Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania (FOB) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania (CIF) - 2022
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania (FOB) - 2022
The average export price for electric motors and generators stood at $40,138 per unit in 2022, growing by 85% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2016 an increase of 1,690%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($58,503 per unit), while the average price for exports to Kazakhstan ($4,392 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 Mongolia (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $3,858 per unit, growing by 3,203% against the previous year. Over the period under review, the import price showed a significant expansion. Over the period under review, average import prices reached the peak figure at $9,545 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 the Netherlands ($14,739 per unit), while the price for Sweden amounted to $231 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+32.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania
In 2022, shipments abroad of electric motors and generators was finally on the rise to reach 8 units after two years of decline. In general, exports, however, faced a significant curtailment. Over the period under review, the exports of hit record highs at 25 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electric motors and generators soared to $321K in 2022. Over the period under review, exports, however, continue to indicate a dramatic shrinkage. Over the period under review, the exports of hit record highs at $674K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | N/A | 236 | 0% |
| Ukraine | N/A | N/A | N/A | 58.5 | 0% |
| Russia | 90.5 | 41.1 | 21.7 | 22.6 | -37.0% |
| Kazakhstan | N/A | N/A | N/A | 4.4 | 0% |
| Cote d'Ivoire | 33.0 | N/A | N/A | N/A | 0% |
| Mongolia | 551 | 180 | N/A | N/A | -67.3% |
| Denmark | N/A | 0.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 674 | 222 | 21.7 | 321 | -21.9% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Lithuania in 2022:
- Poland (5.0 units)
- Ukraine (1.0 units)
- Kazakhstan (1.0 units)
- Russia (1.0 units)
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania
In 2022, the amount of electric motors and generators imported into Lithuania reduced notably to 4 units, with a decrease of -91.8% on 2021 figures. Overall, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 23%. Over the period under review, imports of attained the maximum at 105 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electric motors and generators skyrocketed to $15K in 2022. Over the period under review, imports recorded a sharp contraction. Imports peaked at $349K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 14.7 | 0% |
| Sweden | 0.4 | 0.2 | 0.3 | 0.7 | 20.5% |
| Norway | 1.4 | N/A | N/A | N/A | 0% |
| China | N/A | 2.3 | 3.5 | N/A | 52.2% |
| Latvia | N/A | 1.1 | N/A | N/A | 0% |
| Austria | N/A | 126 | N/A | N/A | 0% |
| Italy | 67.2 | N/A | N/A | N/A | 0% |
| Ukraine | 280 | 148 | N/A | N/A | -47.1% |
| Others | N/A | 1.0 | 1.9 | N/A | 90.0% |
| Total | 349 | 278 | 5.7 | 15.4 | -64.7% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Lithuania in 2022:
- Sweden (3.0 units)
- Netherlands (1.0 units)
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