Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Portugal - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Portugal (FOB) - 2023
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Portugal (CIF) - 2023
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Portugal
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Portugal
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Portugal (FOB) - 2023
In October 2023, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $13,880 per unit, increasing by 39% against the previous month. In general, the export price saw a temperate expansion. The pace of growth appeared the most rapid in December 2022 an increase of 346% month-to-month. As a result, the export price attained the peak level of $15,342 per unit; afterwards, it flattened through to October 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Kazakhstan ($83,667 per unit), while the average price for exports to the UK ($4,157 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 Kazakhstan (+17.2%), 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 Portugal (CIF) - 2023
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $325 per unit in October 2023, waning by -69.5% against the previous month. Over the period under review, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 1,006% against the previous month. As a result, import price reached the peak level of $7,060 per unit. From August 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Spain ($6,355 per unit), while the price for Italy totaled $189 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Spain (+6.0%).
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Portugal
In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs exported from Portugal expanded rapidly to 6.8K units, increasing by 12% compared with the year before. The total export volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs surged to $68M in 2022. The total export value increased at an average annual rate of +12.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 4.7 | 3.4 | 4.8 | 10.2 | 29.5% |
| Germany | 11.1 | 9.5 | 13.5 | 10.1 | -3.1% |
| Italy | 4.1 | 8.4 | 7.5 | 7.2 | 20.6% |
| Spain | 6.1 | 3.9 | 5.0 | 7.2 | 5.7% |
| Sweden | 3.3 | 4.5 | 4.0 | 4.4 | 10.1% |
| France | 2.8 | 3.6 | 4.5 | 3.9 | 11.7% |
| United Kingdom | 2.0 | 1.5 | 1.6 | 3.6 | 21.6% |
| Belgium | 2.5 | 3.0 | 3.4 | 3.5 | 11.9% |
| Netherlands | 2.0 | 1.6 | 2.5 | 2.2 | 3.2% |
| Austria | 1.2 | 0.9 | 1.2 | 1.0 | -5.9% |
| Switzerland | 0.7 | 0.5 | 0.5 | 0.8 | 4.6% |
| Russia | 2.3 | 2.4 | 2.3 | 0.1 | -64.8% |
| Uganda | N/A | N/A | N/A | N/A | 0% |
| Others | 5.4 | 7.5 | 6.9 | 13.5 | 35.7% |
| Total | 48.1 | 50.7 | 57.8 | 67.8 | 12.1% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Portugal in 2022:
- Spain (1317.0 units)
- South Africa (1258.0 units)
- Germany (1005.0 units)
- Italy (637.0 units)
- Belgium (453.0 units)
- Sweden (389.0 units)
- France (343.0 units)
- Netherlands (282.0 units)
- United Kingdom (249.0 units)
- Austria (141.0 units)
- Switzerland (104.0 units)
- Russia (8.0 units)
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Portugal
In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs imported into Portugal expanded rapidly to 28K units, with an increase of 5.8% on the previous year's figure. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs expanded significantly to $6.9M in 2022. The total import value increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 14%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.8 | 1.9 | 2.4 | 2.1 | 5.3% |
| Others | 3.4 | 3.7 | 3.9 | 4.9 | 13.0% |
| Total | 5.2 | 5.5 | 6.3 | 6.9 | 9.9% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Portugal in 2022:
- Italy (26.7K units)
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