Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Azerbaijan - 2023
Contents:
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Azerbaijan (CIF) - 2022
- Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Azerbaijan (FOB) - 2022
- Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Azerbaijan
- Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Azerbaijan
Price for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Azerbaijan (CIF) - 2022
The average import price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $19,201 per unit in 2022, rising by 4% against the previous year. In general, the import price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2017 an increase of 51% against the previous year. The import price peaked at $29,345 per unit in 2014; however, from 2015 to 2022, 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 the UK ($61,668 per unit), while the price for Turkey ($2,446 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.6%), 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 Azerbaijan (FOB) - 2022
The average export price for electric motors; AC motors, multi-phase, of an output exceeding 75kWs stood at $10,703 per unit in 2022, surging by 155% against the previous year. In general, the export price, however, showed a dramatic contraction. Over the period under review, the average export prices reached the maximum at $119,665 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($17,000 per unit), while the average price for exports to Kazakhstan totaled $4,406 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-0.2%).
Imports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Azerbaijan
In 2022, overseas purchases of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by -33.6% to 101 units, falling for the second year in a row after two years of growth. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. As a result, imports attained the peak of 334 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs dropped significantly to $1.9M in 2022. In general, imports faced a deep slump. The growth pace was the most rapid in 2020 with an increase of 52% against the previous year. As a result, imports attained the peak of $5.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,213 | 85.0 | 50.1 | 688 | -17.2% |
| United States | 68.0 | 2,694 | 525 | 392 | 79.3% |
| China | 267 | 288 | 3.1 | 247 | -2.6% |
| Russia | 1,270 | 1,282 | 472 | 240 | -42.6% |
| United Kingdom | N/A | 9.2 | 717 | 123 | 265.6% |
| Turkey | 52.1 | 198 | 43.1 | 68.5 | 9.6% |
| United Arab Emirates | 406 | N/A | 17.0 | N/A | -79.5% |
| Others | 200 | 721 | 978 | 180 | -3.5% |
| Total | 3,476 | 5,277 | 2,806 | 1,939 | -17.7% |
Top Suppliers of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW to Azerbaijan in 2022:
- Turkey (28.0 units)
- Russia (24.0 units)
- Italy (23.0 units)
- United States (8.0 units)
- China (8.0 units)
- United Kingdom (2.0 units)
Exports of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Azerbaijan
In 2022, overseas shipments of electric motors; AC motors, multi-phase, of an output exceeding 75kWs decreased by 0% to 2 units, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 533% against the previous year. As a result, the exports attained the peak of 19 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of electric motors; AC motors, multi-phase, of an output exceeding 75kWs surged to $21K in 2022. Overall, exports recorded a significant curtailment. The exports peaked at $72K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 17.0 | 0% |
| Kazakhstan | 13.9 | N/A | N/A | 4.4 | -31.8% |
| Russia | N/A | 49.9 | 8.4 | N/A | -83.2% |
| Netherlands | N/A | 22.4 | N/A | N/A | 0% |
| United Kingdom | 37.9 | N/A | N/A | N/A | 0% |
| Georgia | 3.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 54.7 | 72.2 | 8.4 | 21.4 | -26.9% |
Top Export Markets for Electric Motors; AC Motors, Multi-Phase, of an Output Exceeding 75kW from Azerbaijan in 2022:
- Turkey (1.0 units)
- Kazakhstan (1.0 units)
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