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

Contents:

1. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Croatia (FOB) - 2022
2. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Croatia (CIF) - 2022
3. Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Croatia
4. Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Croatia

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Croatia (FOB) - 2022

The average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $15,707 per unit in 2022, reducing by -35.2% against the previous year. Over the period under review, the export price showed a perceptible descent. The most prominent rate of growth was recorded in 2020 an increase of 44%. The export price peaked at $29,833 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($20,990 per unit), while the average price for exports to Poland ($5,245 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 Poland (+44.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Croatia (CIF) - 2022

The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $8,318 per unit in 2022, waning by -23.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 152% against the previous year. As a result, import price attained the peak level of $20,560 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($46,537 per unit), while the price for Italy ($2,470 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs exported from Croatia skyrocketed to 342 units, surging by 33% against the year before. In general, exports, however, showed a mild reduction. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. The exports peaked at 362 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs contracted to $5.4M in 2022. Overall, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +4.4% 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 +47.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 71%. As a result, the exports attained the peak of $6.3M, and then declined in the following year.

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

1. Germany (103.0 units)
2. Poland (81.0 units)
3. United Kingdom (68.0 units)
4. Romania (20.0 units)
5. Bosnia and Herzegovina (19.0 units)
6. Serbia (13.0 units)
7. Denmark (10.0 units)
8. Switzerland (2.0 units)

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

Imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs into Croatia soared to 566 units in 2022, growing by 81% against 2021. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs surged to $4.7M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Slovenia (191.0 units)
2. Italy (162.0 units)
3. United Kingdom (83.0 units)
4. Germany (37.0 units)
5. Norway (36.0 units)
6. Finland (18.0 units)
7. China (9.0 units)
8. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform