Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Saudi Arabia - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Saudi Arabia (FOB) - 2022
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Saudi Arabia
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Saudi Arabia (FOB) - 2022
In 2021, the average export price for electric motors and generators amounted to $33,638 per unit, shrinking by -71.7% against the previous year. Over the period under review, the export price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2020 an increase of 94% against the previous year. As a result, the export price attained the peak level of $119,061 per unit, and then dropped sharply in the following year.
Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Yemen ($67,466 per unit), while the average price for exports to Qatar amounted to $53,333 per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Yemen (+2,567.1%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Saudi Arabia
In 2022, approx. 2 units of electric motors and generators were exported from Saudi Arabia; shrinking by -60% compared with 2021 figures. Overall, exports continue to indicate a precipitous contraction. The smallest decline of -37.5% was in 2021. The exports peaked at 34 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electric motors and generators dropped rapidly to $49K in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The smallest decline of -54.3% was in 2020. The exports peaked at $2.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Yemen | N/A | 67.5 | 0% | ||
| Qatar | N/A | 53.3 | 0% | ||
| United Arab Emirates | 145 | 16.7 | -88.5% | ||
| Bahrain | 30.1 | 14.0 | -53.5% | ||
| Oman | 96.0 | N/A | 0% | ||
| Mexico | 682 | N/A | 0% | ||
| Others | N/A | 16.7 | 0% | ||
| Total | 952 | 168 | -82.4% | ||
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Saudi Arabia in 2022:
- Qatar (1.0 units)
- Yemen (1.0 units)
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