Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium (CIF) - 2022
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $1,848 per unit in 2022, remaining constant against the previous year. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the peak figure at $5,086 per unit in 2012; however, from 2013 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 Germany ($6,149 per unit), while the price for China ($1,498 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.3%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium (FOB) - 2022
The average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $5,752 per unit in 2022, growing by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 32%. Over the period under review, the average export prices reached the peak figure at $21,141 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($8,744 per unit), while the average price for exports to Malaysia ($1,069 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 Malaysia (+92.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium
In 2022, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs into Belgium skyrocketed to 275K units, with an increase of 31% compared with 2021. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 87%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs skyrocketed to $508M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +82.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.1 | 29.9 | 106 | 222 | 231.4% |
| Hungary | 241 | 208 | 226 | 218 | -3.3% |
| Brazil | 12.7 | 11.0 | 15.0 | 19.2 | 14.8% |
| Others | 36.3 | 31.0 | 43.0 | 49.4 | 10.8% |
| Total | 296 | 279 | 390 | 508 | 19.7% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Belgium in 2022:
- China (148.3K units)
- Hungary (113.8K units)
- Brazil (5.3K units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium
In 2022, overseas shipments of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -14.5% to 9.8K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 149%. As a result, the exports reached the peak of 11K units, and then contracted in the following year.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs reduced to $56M in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 89%. Over the period under review, the exports of hit record highs at $59M in 2021, and then dropped slightly in the following year.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.4 | 2.4 | 5.6 | 7.9 | 13.5% |
| France | 3.2 | 3.3 | 5.7 | 6.5 | 26.6% |
| United States | 1.9 | 5.1 | 9.7 | 5.1 | 39.0% |
| Turkey | 0.3 | 0.5 | 1.6 | 5.0 | 155.4% |
| China | 0.9 | 5.3 | 10.5 | 4.0 | 64.4% |
| Germany | 0.8 | 2.4 | 2.0 | 3.7 | 66.6% |
| India | 0.3 | 0.5 | 1.2 | 3.4 | 124.6% |
| Serbia | 0.2 | 0.4 | 1.3 | 2.0 | 115.4% |
| Sweden | 0.3 | 0.4 | 0.5 | 1.8 | 81.7% |
| Italy | 0.2 | 0.1 | 1.3 | 1.1 | 76.5% |
| Malaysia | 0.1 | 1.2 | 5.7 | 1.0 | 115.4% |
| Others | 6.7 | 17.2 | 13.6 | 14.8 | 30.2% |
| Total | 20.5 | 38.8 | 58.8 | 56.4 | 40.1% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Belgium in 2022:
- Netherlands (1186.0 units)
- Germany (1125.0 units)
- France (1055.0 units)
- Malaysia (918.0 units)
- Turkey (896.0 units)
- United States (805.0 units)
- India (698.0 units)
- China (463.0 units)
- Italy (301.0 units)
- Sweden (284.0 units)
- Serbia (258.0 units)
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This report provides an in-depth analysis of the ac/dc motor market in Belgium.
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This report provides an in-depth analysis of the dc motor market in Belgium.
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This report provides an in-depth analysis of the global ac/dc motor market.
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This report provides an in-depth analysis of the global dc motor market.
502
This report provides an in-depth analysis of the ac/dc motor market in Belgium.
495
This report provides an in-depth analysis of the dc motor market in Belgium.
1373
This report provides an in-depth analysis of the global ac/dc motor market.
1053
This report provides an in-depth analysis of the global dc motor market.
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China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
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In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
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China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
1275
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
82
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
808
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1201
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
