Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran
  4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran (CIF) - 2022

The average import price for electric motors and generators stood at $14 per unit in 2022, growing by 8.3% against the previous year. Over the period under review, the import price showed a tangible expansion. The pace of growth was the most pronounced in 2021 an increase of 46% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($76 per unit), while the price for Turkey ($8.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $377 per unit, which is down by -54.2% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 91% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,178 per unit in 2020; however, from 2021 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 Sudan ($456 per unit), while the average price for exports to the United Arab Emirates ($1 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 Afghanistan (+65.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran

In 2022, overseas purchases of electric motors and generators decreased by -48.9% to 868K units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a significant decline. The growth pace was the most rapid in 2020 when imports increased by 22%. As a result, imports attained the peak of 2.8M units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of electric motors and generators dropped dramatically to $13M in 2022. In general, imports recorded a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 31%. As a result, imports reached the peak of $25M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.010.911.29.3-10.6%
Singapore1.12.11.71.510.9%
Turkey0.70.20.40.6-5.0%
South Korea2.68.86.9N/A62.9%
Others1.83.32.41.2-12.6%
Total19.225.222.612.5-13.3%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Iran in 2022:

  1. China (640.5K units)
  2. Singapore (142.8K units)
  3. Turkey (64.3K units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran

In 2022, approx. 113 units of electric motors and generators were exported from Iran; falling by -81.3% compared with the previous year's figure. In general, exports recorded a precipitous shrinkage. The smallest decline of -25.2% was in 2021. The exports peaked at 1.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of electric motors and generators fell dramatically to $43K in 2022. Overall, exports continue to indicate a dramatic setback. The smallest decline of -38% was in 2020. The exports peaked at $1.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iraq97120943538.1-66.0%
Sudan42752739.23.6-79.6%
Afghanistan26.562.32.60.3-77.5%
Jordan59.464.59.60.1-88.1%
Others49.888.310.50.3-81.8%
Total1,53495249742.5-69.7%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Iran in 2022:

  1. Iraq (84.0 units)
  2. Sudan (8.0 units)
  3. Afghanistan (1.0 units)
  4. Jordan (1.0 units)

Source: IndexBox Market Intelligence Platform

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