Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Poland - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Poland (CIF) - 2023
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Poland (FOB) - 2023
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Poland
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Poland
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Poland (CIF) - 2023
The average import price for electric motors and generators stood at $16.4 per unit in December 2023, picking up by 14% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 31% against the previous month. Over the period under review, average import prices reached the maximum at $18.0 per unit in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Taiwan (Chinese) ($33.5 per unit), while the price for China ($5.4 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), 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 Poland (FOB) - 2023
In December 2023, the average export price for electric motors and generators amounted to $13.0 per unit, with a decrease of -5.4% against the previous month. Overall, the export price recorded a noticeable curtailment. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 8.9% against the previous month. The export price peaked at $16.9 per unit in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2023, the country with the highest price was Morocco ($64.1 per unit), while the average price for exports to South Africa ($8.8 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 the United States (+3.8%), 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 Poland
In 2022, the amount of electric motors and generators imported into Poland was estimated at 23M units, with an increase of 10% against the previous year's figure. The total import volume increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of electric motors and generators totaled $442M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 44% against the previous year. Over the period under review, imports of reached the peak figure 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 Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 73.6 | 74.4 | 109 | 119 | 17.4% |
| China | 73.9 | 59.3 | 81.7 | 93.4 | 8.1% |
| Italy | 13.4 | 23.5 | 64.7 | 70.6 | 74.0% |
| Slovenia | 24.4 | 20.8 | 26.5 | 29.9 | 7.0% |
| Taiwan (Chinese) | 38.1 | 23.7 | 35.7 | 27.5 | -10.3% |
| Romania | 0.5 | 0.1 | 6.6 | 18.7 | 234.4% |
| Slovakia | 13.0 | 10.7 | 14.6 | 15.3 | 5.6% |
| France | 14.6 | 11.3 | 12.2 | 8.0 | -18.2% |
| Others | 69.2 | 61.7 | 58.9 | 59.5 | -4.9% |
| Total | 321 | 285 | 410 | 442 | 11.3% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Poland in 2022:
- China (9.7M units)
- Germany (4.3M units)
- Italy (2.9M units)
- Slovenia (1.3M units)
- Romania (1.1M units)
- Slovakia (0.8M units)
- Taiwan (Chinese) (0.7M units)
- France (0.6M units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Poland
In 2022, the amount of electric motors and generators exported from Poland dropped to 18M units, declining by -5.4% compared with the previous year's figure. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 3.9%. Over the period under review, the exports of reached the maximum at 22M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electric motors and generators contracted modestly to $255M in 2022. In general, exports showed a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. Over the period under review, the exports of reached the peak figure at $278M 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 Not Exceeding 750W in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 97.3 | 72.3 | 80.9 | 84.4 | -4.6% |
| Romania | 35.7 | 29.8 | 31.7 | 25.3 | -10.8% |
| United States | 11.7 | 11.9 | 14.7 | 16.8 | 12.8% |
| France | 20.0 | 16.6 | 15.0 | 13.3 | -12.7% |
| Turkey | 9.3 | 9.3 | 11.6 | 12.5 | 10.4% |
| Hungary | 9.2 | 8.4 | 11.6 | 10.8 | 5.5% |
| Slovakia | 10.2 | 9.5 | 11.0 | 10.2 | 0.0% |
| Italy | 11.4 | 11.0 | 10.4 | 9.6 | -5.6% |
| China | 11.2 | 10.4 | 9.5 | 6.1 | -18.3% |
| Czech Republic | 3.7 | 5.0 | 4.8 | 4.9 | 9.8% |
| Spain | 5.4 | 5.0 | 4.2 | 3.8 | -11.1% |
| Mexico | 6.5 | 3.1 | 2.5 | 2.2 | -30.3% |
| Russia | 4.5 | 3.9 | 5.9 | 1.3 | -33.9% |
| Others | 41.9 | 41.9 | 53.9 | 54.1 | 8.9% |
| Total | 278 | 238 | 268 | 255 | -2.8% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Poland in 2022:
- Germany (5.1M units)
- Romania (4.1M units)
- Hungary (1.5M units)
- Slovakia (1.1M units)
- Turkey (1.0M units)
- United States (1.0M units)
- Italy (0.4M units)
- Czech Republic (0.4M units)
- France (0.4M units)
- China (0.4M units)
- Spain (0.4M units)
- Mexico (0.2M units)
- Russia (0.1M units)
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