Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka - 2022
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka (CIF) - 2022
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $2,860 per unit in 2022, reducing by -39.6% against the previous year. Over the period under review, the import price, however, posted a pronounced expansion. The growth pace was the most rapid in 2021 an increase of 85%. The import price peaked at $5,399 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($6,901 per unit), while the price for South Africa ($4.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $1,237 per unit, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 1,059%. Over the period under review, the average export prices hit record highs at $2,061 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($2,082 per unit), while the average price for exports to Maldives stood at $392 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+11.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka
In 2022, approx. 429 units of electric motors; AC motors, multi-phase, of an output exceeding 75kWs were imported into Sri Lanka; with an increase of 17% on the previous year's figure. Over the period under review, imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 156% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs fell sharply to $1.2M in 2022. Overall, imports, however, recorded a noticeable downturn. The growth pace was the most rapid in 2021 when imports increased by 373%. As a result, imports reached the peak of $1.7M, and then contracted dramatically in the following year.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 177 | 121 | 260 | 556 | 46.5% |
| Italy | 15.6 | 2.4 | 0.5 | 290 | 164.9% |
| Czech Republic | 10.3 | 11.9 | 73.1 | 255 | 191.5% |
| China | 265 | 155 | 471 | 63.4 | -37.9% |
| France | 7.5 | 6.1 | 26.8 | 47.4 | 84.9% |
| Germany | 398 | 4.1 | 12.0 | 4.3 | -77.9% |
| Singapore | 60.8 | 4.7 | 13.7 | 2.5 | -65.5% |
| South Africa | N/A | N/A | N/A | N/A | 0% |
| Turkey | 13.5 | 5.4 | 17.6 | N/A | 14.2% |
| Others | 446 | 57.8 | 869 | 7.8 | -74.0% |
| Total | 1,393 | 369 | 1,744 | 1,227 | -4.1% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Sri Lanka in 2022:
- India (216.0 units)
- Italy (125.0 units)
- Czech Republic (37.0 units)
- France (20.0 units)
- China (15.0 units)
- South Africa (9.0 units)
- Singapore (2.0 units)
- Germany (2.0 units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka
In 2022, overseas shipments of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by 0% to 2 units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2020 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 5 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $2.5K in 2022. Over the period under review, exports faced a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 4.7% against the previous year. As a result, the exports attained the peak of $4.9K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.1 | 2.8 | N/A | 2.1 | -12.2% |
| Maldives | 1.6 | 1.5 | N/A | 0.4 | -37.0% |
| Indonesia | N/A | 0.6 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.7 | 4.9 | N/A | 2.5 | -19.0% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Sri Lanka in 2022:
- Maldives (1.0 units)
- India (1.0 units)
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