Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in India - 2023

Contents:

1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in India (CIF) - 2022
2. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in India (FOB) - 2022
3. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in India
4. Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in India

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in India (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $631 per unit, falling by -1.9% against the previous year. In general, the import price saw a precipitous slump. The growth pace was the most rapid in 2013 an increase of 34% against the previous year. As a result, import price reached the peak level of $10,139 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 Japan ($4,209 per unit), while the price for China ($222 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-2.4%), while the prices for the other major suppliers experienced a decline.

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in India (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $18,748 per unit, rising by 20% against the previous year. In general, the export price posted buoyant growth. The pace of growth was the most pronounced in 2013 an increase of 104%. As a result, the export price reached the peak level of $19,271 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($34,965 per unit), while the average price for exports to the UK ($2,606 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 Yemen (+43.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in India

In 2022, the amount of electric motors and generators imported into India soared to 8.3K units, with an increase of 193% against 2021 figures. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of electric motors and generators soared to $5.2M in 2022. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to India in 2022:

1. China (6.5K units)
2. Japan (0.5K units)
3. France (0.5K units)
4. United States (0.3K units)
5. Singapore (0.2K units)
6. United Arab Emirates (0.1K units)
7. Germany (0.1K units)

Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in India

In 2022, approx. 266 units of electric motors and generators were exported from India; increasing by 18% on the previous year's figure. In general, exports, however, continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 57%. The exports peaked at 933 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of electric motors and generators surged to $5M in 2022. Overall, exports, however, faced a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 96% against the previous year. The exports peaked at $8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from India in 2022:

1. United States (90.0 units)
2. United Arab Emirates (39.0 units)
3. Bangladesh (22.0 units)
4. Nigeria (21.0 units)
5. Nepal (16.0 units)
6. South Africa (8.0 units)
7. France (8.0 units)
8. Saudi Arabia (7.0 units)
9. Kenya (7.0 units)
10. Algeria (6.0 units)
11. United Kingdom (5.0 units)
12. Turkey (3.0 units)
13. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform