Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka (FOB) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka (CIF) - 2022
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $13,762 per unit, growing by 1.7% against the previous year. In general, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 an increase of 1,461%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($15,699 per unit), while the average price for exports to Seychelles totaled $205 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+14.9%).
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $5,358 per unit, waning by -27.9% against the previous year. Over the period under review, the import price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 190% against the previous year. The import price peaked at $13,505 per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
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 Japan ($41,822 per unit), while the price for Singapore ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+96.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka
Exports of electric motors and generators from Sri Lanka fell dramatically to 8 units in 2022, with a decrease of -33.3% against 2021. In general, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 500%. As a result, the exports attained the peak of 12 units, and then shrank dramatically in the following year.
In value terms, exports of electric motors and generators reduced rapidly to $110K in 2022. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,518%. As a result, the exports reached the peak of $162K, and then reduced rapidly in the following year.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 81.2 | 2.5 | 114 | 110 | 10.6% |
| Seychelles | 0.2 | N/A | N/A | 0.2 | 0.0% |
| China | N/A | 7.5 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 48.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 81.4 | 10.0 | 162 | 110 | 10.6% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Sri Lanka in 2022:
- Maldives (7.0 units)
- Seychelles (1.0 units)
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka
In 2022, approx. 11 units of electric motors and generators were imported into Sri Lanka; growing by 10% on the previous year. Over the period under review, imports, however, faced a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 24%. As a result, imports attained the peak of 21 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of electric motors and generators reduced notably to $59K in 2022. In general, imports, however, recorded a sharp descent. The growth pace was the most rapid in 2020 with an increase of 39%. As a result, imports attained the peak of $284K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 177 | 242 | 54.3 | 41.8 | -38.2% |
| United Kingdom | 0.2 | 4.9 | 9.2 | 11.1 | 281.4% |
| South Korea | 0.4 | 2.8 | 1.1 | 3.1 | 97.9% |
| India | 19.5 | 17.1 | 8.3 | 1.3 | -59.5% |
| Germany | 0.1 | 0.3 | N/A | 1.2 | 128.9% |
| China | 2.3 | 7.5 | 0.8 | 0.2 | -55.7% |
| Australia | 3.3 | 4.9 | 0.2 | 0.1 | -68.8% |
| Italy | 0.3 | 1.0 | 0.1 | 0.1 | -30.7% |
| Thailand | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Norway | N/A | 1.3 | N/A | N/A | 0% |
| Malaysia | 0.1 | N/A | N/A | N/A | 0% |
| Singapore | 1.3 | 1.7 | 0.1 | N/A | -72.3% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 205 | 284 | 74.3 | 58.9 | -34.0% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Sri Lanka in 2022:
- United Kingdom (2.0 units)
- Australia (1.0 units)
- Italy (1.0 units)
- Singapore (1.0 units)
- India (1.0 units)
- China (1.0 units)
- Japan (1.0 units)
- Germany (1.0 units)
- South Korea (1.0 units)
- Thailand (1.0 units)
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