Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia (FOB) - 2022
- Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia (CIF) - 2022
- Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia
- Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia (FOB) - 2022
In 2022, the average export price for electric motors and generators amounted to $12 per unit, with an increase of 2.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 25%. As a result, the export price reached the peak level of $13 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($118 per unit), while the average price for exports to Australia ($4.3 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 (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia (CIF) - 2022
The average import price for electric motors and generators stood at $5.3 per unit in 2022, growing by 35% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.2% 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 +61.4% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Thailand ($58 per unit), while the price for China ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+38.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia
In 2022, approx. 10M units of electric motors and generators were exported from Indonesia; with an increase of 11% on 2021. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 190% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of electric motors and generators totaled $124M in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 235% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 15.8 | 11.8 | 41.3 | 31.0 | 25.2% |
| United States | 0.7 | N/A | 0.1 | 16.4 | 186.1% |
| Malaysia | 2.9 | 2.7 | 9.1 | 12.8 | 64.0% |
| India | 7.7 | 6.4 | 19.5 | 11.8 | 15.3% |
| Mexico | N/A | N/A | 0.3 | 10.0 | 3233.3% |
| Japan | 8.3 | 6.4 | 21.1 | 7.8 | -2.0% |
| Canada | N/A | N/A | N/A | 4.6 | 0% |
| Brazil | 2.3 | 1.2 | 4.8 | 4.3 | 23.2% |
| Others | 7.3 | 3.9 | 11.9 | 24.9 | 50.5% |
| Total | 45.0 | 32.2 | 108 | 124 | 40.2% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Indonesia in 2022:
- Thailand (3.3M units)
- United States (2.6M units)
- Malaysia (1.8M units)
- Mexico (0.9M units)
- Brazil (0.5M units)
- Canada (0.4M units)
- Japan (0.1M units)
- India (0.1M units)
Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia
In 2022, approx. 12M units of electric motors and generators were imported into Indonesia; flattening at 2021 figures. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 12M units, and then shrank modestly in the following year.
In value terms, imports of electric motors and generators soared to $63M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.4% 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 +87.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 40%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.0 | 10.6 | 17.5 | 20.4 | 22.9% |
| China | 15.1 | 15.6 | 19.4 | 20.2 | 10.2% |
| Others | 11.7 | 7.2 | 9.9 | 22.0 | 23.4% |
| Total | 37.8 | 33.4 | 46.9 | 62.7 | 18.4% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Indonesia in 2022:
- China (11.0M units)
- Japan (0.4M units)
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