Price for Electric Motors; AC Motors, Single-Phase in Japan - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Japan (CIF) - 2022
- Price for Electric Motors; AC Motors, Single-Phase in Japan (FOB) - 2022
- Imports of Electric Motors; AC Motors, Single-Phase in Japan
- Exports of Electric Motors; AC Motors, Single-Phase in Japan
Price for Electric Motors; AC Motors, Single-Phase in Japan (CIF) - 2022
The average import price for electric motors; AC motors, single-phases stood at $56 per unit in 2022, picking up by 33% against the previous year. Over the last decade, it increased at an average annual rate of +4.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hungary ($56 per unit) and Thailand ($56 per unit), while the price for France ($56 per unit) and China ($56 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Single-Phase in Japan (FOB) - 2022
The average export price for electric motors; AC motors, single-phases stood at $72 per unit in 2022, increasing by 3% against the previous year. In general, the export price, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2020 an increase of 6.5%. The export price peaked at $79 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Czech Republic ($72 per unit) and Germany ($72 per unit), while the average price for exports to Malaysia ($72 per unit) and Thailand ($72 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-0.9%), while the prices for the other major destinations experienced a decline.
Imports of Electric Motors; AC Motors, Single-Phase in Japan
In 2022, the amount of electric motors; AC motors, single-phases imported into Japan shrank remarkably to 1.1M units, waning by -16.2% on the previous year. The total import volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of 1.3M units, and then reduced notably in the following year.
In value terms, electric motors; AC motors, single-phase imports rose sharply to $59M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
Import of Electric Motors; AC Motors, Single-Phase in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 24.2 | 22.9 | 27.2 | 26.9 | 3.6% |
Thailand | 6.0 | 6.2 | 7.9 | 10.7 | 21.3% |
Taiwan (Chinese) | 3.4 | 3.5 | 4.5 | 5.3 | 15.9% |
United States | 2.9 | 2.5 | 2.6 | 4.6 | 16.6% |
Poland | 0.3 | 1.4 | 4.1 | 4.1 | 139.1% |
South Korea | 4.4 | 3.4 | 3.4 | 3.7 | -5.6% |
France | 4.7 | 1.7 | 0.5 | 0.5 | -52.6% |
Others | 4.0 | 2.7 | 2.9 | 3.2 | -7.2% |
Total | 49.7 | 44.3 | 53.0 | 58.9 | 5.8% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Japan in 2022:
- China (482.4K units)
- Thailand (190.7K units)
- Taiwan (Chinese) (94.1K units)
- United States (82.2K units)
- Poland (73.7K units)
- South Korea (65.5K units)
- France (8.1K units)
Exports of Electric Motors; AC Motors, Single-Phase in Japan
In 2022, the amount of electric motors; AC motors, single-phases exported from Japan skyrocketed to 750K units, rising by 36% compared with 2021. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, electric motors; AC motors, single-phase exports skyrocketed to $54M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +53.9% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Electric Motors; AC Motors, Single-Phase in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.4 | 0.4 | 4.9 | 18.9 | 261.5% |
United States | 9.3 | 8.7 | 9.7 | 12.6 | 10.7% |
China | 4.5 | 5.7 | 5.9 | 4.6 | 0.7% |
South Korea | 3.6 | 4.7 | 5.9 | 4.0 | 3.6% |
Hong Kong SAR | 4.0 | 6.7 | 3.8 | 2.8 | -11.2% |
Spain | N/A | N/A | N/A | 2.0 | 0% |
Taiwan (Chinese) | 2.6 | 2.1 | 1.8 | 1.8 | -11.5% |
Thailand | 5.0 | 1.4 | 1.4 | 1.8 | -28.9% |
Vietnam | 0.7 | 0.8 | 0.9 | 0.8 | 4.6% |
Germany | 0.5 | 0.4 | 0.4 | 0.8 | 17.0% |
Singapore | 0.6 | 0.6 | 0.7 | 0.7 | 5.3% |
Others | 4.3 | 3.5 | 3.1 | 3.2 | -9.4% |
Total | 35.4 | 35.1 | 38.5 | 54.0 | 15.1% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Japan in 2022:
- France (262.3K units)
- United States (175.6K units)
- China (63.5K units)
- South Korea (55.9K units)
- Hong Kong SAR (38.9K units)
- Spain (27.9K units)
- Taiwan (Chinese) (25.3K units)
- Thailand (25.1K units)
- Germany (11.4K units)
- Vietnam (10.9K units)
- Singapore (9.1K units)
This report provides an in-depth analysis of the ac/dc motor market in Japan.
This report provides an in-depth analysis of the dc motor market in Japan.
This report provides an in-depth analysis of the global ac/dc motor market.
This report provides an in-depth analysis of the global dc motor market.
This report provides an in-depth analysis of the ac/dc motor market in Japan.
This report provides an in-depth analysis of the dc motor market in Japan.
This report provides an in-depth analysis of the global ac/dc motor market.
This report provides an in-depth analysis of the global dc motor market.
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
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
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...
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
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
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
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...
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