Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Romania - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Romania (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Romania (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Romania
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Romania
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Romania (CIF) - 2022
The average import price for electric motors and generators stood at $16,010 per unit in 2022, surging by 103% against the previous year. Overall, the import price, however, showed a mild decline. Over the period under review, average import prices reached the maximum at $18,361 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($39,506 per unit), while the price for China ($1,067 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+35.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Romania (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $43,005 per unit, rising by 14% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 4,188%. The export price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($58,983 per unit), while the average price for exports to the Netherlands ($1,133 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 South Africa (+234.2%), 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 Romania
In 2022, imports of electric motors and generators into Romania fell significantly to 58 units, waning by -81.6% compared with the previous year. Overall, imports faced a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 76% against the previous year. Imports peaked at 416 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of electric motors and generators dropped rapidly to $929K in 2022. In general, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 162% against the previous year. As a result, imports reached the peak of $2.5M, and then dropped rapidly in the following year.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 276 | 30.6 | 1,593 | 632 | 31.8% |
| Spain | 8.8 | N/A | N/A | 241 | 201.4% |
| China | 0.6 | 5.5 | 22.3 | 26.7 | 254.4% |
| Greece | 921 | 366 | 38.7 | 17.0 | -73.6% |
| South Korea | N/A | N/A | 43.8 | 4.4 | -90.0% |
| Germany | 269 | 14.3 | 613 | 4.0 | -75.4% |
| Netherlands | 183 | 2.1 | 2.7 | 3.1 | -74.3% |
| Poland | N/A | 4.8 | 5.8 | 0.1 | -85.6% |
| Austria | 9.9 | 513 | 13.7 | N/A | 17.6% |
| Others | 428 | 12.8 | 150 | N/A | -40.8% |
| Total | 2,097 | 949 | 2,482 | 929 | -23.8% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Romania in 2022:
- China (25.0 units)
- Italy (16.0 units)
- Spain (7.0 units)
- Greece (6.0 units)
- Netherlands (1.0 units)
- Poland (1.0 units)
- Germany (1.0 units)
- South Korea (1.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Romania
For the third year in a row, Romania recorded decline in overseas shipments of electric motors and generators, which decreased by -84.4% to 7 units in 2022. In general, exports saw a precipitous curtailment. The smallest decline of -34.8% was in 2021. Over the period under review, the exports of hit record highs at 293 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electric motors and generators fell notably to $301K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 910%. Over the period under review, the exports of reached the maximum at $1.7M in 2021, and then shrank markedly in the following year.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | N/A | 713 | 1,678 | 295 | -35.7% |
| Serbia | N/A | N/A | 3.6 | 5.0 | 38.9% |
| Netherlands | 0.2 | 3.7 | 0.7 | 1.1 | 76.5% |
| United States | 56.8 | N/A | N/A | N/A | 0% |
| Kuwait | 1.5 | 2.3 | N/A | N/A | 53.3% |
| Others | 12.8 | N/A | 10.6 | N/A | -9.0% |
| Total | 71.2 | 719 | 1,692 | 301 | 61.7% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Romania in 2022:
- Chile (5.0 units)
- Netherlands (1.0 units)
- Serbia (1.0 units)
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