Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the UK - 2024
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the UK (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the UK (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the UK
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the UK
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the UK (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $35 per unit, increasing by 25% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2019 an increase of 42%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($188 per unit), while the price for the Czech Republic ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), 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 UK (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $208 per unit, increasing by 15% against the previous year. In general, the export price, however, saw a slight slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 44% against the previous year. The export price peaked at $281 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($487 per unit), while the average price for exports to the Czech Republic ($52 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 France (+7.5%), 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 UK
In 2022, imports of electric motors and generators into the UK dropped to 6.4M units, waning by -5.3% compared with the previous year's figure. Overall, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Imports peaked at 7.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electric motors and generators soared to $224M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.6 | 11.6 | 23.5 | 42.8 | 43.1% |
| Germany | 55.9 | 51.6 | 58.9 | 30.8 | -18.0% |
| United States | 19.7 | 17.6 | 17.7 | 26.4 | 10.3% |
| Switzerland | 18.4 | 16.1 | 21.4 | 25.8 | 11.9% |
| Spain | 2.0 | 1.6 | 2.0 | 17.7 | 106.8% |
| France | 31.8 | 17.4 | 17.3 | 11.4 | -29.0% |
| Japan | 7.6 | 3.1 | 1.7 | 8.2 | 2.6% |
| Denmark | 9.8 | 7.1 | 7.2 | 5.3 | -18.5% |
| Slovakia | N/A | N/A | 0.5 | 5.0 | 900.0% |
| Italy | 5.1 | 4.0 | 4.1 | 4.6 | -3.4% |
| Hungary | 0.7 | 0.6 | 1.7 | 4.4 | 84.6% |
| Czech Republic | 3.7 | 3.6 | 2.7 | 3.5 | -1.8% |
| Philippines | N/A | N/A | N/A | 2.9 | 0% |
| Others | 40.1 | 29.5 | 29.5 | 34.6 | -4.8% |
| Total | 210 | 164 | 188 | 224 | 2.2% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to the UK in 2022:
- China (2030.6K units)
- Switzerland (836.1K units)
- Germany (690.2K units)
- Japan (495.2K units)
- Spain (393.4K units)
- France (269.1K units)
- Czech Republic (244.3K units)
- Slovakia (188.8K units)
- Italy (162.8K units)
- Hungary (162.0K units)
- Philippines (140.8K units)
- United States (140.3K units)
- Denmark (140.0K units)
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the UK
In 2022, the amount of electric motors and generators exported from the UK shrank remarkably to 329K units, declining by -22.6% against the year before. Overall, exports continue to indicate a deep setback. The smallest decline of -14.4% was in 2021. The exports peaked at 596K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electric motors and generators contracted to $68M in 2022. Over the period under review, exports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, the exports reached the peak of $77M, and then declined in the following year.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.5 | 25.2 | 23.4 | 17.4 | -10.8% |
| Germany | 5.6 | 5.0 | 8.9 | 13.5 | 34.1% |
| France | 2.1 | 1.8 | 5.6 | 6.7 | 47.2% |
| Spain | 0.9 | 1.2 | 2.1 | 3.0 | 49.4% |
| Italy | 1.2 | 0.5 | 0.8 | 1.6 | 10.1% |
| Taiwan (Chinese) | 0.5 | 1.6 | 2.2 | 1.6 | 47.4% |
| Netherlands | 2.2 | 2.0 | 1.4 | 1.3 | -16.1% |
| Ireland | 1.5 | 2.4 | 1.7 | 1.3 | -4.7% |
| Denmark | 0.8 | 0.7 | 0.8 | 1.1 | 11.2% |
| China | 3.2 | 3.8 | 1.9 | 1.1 | -29.9% |
| Poland | 0.7 | 0.6 | 2.3 | 1.0 | 12.6% |
| Sweden | 4.9 | 0.2 | 1.2 | 0.8 | -45.3% |
| Czech Republic | 0.2 | 0.3 | 0.3 | 0.3 | 14.5% |
| Others | 28.2 | 16.9 | 24.0 | 17.7 | -14.4% |
| Total | 76.5 | 62.3 | 76.6 | 68.4 | -3.7% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from the UK in 2022:
- Germany (104.8K units)
- United States (77.5K units)
- China (13.9K units)
- France (13.7K units)
- Taiwan (Chinese) (11.5K units)
- Ireland (10.6K units)
- Spain (10.6K units)
- Sweden (9.2K units)
- Netherlands (8.2K units)
- Poland (8.2K units)
- Italy (7.5K units)
- Denmark (7.4K units)
- Czech Republic (5.8K units)
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