Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Azerbaijan - 2023
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Azerbaijan (CIF) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Azerbaijan
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Azerbaijan (CIF) - 2022
In 2022, the average import price for electric motors and generators amounted to $2,668 per unit, waning by -17.7% against the previous year. Over the period under review, the import price showed a deep slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 132% against the previous year. As a result, import price attained the peak level of $16,132 per unit. From 2015 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 the United States ($11,310 per unit), while the price for Russia ($176 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Azerbaijan
In 2022, overseas purchases of electric motors and generators decreased by -53.3% to 42 units, falling for the second consecutive year after two years of growth. In general, imports, however, saw a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by 328%. As a result, imports attained the peak of 137 units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of electric motors and generators fell rapidly to $112K in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 598% against the previous year. As a result, imports attained the peak of $383K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 63.5 | 93.2 | 48.6 | 165.4% |
| Turkey | 4.2 | 173 | 110 | 19.3 | 66.3% |
| Georgia | 9.8 | 26.6 | 20.8 | 8.7 | -3.9% |
| United Kingdom | 13.5 | 32.6 | 22.6 | 8.4 | -14.6% |
| Germany | 0.6 | 7.3 | 9.8 | 7.2 | 128.9% |
| Norway | 6.4 | 22.2 | 1.0 | 4.5 | -11.1% |
| Russia | 4.5 | 11.1 | 7.1 | 3.5 | -8.0% |
| Italy | 12.7 | 19.1 | 7.9 | 0.4 | -68.4% |
| Netherlands | 0.3 | 0.8 | 0.6 | 0.2 | -12.6% |
| Others | 0.3 | 26.3 | 18.6 | 11.3 | 235.2% |
| Total | 54.9 | 383 | 292 | 112 | 26.8% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Azerbaijan in 2022:
- Russia (20.0 units)
- China (6.0 units)
- Germany (5.0 units)
- Turkey (3.0 units)
- Georgia (3.0 units)
- Italy (1.0 units)
- United Kingdom (1.0 units)
- Netherlands (1.0 units)
- Norway (1.0 units)
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This report provides an in-depth analysis of the dc motor market in Azerbaijan.
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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...
1198
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
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