Price for Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates - 2022
Contents:
- Price for Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates (CIF) - 2022
- Price for Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates (FOB) - 2022
- Imports of Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates
- Exports of Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates
Price for Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates (CIF) - 2022
The average import price for electric motors stood at $4.4 per unit in 2022, increasing by 3.7% against the previous year. Over the period under review, the import price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2015 an increase of 24% against the previous year. As a result, import price attained the peak level of $8.5 per unit. From 2016 to 2022, the average 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 China ($6 per unit), while the price for the UK ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+5.7%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates (FOB) - 2022
The average export price for electric motors stood at $139 per unit in 2022, shrinking by -16.3% against the previous year. Over the period under review, the export price, however, posted a prominent expansion. The growth pace was the most rapid in 2013 when the average export price increased by 101%. The export price peaked at $166 per unit in 2021, and then declined markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($208 per unit), while the average price for exports to Zimbabwe ($18 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 Pakistan (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates
In 2022, imports of electric motors into the United Arab Emirates skyrocketed to 13M units, with an increase of 18% on the previous year. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 34%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of electric motors skyrocketed to $56M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 10.6 | 15.7 | 21.1 | 44.5% |
| India | 4.8 | 5.0 | 7.0 | 7.4 | 15.5% |
| United States | 6.4 | 7.7 | 7.5 | 7.0 | 3.0% |
| Germany | 5.4 | 4.3 | 3.7 | 3.6 | -12.6% |
| Denmark | 1.3 | 1.7 | 2.5 | 3.3 | 36.4% |
| United Kingdom | 1.5 | 0.7 | 0.9 | 2.7 | 21.6% |
| Switzerland | 1.1 | 1.1 | 1.8 | 2.1 | 24.1% |
| Others | 6.5 | 5.5 | 6.5 | 8.5 | 9.4% |
| Total | 34.0 | 36.7 | 45.5 | 55.7 | 17.9% |
Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to the United Arab Emirates in 2022:
- China (3.5M units)
- India (2.4M units)
- United States (1.8M units)
- United Kingdom (1.3M units)
- Germany (0.8M units)
- Denmark (0.7M units)
- Switzerland (0.5M units)
Exports of Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates
In 2022, overseas shipments of electric motors decreased by -61.7% to 16K units, falling for the second consecutive year after two years of growth. Overall, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 10% against the previous year. As a result, the exports reached the peak of 62K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of electric motors declined rapidly to $2.3M in 2022. Over the period under review, exports faced a sharp slump. The growth pace was the most rapid in 2020 when exports increased by 21% against the previous year. The exports peaked at $7.1M in 2021, and then reduced dramatically in the following year.
| Export of Electric Motors; of an Output Not Exceeding 37.5W in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 695 | 813 | 2,184 | 993 | 12.6% |
| India | 168 | 264 | 654 | 365 | 29.5% |
| Senegal | 2.2 | 3.6 | 0.2 | 126 | 285.5% |
| Angola | 14.8 | 8.2 | 25.9 | 110 | 95.2% |
| Pakistan | 41.6 | 64.5 | 10.8 | 37.8 | -3.1% |
| Sri Lanka | 45.9 | 49.3 | 24.2 | 34.8 | -8.8% |
| Tanzania | 6.7 | 4.7 | 23.5 | 28.1 | 61.3% |
| Brazil | 20.9 | N/A | 20.5 | 25.4 | 6.7% |
| Georgia | 27.9 | 13.8 | 20.2 | 25.1 | -3.5% |
| Mozambique | 10.8 | 1.1 | 2.1 | 24.2 | 30.9% |
| Denmark | 4.7 | N/A | N/A | 14.9 | 46.9% |
| Egypt | 12.8 | 14.6 | 1.8 | 6.8 | -19.0% |
| Zimbabwe | 0.6 | 3.3 | 3.2 | 6.4 | 120.1% |
| Others | 4,755 | 5,772 | 4,146 | 480 | -53.4% |
| Total | 5,806 | 7,012 | 7,116 | 2,277 | -26.8% |
Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from the United Arab Emirates in 2022:
- Oman (5.0K units)
- India (1.8K units)
- Pakistan (1.4K units)
- Brazil (1.2K units)
- Sri Lanka (1.1K units)
- Angola (0.6K units)
- Senegal (0.6K units)
- Tanzania (0.5K units)
- Georgia (0.3K units)
- Egypt (0.3K units)
- Zimbabwe (0.3K units)
- Mozambique (0.3K units)
- Denmark (0.3K units)
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