Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Tanzania - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Tanzania (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Tanzania (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Tanzania
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Tanzania
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Tanzania (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $27 per unit, growing by 5.4% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the average import price increased by 17% against the previous year. Over the period under review, average import prices hit record highs at $144 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($60 per unit), while the price for Japan ($8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.9%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Tanzania (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $66 per unit, with an increase of 5.3% against the previous year. In general, the export price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices attained the peak figure at $170 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($116 per unit), while the average price for exports to Uganda ($35 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 Uganda (+27.7%), 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 Tanzania
In 2022, after three years of growth, there was significant decline in purchases abroad of electric motors and generators, when their volume decreased by -24.9% to 15K units. In general, imports, however, saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 457% against the previous year. Over the period under review, imports of attained the peak figure at 20K units in 2021, and then dropped dramatically in the following year.
In value terms, imports of electric motors and generators shrank remarkably to $404K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. Imports peaked at $510K in 2021, and then reduced rapidly in the following year.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 43.2 | 177 | 253 | 191 | 64.1% |
| India | 1.6 | 6.0 | 22.8 | 17.0 | 119.8% |
| South Korea | 0.1 | 0.1 | 7.6 | 16.3 | 446.3% |
| United Arab Emirates | 1.6 | 14.8 | 11.5 | 15.1 | 111.3% |
| Japan | 7.2 | 26.7 | 6.6 | 1.3 | -43.5% |
| Others | 208 | 181 | 209 | 163 | -7.8% |
| Total | 262 | 405 | 510 | 404 | 15.5% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Tanzania in 2022:
- China (12.8K units)
- India (0.4K units)
- United Arab Emirates (0.3K units)
- South Korea (0.3K units)
- Japan (0.2K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Tanzania
In 2022, after two years of decline, there was significant growth in shipments abroad of electric motors and generators, when their volume increased by 434% to 875 units. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors and generators surged to $57K in 2022. Over the period under review, exports continue to indicate 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 Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 14.3 | 11.8 | 4.4 | 20.3 | 12.4% |
| Uganda | 8.5 | 3.3 | 2.8 | 17.6 | 27.5% |
| Zambia | 1.5 | 1.8 | 0.6 | 2.9 | 24.6% |
| Belgium | 2.0 | 1.1 | 0.6 | 2.3 | 4.8% |
| Democratic Republic of the Congo | 0.8 | 2.7 | 0.6 | 1.6 | 26.0% |
| Burundi | 0.3 | 0.5 | N/A | 1.5 | 71.0% |
| Others | 4.1 | 4.9 | 1.2 | 11.3 | 40.2% |
| Total | 31.5 | 26.0 | 10.2 | 57.5 | 22.2% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Tanzania in 2022:
- Uganda (508.0 units)
- Rwanda (213.0 units)
- Belgium (62.0 units)
- Zambia (30.0 units)
- Burundi (18.0 units)
- Democratic Republic of the Congo (17.0 units)
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