Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in South Africa - 2024
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in South Africa (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in South Africa (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in South Africa
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in South Africa
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in South Africa (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $390 per unit, dropping by -60.5% against the previous year. Overall, the import price faced a sharp curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 275%. The import price peaked at $5,589 per unit in 2015; however, from 2016 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 China ($13,612 per unit), while the price for Germany ($150 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in South Africa (FOB) - 2022
The average export price for electric motors and generators stood at $2,416 per unit in 2022, dropping by -55.4% against the previous year. In general, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 70%. As a result, the export price reached the peak level of $11,872 per unit. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($33,851 per unit), while the average price for exports to Serbia ($178 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 Swaziland (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in South Africa
In 2022, purchases abroad of electric motors and generators decreased by -47.7% to 11K units, falling for the second year in a row after two years of growth. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,100% against the previous year. As a result, imports attained the peak of 36K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of electric motors and generators fell rapidly to $4.4M in 2022. Overall, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 4,397%. As a result, imports attained the peak of $126M. 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 South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.5 | 0.1 | 2.7 | 1.7 | 50.4% |
| China | 0.2 | 112 | 8.4 | 0.8 | 58.7% |
| Namibia | 0.2 | N/A | 0.2 | 0.3 | 14.5% |
| United States | 0.6 | 5.0 | 5.0 | N/A | 188.7% |
| Others | 1.3 | 9.5 | 5.4 | 1.7 | 9.4% |
| Total | 2.8 | 126 | 21.6 | 4.4 | 16.3% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to South Africa in 2022:
- Germany (11.0K units)
- Namibia (0.2K units)
- China (0.1K units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in South Africa
In 2022, the amount of electric motors and generators exported from South Africa skyrocketed to 1.2K units, rising by 126% against the year before. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors and generators stood at $2.9M in 2022. In general, total exports indicated a noticeable expansion from 2019 to 2022: its value increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -29.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year. As a result, the exports attained the peak of $4.2M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 913 | 458 | 309 | 1,281 | 12.0% |
| Namibia | 109 | 342 | 346 | 382 | 51.9% |
| Serbia | N/A | N/A | N/A | 143 | 0% |
| Seychelles | 10.7 | 15.7 | 8.8 | 49.2 | 66.3% |
| Swaziland | 19.8 | 79.9 | 136 | 48.5 | 34.8% |
| Mozambique | 725 | 632 | 431 | 26.6 | -66.8% |
| Ghana | 7.0 | 2.9 | 345 | N/A | 602.0% |
| Others | 984 | 2,673 | 1,356 | 1,019 | 1.2% |
| Total | 2,768 | 4,204 | 2,933 | 2,950 | 2.1% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from South Africa in 2022:
- Serbia (799.0 units)
- Namibia (145.0 units)
- Seychelles (102.0 units)
- Zambia (70.0 units)
- Swaziland (20.0 units)
- Mozambique (4.0 units)
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
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In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
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China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
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