%. The import price peaked at $31,325 per unit in 2015; however, from 2016 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 ($67,772 per unit), while the price for Japan ($1,057 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.4%), 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 Ireland (FOB) - 2022

The average export price for electric motors and generators stood at $20,706 per unit in 2022, reducing by -65.6% against the previous year. Over the period under review, the export price, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of 5,529%. The export price peaked at $63,713 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 New Zealand ($53,088 per unit), while the average price for exports to the UK totaled $11,740 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+245.0%), 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 Ireland

In 2022, overseas purchases of electric motors and generators decreased by -72.1% to 39 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 352% against the previous year. As a result, imports attained the peak of 140 units, and then contracted rapidly in the following year.

In value terms, imports of electric motors and generators declined dramatically to $298K in 2022. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 86%. As a result, imports attained the peak of $750K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany289500170136-22.2%
United Kingdom78.018423995.36.9%
United StatesN/A0.412331.1781.8%
China0.313.4N/A10.8230.2%
Belgium12.424.315.89.6-8.2%
Netherlands0.913.41008.1108.0%
SwitzerlandN/AN/AN/A4.00%
SingaporeN/AN/AN/A1.80%
Japan0.613.9N/A1.122.4%
Others22.2N/A3.90.7-68.4%
Total403750652298-9.6%

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

  1. United States (19.0 units)
  2. United Kingdom (7.0 units)
  3. Netherlands (2.0 units)
  4. Switzerland (2.0 units)
  5. Germany (2.0 units)
  6. Singapore (1.0 units)
  7. Japan (1.0 units)
  8. China (1.0 units)
  9. Belgium (1.0 units)

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

After two years of decline, overseas shipments of electric motors and generators decreased by -38.5% to 8 units in 2022. Overall, exports, however, showed significant growth. The exports peaked at 13 units in 2021, and then dropped notably in the following year.

In value terms, exports of electric motors and generators reduced dramatically to $166K in 2022. Over the period under review, exports, however, posted a significant expansion. The exports peaked at $782K in 2021, and then declined rapidly in the following year.

Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New ZealandN/AN/AN/A1060%
United Kingdom0.6N/A44758.7360.8%
South AfricaN/AN/A335N/A0%
OthersN/AN/AN/A0.80%
Total0.6N/A782166551.6%

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

  1. United Kingdom (5.0 units)
  2. New Zealand (2.0 units)

Source: IndexBox Market Intelligence Platform

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