Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa (CIF) - 2022
In 2022, the average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $2,018 per unit, declining by -59.4% against the previous year. Over the period under review, the import price showed a abrupt setback. The growth pace was the most rapid in 2016 an increase of 86% against the previous year. Over the period under review, average import prices reached the peak figure at $8,922 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Portugal ($8,277 per unit), while the price for the UK ($352 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+108.8%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa (FOB) - 2022
In 2022, the average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs amounted to $2,501 per unit, surging by 66% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. Over the period under review, the average export prices attained the maximum at $3,532 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,747 per unit), while the average price for exports to Swaziland ($175 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 Cote d'Ivoire (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa
In 2022, the amount of electric motors; AC motors, multi-phase, of an output exceeding 75kWs imported into South Africa skyrocketed to 25K units, picking up by 272% on 2021. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs surged to $51M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.5% 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 +75.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 7.8 | 7.2 | 9.1 | 12.9 | 18.3% |
| Portugal | 4.8 | 3.6 | 3.3 | 11.1 | 32.2% |
| China | 4.9 | 3.8 | 11.3 | 9.7 | 25.6% |
| United Kingdom | N/A | N/A | N/A | 5.2 | 0% |
| France | 1.6 | 2.1 | 1.8 | 1.3 | -6.7% |
| Canada | N/A | N/A | N/A | 0.3 | 0% |
| Others | 9.8 | 18.4 | 8.1 | 10.4 | 2.0% |
| Total | 29.0 | 35.1 | 33.6 | 50.8 | 20.5% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to South Africa in 2022:
- United Kingdom (14.9K units)
- China (5.7K units)
- Brazil (1.7K units)
- Portugal (1.3K units)
- Canada (0.4K units)
- France (0.1K units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa
In 2022, overseas shipments of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -29.9% to 4.9K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 50%. Over the period under review, the exports of attained the peak figure at 7K units in 2021, and then shrank rapidly in the following year.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs surged to $12M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1,578 | 1,126 | 2,369 | 2,251 | 12.6% |
| United States | 2,174 | 881 | 1,162 | 1,903 | -4.3% |
| Zambia | 461 | 322 | 1,312 | 1,167 | 36.3% |
| Mozambique | 381 | 1,118 | 1,299 | 646 | 19.2% |
| Ghana | 40.8 | 37.6 | 81.6 | 509 | 131.9% |
| Botswana | 266 | 344 | 304 | 494 | 22.9% |
| Zimbabwe | 699 | 990 | 627 | 375 | -18.7% |
| Cote d'Ivoire | 92.2 | 46.8 | 41.9 | 299 | 48.0% |
| Namibia | 544 | 120 | 819 | 282 | -19.7% |
| Malawi | 99.3 | 37.6 | 51.5 | 249 | 35.9% |
| Swaziland | 86.9 | 46.0 | 103 | 117 | 10.4% |
| Lesotho | 114 | 62.2 | 114 | 99.7 | -4.4% |
| United Arab Emirates | N/A | 1,375 | N/A | 8.1 | -92.3% |
| Others | 1,244 | 1,649 | 2,321 | 3,902 | 46.4% |
| Total | 7,781 | 8,156 | 10,606 | 12,302 | 16.5% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from South Africa in 2022:
- Swaziland (673.0 units)
- Namibia (586.0 units)
- Democratic Republic of the Congo (570.0 units)
- Zambia (382.0 units)
- Lesotho (328.0 units)
- Mozambique (328.0 units)
- Botswana (321.0 units)
- Zimbabwe (283.0 units)
- United States (282.0 units)
- Ghana (253.0 units)
- Cote d'Ivoire (198.0 units)
- Malawi (172.0 units)
- United Arab Emirates (1.0 units)
411
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This report provides an in-depth analysis of the ac/dc motor market in South Africa.
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This report provides an in-depth analysis of the global ac/dc motor market.
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From 2022 to 2023, the import growth of DC Motor remained modest, with imports totaling $82M in 2023 in value terms.
1274
China seized control of the AC/DC motor market. In 2014, China exported X kt of AC/DC motors totaling $X, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total AC/DC motor exports in value term
82
Explore the top import markets for DC motors in 2023 and discover key statistics and insights.
808
In 2016, approx. X tons of motor were imported worldwide- flattening at the previous year level. In general, motor imports continue to indicate a drastic deduction. The pace of growth was the mos...
1201
China continued its dominance in the global motor trade. In 2014, China exported X million units of motors totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total motor ex
