Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria
  4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $39 per unit, with an increase of 26% against the previous year. Over the period under review, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electric motors and generators increased by +47.8% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 48%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($231 per unit), while the price for China ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $412 per unit, surging by 87% against the previous year. Over the period under review, the export price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2016 an increase of 1,940% against the previous year. Over the period under review, the average export prices hit record highs at $513 per unit in 2017; however, from 2018 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 South Africa ($8,455 per unit), while the average price for exports to the Czech Republic ($89 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 Germany (+227.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria

In 2022, the amount of electric motors and generators imported into Algeria soared to 140K units, with an increase of 29% against the previous year's figure. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 164%. As a result, imports attained the peak of 271K 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 skyrocketed to $5.4M in 2022. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 107% against the previous year. As a result, imports attained the peak of $7.1M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5163,6289091,54244.0%
France16410811968961.4%
Czech Republic9.8288483645303.7%
United Kingdom54.4114181560117.5%
Italy1,4851,981657500-30.4%
Germany31732126243110.8%
Spain420216144201-21.8%
Others47445957986822.3%
Total3,4427,1143,3345,43616.5%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Algeria in 2022:

  1. China (94.9K units)
  2. Italy (16.2K units)
  3. Czech Republic (10.1K units)
  4. France (6.6K units)
  5. Spain (4.3K units)
  6. Germany (2.6K units)
  7. United Kingdom (2.4K units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria

In 2022, after two years of decline, there was significant growth in shipments abroad of electric motors and generators, when their volume increased by 1,975% to 83 units. Over the period under review, exports continue to indicate 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 surged to $34K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/AN/AN/A16.90%
SwitzerlandN/AN/AN/A14.30%
France2.53.80.72.72.6%
Czech Republic0.50.80.20.1-41.5%
Dominican Republic1.5N/AN/AN/A0%
Germany3.9N/AN/AN/A0%
OthersN/AN/AN/A0.20%
Total8.44.60.934.259.7%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Algeria in 2022:

  1. Switzerland (77.0 units)
  2. France (2.0 units)
  3. South Africa (2.0 units)
  4. Czech Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

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