Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Ecuador - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Ecuador (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Ecuador (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Ecuador
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Ecuador
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Ecuador (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $42 per unit, with an increase of 77% against the previous year. Overall, the import price, however, saw a mild downturn. The most prominent rate of growth was recorded in 2013 an increase of 105%. As a result, import price reached the peak level of $106 per unit. From 2014 to 2022, the average import prices remained 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 Germany ($291 per unit), while the price for China ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.1%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $831 per unit, waning by -53.2% against the previous year. Over the period under review, the export price, however, enjoyed a tangible increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 184% against the previous year. As a result, the export price attained the peak level of $1,776 per unit, and then declined significantly in the following year.
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 Colombia ($2,518 per unit), while the average price for exports to Venezuela ($1 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 Belgium (+47.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Ecuador
In 2022, imports of electric motors and generators into Ecuador plummeted to 54K units, waning by -59.2% on 2021. Over the period under review, imports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 11%. Over the period under review, imports of hit record highs at 287K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electric motors and generators declined notably to $2.3M in 2022. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. Imports peaked at $4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,264 | 1,072 | 1,943 | 1,075 | -5.3% |
| Germany | 165 | 134 | 129 | 266 | 17.3% |
| United States | 240 | 281 | 358 | 227 | -1.8% |
| Brazil | 1,626 | 16.8 | 24.9 | 24.0 | -75.5% |
| Taiwan (Chinese) | 48.5 | 9.1 | 14.4 | 10.6 | -39.8% |
| Others | 660 | 567 | 700 | 682 | 1.1% |
| Total | 4,004 | 2,080 | 3,169 | 2,285 | -17.1% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Ecuador in 2022:
- China (47.8K units)
- United States (1.6K units)
- Germany (0.9K units)
- Brazil (0.8K units)
- Taiwan (Chinese) (0.4K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Ecuador
In 2022, approx. 59 units of electric motors and generators were exported from Ecuador; reducing by -75.5% on the year before. Overall, exports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 277% against the previous year. As a result, the exports reached the peak of 241 units, and then contracted rapidly in the following year.
In value terms, exports of electric motors and generators shrank remarkably to $49K in 2022. In general, exports recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 969% against the previous year. As a result, the exports reached the peak of $428K, and then shrank rapidly in the following year.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 0.1 | 0.1 | 79.2 | 15.1 | 432.5% |
| Peru | 1.2 | 14.3 | 20.9 | 12.3 | 117.2% |
| United States | 0.8 | 10.7 | 48.3 | 11.6 | 143.8% |
| Netherlands | 1.4 | 1.6 | 8.5 | 4.6 | 48.7% |
| Estonia | 3.1 | 1.6 | 3.9 | 0.4 | -49.5% |
| Canada | 1.6 | 0.7 | 1.6 | 0.1 | -60.3% |
| Cuba | 0.2 | 0.1 | 0.5 | 0.1 | -20.6% |
| Germany | 0.9 | 0.3 | 0.3 | 0.1 | -51.9% |
| Venezuela | N/A | N/A | N/A | N/A | 0% |
| Bolivia | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Dominican Republic | 0.1 | 0.1 | 0.3 | N/A | 73.2% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Brazil | 0.3 | 0.2 | 0.4 | N/A | 15.5% |
| Others | 114 | 10.4 | 264 | 4.7 | -65.5% |
| Total | 124 | 40.0 | 428 | 49.0 | -26.6% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Ecuador in 2022:
- Peru (22.0 units)
- Colombia (6.0 units)
- United States (5.0 units)
- Netherlands (2.0 units)
- Canada (1.0 units)
- Brazil (1.0 units)
- Estonia (1.0 units)
- Cuba (1.0 units)
- Germany (1.0 units)
- Belgium (1.0 units)
- Dominican Republic (1.0 units)
- Bolivia (1.0 units)
- Venezuela (1.0 units)
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Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
892
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...
1222
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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