Price for Electric Motors; AC Motors, Single-Phase in Italy - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in Italy (FOB) - 2023
- Price for Electric Motors; AC Motors, Single-Phase in Italy (CIF) - 2023
- Exports of Electric Motors; AC Motors, Single-Phase in Italy
- Imports of Electric Motors; AC Motors, Single-Phase in Italy
Price for Electric Motors; AC Motors, Single-Phase in Italy (FOB) - 2023
In June 2023, the average export price for electric motors; AC motors, single-phases amounted to $22.3 per unit, with an increase of 3.5% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 6.4% month-to-month. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was France ($29.3 per unit), while the average price for exports to Mexico ($13.3 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electric Motors; AC Motors, Single-Phase in Italy (CIF) - 2023
The average import price for electric motors; AC motors, single-phases stood at $14.5 per unit in June 2023, picking up by 7.4% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 22% month-to-month. As a result, import price attained the peak level of $15.7 per unit. From April 2023 to June 2023, the average import prices remained at a somewhat 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 Germany ($38.6 per unit), while the price for China ($10.1 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 Poland (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electric Motors; AC Motors, Single-Phase in Italy
In 2022, the amount of electric motors; AC motors, single-phases exported from Italy totaled 11M units, increasing by 2.3% compared with the previous year. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, electric motors; AC motors, single-phase exports expanded slightly to $276M in 2022. The total export value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 21%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Electric Motors; AC Motors, Single-Phase in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 32.7 | 35.0 | 39.2 | 44.9 | 11.1% |
| France | 21.7 | 19.9 | 28.9 | 29.9 | 11.3% |
| Poland | 17.7 | 14.0 | 22.1 | 23.1 | 9.3% |
| Spain | 20.0 | 15.2 | 18.0 | 19.7 | -0.5% |
| United Kingdom | 20.9 | 19.5 | 16.7 | 12.1 | -16.7% |
| Turkey | 6.8 | 7.0 | 8.7 | 9.5 | 11.8% |
| Mexico | 7.5 | 7.0 | 8.1 | 7.7 | 0.9% |
| Portugal | 4.5 | 4.9 | 5.5 | 5.4 | 6.3% |
| Switzerland | 6.4 | 4.5 | 6.2 | 4.7 | -9.8% |
| Slovenia | 3.4 | 6.6 | 6.3 | 4.0 | 5.6% |
| Hungary | 1.1 | 1.0 | 2.3 | 3.9 | 52.5% |
| Egypt | 2.8 | 2.2 | 3.0 | 3.2 | 4.6% |
| Others | 73.7 | 85.6 | 103 | 108 | 13.6% |
| Total | 219 | 222 | 268 | 276 | 8.0% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from Italy in 2022:
- Poland (2905.5K units)
- Germany (1968.0K units)
- Turkey (1084.5K units)
- France (700.4K units)
- United Kingdom (582.9K units)
- Spain (575.4K units)
- Mexico (358.6K units)
- Switzerland (239.2K units)
- Portugal (233.2K units)
- Slovenia (211.2K units)
- Hungary (195.1K units)
- Egypt (170.0K units)
Imports of Electric Motors; AC Motors, Single-Phase in Italy
In 2022, the amount of electric motors; AC motors, single-phases imported into Italy shrank slightly to 14M units, declining by -1.6% on the year before. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% 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 +69.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. As a result, imports attained the peak of 15M units, and then contracted modestly in the following year.
In value terms, electric motors; AC motors, single-phase imports surged to $256M in 2022. Overall, imports, however, recorded resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 63%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Electric Motors; AC Motors, Single-Phase in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 72.0 | 63.6 | 116 | 144 | 26.0% |
| Czech Republic | 13.5 | 9.2 | 8.8 | 16.7 | 7.3% |
| Bulgaria | 2.1 | 1.6 | 3.0 | 13.5 | 85.9% |
| Germany | 8.5 | 6.3 | 7.8 | 9.8 | 4.9% |
| Poland | 6.1 | 5.4 | 7.8 | 8.8 | 13.0% |
| Tunisia | 5.2 | 4.5 | 8.9 | 8.4 | 17.3% |
| Vietnam | 0.3 | 0.2 | 6.4 | 5.6 | 165.3% |
| Others | 48.8 | 39.7 | 54.3 | 49.5 | 0.5% |
| Total | 156 | 131 | 213 | 256 | 18.0% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to Italy in 2022:
- China (10.8M units)
- Czech Republic (0.6M units)
- Poland (0.6M units)
- Vietnam (0.6M units)
- Bulgaria (0.4M units)
- Tunisia (0.3M units)
- Germany (0.2M units)
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This report provides an in-depth analysis of the ac/dc motor market in Italy.
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China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
118
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
828
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1209
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
