Price for Electric Motors; of an Output Not Exceeding 37.5W in Tunisia - 2022

Contents:

  1. Price for Electric Motors; of an Output Not Exceeding 37.5W in Tunisia (CIF) - 2022
  2. Price for Electric Motors; of an Output Not Exceeding 37.5W in Tunisia (FOB) - 2022
  3. Imports of Electric Motors; of an Output Not Exceeding 37.5W in Tunisia
  4. Exports of Electric Motors; of an Output Not Exceeding 37.5W in Tunisia

Price for Electric Motors; of an Output Not Exceeding 37.5W in Tunisia (CIF) - 2022

In 2022, the average import price for electric motors amounted to $1.7 per unit, approximately mirroring the previous year. Overall, the import price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2016 an increase of 34% against the previous year. Over the period under review, average import prices reached the maximum at $3.7 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($3.8 per unit), while the price for Italy ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-9.9%), while the prices for the other major suppliers experienced a decline.

Price for Electric Motors; of an Output Not Exceeding 37.5W in Tunisia (FOB) - 2022

The average export price for electric motors stood at $25 per unit in 2022, shrinking by -21.4% against the previous year. Overall, the export price, however, recorded a tangible increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 64% against the previous year. The export price peaked at $32 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($63 per unit), while the average price for exports to Serbia ($13 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 India (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors; of an Output Not Exceeding 37.5W in Tunisia

After three years of growth, purchases abroad of electric motors decreased by -6.3% to 5.6M units in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +69.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. Over the period under review, imports of reached the maximum at 6M units in 2021, and then shrank in the following year.

In value terms, imports of electric motors declined to $9.6M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. Over the period under review, imports of reached the peak figure at $10M in 2021, and then declined in the following year.

Import of Electric Motors; of an Output Not Exceeding 37.5W in Tunisia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.70.53.94.1-10.4%
Italy2.24.44.63.415.6%
Switzerland0.10.20.40.791.3%
Germany0.10.20.30.571.0%
France0.13.80.30.226.0%
Others0.40.40.70.720.5%
Total8.69.610.29.63.7%

Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Tunisia in 2022:

  1. Italy (2867.1K units)
  2. China (2016.0K units)
  3. Switzerland (320.9K units)
  4. Germany (168.9K units)
  5. France (64.6K units)

Exports of Electric Motors; of an Output Not Exceeding 37.5W in Tunisia

In 2022, overseas shipments of electric motors increased by 6.6% to 22K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp reduction. The exports peaked at 275K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of electric motors shrank significantly to $546K in 2022. In general, exports, however, continue to indicate a significant contraction. The pace of growth was the most pronounced in 2020 when exports increased by 40% against the previous year. As a result, the exports attained the peak of $7.8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Electric Motors; of an Output Not Exceeding 37.5W in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia18138695.4130-10.4%
Italy49186.6110112-38.9%
Kuwait6.311.46.151.7101.7%
Mexico1313,45223923.5-43.6%
India42.631.69.221.4-20.5%
Russia57.163.37.29.9-44.2%
Hungary0.944.94.23.151.0%
United States4,1322,2040.60.6-94.7%
Others5291,522181194-28.4%
Total5,5727,802652546-53.9%

Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Tunisia in 2022:

  1. Serbia (10.0K units)
  2. Italy (8.0K units)
  3. Kuwait (1.0K units)
  4. Russia (0.6K units)
  5. Mexico (0.4K units)
  6. India (0.3K units)
  7. Hungary (0.2K units)

Source: IndexBox Market Intelligence Platform

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