Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia - 2024
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $9,560 per unit, surging by 2.7% against the previous year. In general, the import price continues to indicate a tangible increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 365% against the previous year. Over the period under review, average import prices hit record highs 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 UK ($23,149 per unit), while the price for Turkey ($1,765 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+49.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia (FOB) - 2022
The average export price for electric motors and generators stood at $1,839 per unit in 2022, shrinking by -79.6% against the previous year. Over the period under review, the export price, however, posted a resilient expansion. The pace of growth was the most pronounced in 2017 an increase of 161,740%. Over the period under review, the average export prices reached the maximum at $28,293 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($4,587 per unit), while the average price for exports to Germany ($129 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 Bosnia and Herzegovina (+70.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia
In 2022, supplies from abroad of electric motors and generators decreased by -48.1% to 70 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,600%. Imports peaked at 135 units in 2021, and then shrank dramatically in the following year.
In value terms, imports of electric motors and generators fell markedly to $669K in 2022. In general, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,925%. Over the period under review, imports of attained the peak figure at $1.3M in 2021, and then reduced markedly in the following year.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 119 | 1,205 | 421 | 88.1% |
| United Kingdom | N/A | 1.6 | 5.1 | 46.3 | 437.9% |
| France | N/A | N/A | N/A | 37.2 | 0% |
| Turkey | 2.1 | N/A | N/A | 35.3 | 156.2% |
| Belarus | N/A | 419 | N/A | N/A | 0% |
| Others | 26.8 | 45.2 | 47.0 | 129 | 68.8% |
| Total | 28.9 | 585 | 1,257 | 669 | 185.0% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Serbia in 2022:
- China (39.0 units)
- Turkey (20.0 units)
- United Kingdom (2.0 units)
- France (2.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia
In 2022, approx. 8 units of electric motors and generators were exported from Serbia; with a decrease of -71.4% on 2021 figures. Over the period under review, exports, however, posted a pronounced expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,700%. As a result, the exports attained the peak of 28 units, and then dropped sharply in the following year.
In value terms, exports of electric motors and generators shrank sharply to $15K in 2022. In general, exports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 4,736%. As a result, the exports attained the peak of $253K, and then reduced dramatically in the following year.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | N/A | N/A | 5.0 | 0% |
| Romania | N/A | N/A | 105 | 4.6 | -95.6% |
| France | N/A | N/A | N/A | 4.5 | 0% |
| United States | 0.5 | N/A | N/A | 0.5 | 0.0% |
| Germany | N/A | 5.2 | 51.9 | 0.1 | -86.1% |
| Bosnia and Herzegovina | N/A | N/A | 95.6 | N/A | 0% |
| Montenegro | N/A | N/A | N/A | N/A | 0% |
| Italy | 4.3 | N/A | N/A | N/A | 0% |
| Others | 31.6 | N/A | N/A | N/A | 0% |
| Total | 36.4 | 5.2 | 253 | 14.7 | -26.1% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Serbia in 2022:
- United States (2.0 units)
- Ireland (2.0 units)
- France (2.0 units)
- Romania (1.0 units)
- Germany (1.0 units)
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