Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Italy - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Italy (CIF) - 2023
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Italy (FOB) - 2023
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Italy
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Italy
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Italy (CIF) - 2023
The average import price for electric motors and generators stood at $34.7 per unit in December 2023, picking up by 87% against the previous month. Overall, the import price continues to indicate a measured expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Serbia ($44.4 per unit), while the price for China totaled $21.4 per unit.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Italy (FOB) - 2023
In December 2023, the average export price for electric motors and generators amounted to $29.9 per unit, increasing by 6.6% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in April 2023 when the average export price increased by 21% month-to-month. The export price peaked in December 2023.
Prices varied noticeably by the country of destination: the country with the highest price was China ($32.0 per unit), while the average price for exports to Brazil ($12.8 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+4.0%), 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 Italy
Imports of electric motors and generators into Italy declined sharply to 13M units in 2022, which is down by -27.4% against the year before. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. Imports peaked at 20M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electric motors and generators expanded rapidly to $311M in 2022. The total import value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 21% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 124 | 115 | 141 | 124 | 0.0% |
| Germany | 43.3 | 38.1 | 54.9 | 64.8 | 14.4% |
| Serbia | 26.9 | 27.2 | 24.6 | 24.2 | -3.5% |
| Poland | 9.7 | 9.4 | 6.0 | 9.2 | -1.7% |
| Netherlands | 2.0 | 3.9 | 2.5 | 7.2 | 53.3% |
| Slovenia | 2.2 | 2.1 | 3.0 | 3.0 | 10.9% |
| Spain | 0.8 | 0.5 | 0.8 | 2.8 | 51.8% |
| Others | 45.1 | 44.9 | 59.3 | 75.6 | 18.8% |
| Total | 254 | 242 | 292 | 311 | 7.0% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Italy in 2022:
- China (6.2M units)
- Germany (3.6M units)
- Serbia (0.7M units)
- Netherlands (0.5M units)
- Slovenia (0.4M units)
- Poland (0.3M units)
- Spain (0.2M units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Italy
In 2022, exports of electric motors and generators from Italy expanded rapidly to 12M units, rising by 7.1% compared with 2021 figures. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 65% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of electric motors and generators reached $302M in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 86% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.9 | 26.3 | 42.1 | 46.5 | 40.1% |
| Poland | 5.7 | 6.9 | 41.4 | 38.2 | 88.5% |
| Germany | 29.2 | 28.3 | 35.2 | 35.8 | 7.0% |
| Slovakia | 1.3 | 1.1 | 15.1 | 27.4 | 176.2% |
| China | 2.0 | 1.9 | 9.6 | 14.6 | 94.0% |
| France | 11.1 | 9.7 | 12.5 | 13.7 | 7.3% |
| Czech Republic | 1.8 | 1.7 | 5.3 | 12.8 | 92.3% |
| Spain | 4.7 | 4.5 | 9.9 | 11.1 | 33.2% |
| Denmark | 7.3 | 7.3 | 10.6 | 10.8 | 13.9% |
| Brazil | 3.2 | 2.7 | 8.1 | 7.6 | 33.4% |
| Netherlands | 5.5 | 5.2 | 7.4 | 7.2 | 9.4% |
| Turkey | 1.3 | 1.5 | 3.4 | 6.0 | 66.5% |
| Morocco | 0.2 | 0.1 | 1.7 | 4.0 | 171.4% |
| Others | 49.5 | 46.1 | 63.7 | 66.1 | 10.1% |
| Total | 140 | 143 | 266 | 302 | 29.2% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Italy in 2022:
- United States (2372.4K units)
- Germany (1340.3K units)
- Poland (1193.7K units)
- Denmark (1192.4K units)
- Brazil (761.4K units)
- Slovakia (735.4K units)
- Turkey (655.5K units)
- Czech Republic (452.2K units)
- Morocco (398.5K units)
- China (361.5K units)
- France (331.5K units)
- Spain (307.5K units)
- Netherlands (261.9K 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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