Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Paraguay - 2022

Contents:

  1. Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Paraguay (CIF) - 2022
  2. Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Paraguay

Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Paraguay (CIF) - 2022

The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $7,003 per unit in 2022, falling by -12.5% against the previous year. Overall, the import price showed a pronounced decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 14% against the previous year. The import price peaked at $8,789 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Brazil ($7,168 per unit) and China ($7,149 per unit), while the price for Hong Kong SAR ($5,328 per unit) and Argentina ($5,672 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+39.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Paraguay

In 2022, imports of electric motors; ac motors, multi-phase, of an output exceeding 75kws into Paraguay surged to 200 units, with an increase of 16% compared with the previous year. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $1.4M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil48348280474515.5%
China58.682.9313493103.4%
Italy16.926.410.185.971.9%
Argentina18.630.526.528.415.2%
Hong Kong SAR3.15.523.626.6104.7%
India39.970.11326.8-44.6%
Finland16.917.222.3N/A14.9%
Others41.342.153.814.1-30.1%
Total6797561,3851,40127.3%

Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Paraguay in 2022:

  1. Brazil (104.0 units)
  2. China (69.0 units)
  3. Italy (13.0 units)
  4. Argentina (5.0 units)
  5. Hong Kong SAR (5.0 units)
  6. India (1.0 units)

Source: IndexBox Market Intelligence Platform

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