Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria - 2023

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria (CIF) - 2022
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria (FOB) - 2022
  3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria
  4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $67 per unit, falling by -3.2% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electric motors and generators increased by +2.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 30% against the previous year. Over the period under review, average import prices reached the peak figure at $112 per unit in 2017; however, from 2018 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 Hungary ($100 per unit), while the price for the Czech Republic ($15 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $304 per unit, jumping by 49% against the previous year. In general, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for electric motors and generators increased by +91.4% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,099 per unit), while the average price for exports to Croatia ($63 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 France (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria

In 2022, overseas purchases of electric motors and generators decreased by -20.9% to 4.4M units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 100% against the previous year. Over the period under review, imports of reached the peak figure at 5.6M units in 2021, and then declined rapidly in the following year.

In value terms, imports of electric motors and generators dropped markedly to $298M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, imports attained the peak of $389M, and then contracted notably in the following year.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China61.959.387.588.012.4%
Germany36.618723185.632.7%
Hungary56.35.610.481.513.1%
Mexico9.87.58.87.9-6.9%
Czech Republic0.93.04.64.165.8%
Slovenia2.84.22.32.6-2.4%
Poland50.432.121.22.2-64.8%
Others38.817.223.926.2-12.3%
Total2583163892984.9%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Austria in 2022:

  1. Germany (1574.2K units)
  2. China (1001.1K units)
  3. Hungary (817.7K units)
  4. Czech Republic (274.3K units)
  5. Mexico (152.7K units)
  6. Slovenia (143.7K units)
  7. Poland (89.9K units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria

In 2022, exports of electric motors and generators from Austria fell significantly to 370K units, reducing by -18.2% against 2021. Overall, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 17% against the previous year. As a result, the exports attained the peak of 452K units, and then dropped rapidly in the following year.

In value terms, exports of electric motors and generators soared to $112M in 2022. The total export value increased at an average annual rate of +10.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic23.011.810.227.05.5%
Hungary15.716.318.119.26.9%
Slovakia1.511.512.817.0124.6%
Romania7.37.19.712.118.3%
Germany8.310.814.19.54.6%
United States1.93.32.94.432.3%
Slovenia1.41.23.24.244.2%
Poland3.23.12.94.07.7%
Sweden0.20.31.61.281.7%
China3.81.52.31.2-31.9%
France5.96.43.41.0-44.7%
Croatia0.60.31.00.5-5.9%
Others10.06.89.910.92.9%
Total82.880.492.011210.6%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Austria in 2022:

  1. Slovakia (128.5K units)
  2. Germany (74.6K units)
  3. Czech Republic (40.7K units)
  4. Hungary (29.0K units)
  5. Romania (18.3K units)
  6. Poland (16.0K units)
  7. Croatia (8.7K units)
  8. Sweden (8.5K units)
  9. Slovenia (6.4K units)
  10. China (6.1K units)
  11. United States (4.0K units)
  12. France (3.1K units)

Source: IndexBox Market Intelligence Platform

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