Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovenia - 2023

Contents:

1. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovenia (CIF) - 2023
2. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovenia (FOB) - 2023
3. Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovenia
4. Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovenia

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovenia (CIF) - 2023

The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $4,194 per unit in October 2023, surging by 24% against the previous month. Over the period under review, the import price, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 45% against the previous month. Over the period under review, average import prices attained the maximum at $14,368 per unit in May 2023; afterwards, it flattened through to October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Serbia ($84,677 per unit), while the price for China ($486 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Serbia (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovenia (FOB) - 2023

In October 2023, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $80,694 per unit, rising by 2,068% against the previous month. In general, the export price showed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($160K per unit), while the average price for exports to Turkey ($34,924 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovenia

In 2022, after three years of growth, there was significant decline in supplies from abroad of electric motors; AC motors, multi-phase, of an output exceeding 75kWs, when their volume decreased by -64.8% to 450 units. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 278% against the previous year. As a result, imports attained the peak of 1.3K units, and then shrank remarkably in the following year.

In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs declined markedly to $4M in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 123%. As a result, imports attained the peak of $7.9M, and then contracted rapidly in the following year.

Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Slovenia in 2022:

1. Czech Republic (89.0 units)
2. China (78.0 units)
3. Brazil (62.0 units)
4. Germany (50.0 units)
5. Netherlands (34.0 units)
6. Austria (31.0 units)
7. Portugal (21.0 units)
8. Denmark (20.0 units)
9. Serbia (20.0 units)
10. Italy (14.0 units)
11. South Korea (11.0 units)
12. Hungary (8.0 units)

Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Slovenia

For the fourth year in a row, Slovenia recorded growth in overseas shipments of electric motors; AC motors, multi-phase, of an output exceeding 75kWs, which increased by 6.3% to 322 units in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 62% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs skyrocketed to $3.8M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 53%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Slovenia in 2022:

1. Germany (85.0 units)
2. Slovakia (50.0 units)
3. Egypt (36.0 units)
4. Serbia (33.0 units)
5. Russia (18.0 units)
6. Bosnia and Herzegovina (15.0 units)
7. Italy (14.0 units)
8. Croatia (11.0 units)
9. Poland (8.0 units)
10. United Arab Emirates (7.0 units)
11. Ukraine (6.0 units)
12. Turkey (6.0 units)
13. Hungary (6.0 units)

Source: IndexBox Market Intelligence Platform