Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Paraguay - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Paraguay (CIF) - 2022
  2. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Paraguay

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Paraguay (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $77 per unit, dropping by -4.5% against the previous year. In general, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 10%. The import price peaked at $143 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($76 per unit) and the United States ($76 per unit), while the price for Argentina ($75 per unit) and Italy ($75 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-2.9%), while the prices for the other major suppliers experienced a decline.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Paraguay

In 2022, imports of electric motors and generators into Paraguay surged to 9.5K units, picking up by 39% compared with the previous year's figure. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 43% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of electric motors and generators skyrocketed to $732K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.7% 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 +89.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China77.673.516927552.5%
Brazil42.335.995.611338.8%
United States11818712378.1-12.9%
South Korea6.74.037.751.096.7%
Germany38.752.040.738.1-0.5%
United Arab EmiratesN/AN/AN/A36.00%
Canada0.40.10.225.7300.5%
France8.31.36.612.514.6%
Switzerland13.42.99.811.4-5.2%
Italy32.05.43.15.0-46.1%
Others49.280.665.086.620.7%
Total38644355173223.8%

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Paraguay in 2022:

  1. China (3599.0 units)
  2. Brazil (1474.0 units)
  3. United States (1022.0 units)
  4. South Korea (668.0 units)
  5. Germany (499.0 units)
  6. United Arab Emirates (478.0 units)
  7. Canada (338.0 units)
  8. France (164.0 units)
  9. Switzerland (150.0 units)
  10. Italy (66.0 units)

Source: IndexBox Market Intelligence Platform

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