Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Czech Republic - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Czech Republic (CIF) - 2023
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Czech Republic (FOB) - 2023
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Czech Republic
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Czech Republic
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Czech Republic (CIF) - 2023
In December 2023, the average import price for electric motors and generators amounted to $14.3 per unit, with an increase of 22% against the previous month. In general, the import price, however, continues to indicate a slight contraction. Over the period under review, average import prices hit record highs at $18.0 per unit in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($42.8 per unit), while the price for Austria ($3.5 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 Serbia (+1.7%), 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 the Czech Republic (FOB) - 2023
In December 2023, the average export price for electric motors and generators amounted to $21.7 per unit, remaining constant against the previous month. In general, the export price saw a mild expansion. The most prominent rate of growth was recorded in July 2023 an increase of 16% m-o-m. As a result, the export price attained the peak level of $23.7 per unit. From August 2023 to December 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Belgium ($37.6 per unit), while the average price for exports to Spain ($12.0 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 Sweden (+8.3%), 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 the Czech Republic
In 2022, the amount of electric motors and generators imported into the Czech Republic shrank to 27M units, declining by -8.9% against the year before. In general, imports recorded a perceptible shrinkage. The smallest decline of -0.7% was in 2021. Imports peaked at 31M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electric motors and generators rose modestly to $426M in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 106 | 165 | 177 | 180 | 19.3% |
| China | 75.2 | 47.3 | 63.8 | 68.4 | -3.1% |
| Japan | 46.9 | 53.8 | 62.3 | 62.4 | 10.0% |
| South Korea | 7.9 | 6.9 | 10.2 | 13.4 | 19.3% |
| Austria | 1.6 | 5.3 | 6.0 | 9.6 | 81.7% |
| Romania | 6.6 | 10.2 | 11.5 | 9.2 | 11.7% |
| Italy | 8.8 | 7.9 | 9.3 | 8.7 | -0.4% |
| Hong Kong SAR | 11.0 | 1.1 | 2.8 | N/A | -49.5% |
| Others | 80.3 | 55.4 | 64.8 | 73.9 | -2.7% |
| Total | 345 | 353 | 408 | 426 | 7.3% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to the Czech Republic in 2022:
- Germany (15.2M units)
- China (2.7M units)
- Austria (2.2M units)
- Japan (2.1M units)
- South Korea (1.5M units)
- Romania (0.8M units)
- Italy (0.5M units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Czech Republic
Exports of electric motors and generators from the Czech Republic declined to 8.6M units in 2022, falling by -10.9% against 2021 figures. Overall, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 22%. The exports peaked at 11M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of electric motors and generators dropped to $148M in 2022. Over the period under review, exports recorded a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 32%. The exports peaked at $173M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 42.9 | 29.9 | 49.0 | 43.3 | 0.3% |
| Slovakia | 14.6 | 16.0 | 17.0 | 17.4 | 6.0% |
| United Kingdom | 3.7 | 3.6 | 15.1 | 11.9 | 47.6% |
| Netherlands | 1.1 | 1.6 | 7.2 | 10.2 | 110.1% |
| Belgium | 6.6 | 6.8 | 8.0 | 9.1 | 11.3% |
| Spain | 8.2 | 7.1 | 8.4 | 9.0 | 3.2% |
| Poland | 6.3 | 5.9 | 6.7 | 8.4 | 10.1% |
| France | 11.9 | 8.1 | 8.7 | 7.4 | -14.6% |
| Hungary | 10.4 | 9.6 | 6.4 | 5.0 | -21.7% |
| Turkey | 4.4 | 3.8 | 3.4 | 3.1 | -11.0% |
| Russia | 10.9 | 15.4 | 15.2 | 3.0 | -35.0% |
| China | 4.3 | 0.6 | 1.8 | 2.6 | -15.4% |
| Brazil | 4.5 | 2.3 | 2.3 | 1.9 | -25.0% |
| Others | 43.2 | 16.4 | 18.3 | 15.8 | -28.5% |
| Total | 173 | 127 | 168 | 148 | -5.1% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from the Czech Republic in 2022:
- Germany (2393.8K units)
- Slovakia (1100.9K units)
- Spain (893.5K units)
- United Kingdom (851.6K units)
- Poland (601.7K units)
- France (409.8K units)
- Hungary (368.9K units)
- Netherlands (351.7K units)
- Turkey (306.0K units)
- Belgium (286.1K units)
- Russia (206.5K units)
- China (205.0K units)
- Brazil (131.3K units)
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