Price for Electric Motors; AC Motors, Single-Phase in the Netherlands - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in the Netherlands (CIF) - 2023
- Price for Electric Motors; AC Motors, Single-Phase in the Netherlands (FOB) - 2022
- Imports of Electric Motors; AC Motors, Single-Phase in the Netherlands
- Exports of Electric Motors; AC Motors, Single-Phase in the Netherlands
Price for Electric Motors; AC Motors, Single-Phase in the Netherlands (CIF) - 2023
The average import price for electric motors; AC motors, single-phases stood at $33.0 per unit in June 2023, growing by 3.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 28% month-to-month. The import price peaked at $37.3 per unit in November 2022; however, from December 2022 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Tunisia ($40.2 per unit), while the price for Germany ($18.4 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Single-Phase in the Netherlands (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, single-phases amounted to $66 per unit, growing by 5.8% against the previous year. In general, the export price, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2014 an increase of 17% against the previous year. Over the period under review, the average export prices reached the maximum at $100 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($268 per unit), while the average price for exports to Germany ($41 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 the UK (+11.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Electric Motors; AC Motors, Single-Phase in the Netherlands
In 2022, purchases abroad of electric motors; AC motors, single-phases decreased by -18.4% to 1.8M units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of 2.2M units, and then dropped markedly in the following year.
In value terms, electric motors; AC motors, single-phase imports reduced to $130M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.1% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 41%. As a result, imports reached the peak of $151M, and then fell in the following year.
| Import of Electric Motors; AC Motors, Single-Phase in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 7.8 | 15.1 | 14.1 | 45.4 | 79.9% |
| France | 29.5 | 41.8 | 48.3 | 28.8 | -0.8% |
| Tunisia | N/A | 2.4 | 29.7 | 20.9 | 195.1% |
| China | 20.6 | 18.5 | 24.8 | 10.5 | -20.1% |
| Germany | 5.6 | 4.4 | 5.7 | 5.0 | -3.7% |
| Poland | 0.5 | 2.1 | 2.5 | 3.7 | 94.9% |
| Italy | 2.8 | 6.6 | 4.0 | 2.5 | -3.7% |
| Spain | 1.8 | 1.2 | 0.9 | 1.1 | -15.1% |
| Others | 22.2 | 15.3 | 21.0 | 12.1 | -18.3% |
| Total | 90.8 | 107 | 151 | 130 | 12.7% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to the Netherlands in 2022:
- France (538.5K units)
- Tunisia (450.5K units)
- Japan (231.2K units)
- China (142.3K units)
- Germany (138.1K units)
- Poland (102.6K units)
- Italy (71.1K units)
- Spain (19.1K units)
Exports of Electric Motors; AC Motors, Single-Phase in the Netherlands
After three years of growth, overseas shipments of electric motors; AC motors, single-phases decreased by -13.5% to 1.2M units in 2022. The total export volume increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of 1.3M units, and then contracted in the following year.
In value terms, electric motors; AC motors, single-phase exports declined to $77M in 2022. The total export value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. As a result, the exports attained the peak of $84M, and then fell in the following year.
| Export of Electric Motors; AC Motors, Single-Phase in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 24.4 | 28.9 | 39.2 | 21.4 | -4.3% |
| France | 1.6 | 0.8 | 0.9 | 17.4 | 121.6% |
| Italy | 0.9 | 0.8 | 1.3 | 5.1 | 78.3% |
| Spain | 0.6 | 0.5 | 0.6 | 4.9 | 101.4% |
| United Kingdom | 4.0 | 4.1 | 6.8 | 4.3 | 2.4% |
| Sweden | 3.8 | 3.8 | 6.2 | 3.5 | -2.7% |
| Germany | 4.6 | 4.6 | 5.7 | 2.7 | -16.3% |
| Turkey | 6.2 | 3.6 | 2.0 | 2.2 | -29.2% |
| Denmark | 2.1 | 2.4 | 3.7 | 2.0 | -1.6% |
| Finland | 1.2 | 1.2 | 2.5 | 1.7 | 12.3% |
| Poland | 0.9 | 1.0 | 1.4 | 1.2 | 10.1% |
| Others | 8.8 | 10.3 | 13.5 | 10.3 | 5.4% |
| Total | 59.1 | 62.1 | 83.8 | 76.7 | 9.1% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from the Netherlands in 2022:
- France (400.4K units)
- Belgium (385.1K units)
- Germany (66.4K units)
- Sweden (59.0K units)
- Spain (26.2K units)
- Italy (24.9K units)
- Poland (21.6K units)
- Turkey (21.1K units)
- Finland (20.0K units)
- Denmark (17.0K units)
- United Kingdom (16.2K units)
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1201
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