Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Argentina - 2023

Contents:

1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Argentina (CIF) - 2022
2. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Argentina (FOB) - 2022
3. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Argentina
4. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Argentina

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Argentina (CIF) - 2022

The average import price for electric motors and generators stood at $21,705 per unit in 2022, reducing by -21.8% against the previous year. In general, the import price saw a mild downturn. The growth pace was the most rapid in 2020 an increase of 68% against the previous year. Over the period under review, average import prices reached the peak figure at $50,089 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($71,245 per unit), while the price for Spain ($32 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Argentina (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $145 per unit, declining by -98.4% against the previous year. Overall, the export price, however, continues to indicate a prominent expansion. The growth pace was the most rapid in 2017 when the average export price increased by 26,292% against the previous year. Over the period under review, the average export prices attained the peak figure at $37,253 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($309 per unit), while the average price for exports to Bolivia ($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 Chile (+62.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Argentina

In 2022, purchases abroad of electric motors and generators decreased by -80.7% to 22 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 571% against the previous year. As a result, imports reached the peak of 114 units, and then dropped remarkably in the following year.

In value terms, imports of electric motors and generators dropped dramatically to $478K in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 551% against the previous year. As a result, imports reached the peak of $3.2M, and then fell notably in the following year.

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Argentina in 2022:

1. United States (4.0 units)
2. China (4.0 units)
3. Japan (3.0 units)
4. Italy (2.0 units)
5. Brazil (1.0 units)
6. Taiwan (Chinese) (1.0 units)
7. Mexico (1.0 units)
8. India (1.0 units)
9. United Kingdom (1.0 units)
10. Sweden (1.0 units)
11. Germany (1.0 units)
12. South Korea (1.0 units)
13. Spain (1.0 units)

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Argentina

In 2022, the amount of electric motors and generators exported from Argentina stood at 3 units, approximately reflecting the year before. Overall, exports showed a dramatic descent. The smallest decline of -62.5% was in 2021. The exports peaked at 8 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of electric motors and generators reduced dramatically to $435 in 2022. Over the period under review, exports continue to indicate a precipitous slump. The smallest decline of -91% was in 2021. The exports peaked at $298K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Argentina in 2022:

1. United States (1.0 units)
2. Bolivia (1.0 units)
3. Chile (1.0 units)

Source: IndexBox Market Intelligence Platform