Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Slovenia - 2023

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Slovenia (FOB) - 2023
  2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Slovenia (CIF) - 2022
  3. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Slovenia
  4. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Slovenia

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Slovenia (FOB) - 2023

In December 2023, the average export price for electric motors and generators amounted to $24.0 per unit, with an increase of 7.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in April 2023 an increase of 14% m-o-m. Over the period under review, the average export prices hit record highs at $24.5 per unit in October 2023; however, from November 2023 to December 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Brazil ($15.5 per unit), while the average price for exports to Switzerland stood at $4.8 per unit.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for electric motors and generators stood at $10 per unit in 2022, reducing by -1.6% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electric motors and generators increased by +108.4% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 55%. Over the period under review, average import prices hit record highs at $11 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($39 per unit), while the price for Germany ($4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Slovenia

In 2022, exports of electric motors and generators from Slovenia rose notably to 5.5M units, growing by 9.1% compared with 2021. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of electric motors and generators totaled $105M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 31% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland23.124.933.831.811.2%
Austria9.310.412.914.114.9%
Germany7.68.78.810.210.3%
Romania6.59.612.27.96.7%
Italy3.13.05.66.628.6%
Hungary4.66.64.84.60.0%
SlovakiaN/A0.32.03.9260.6%
Others16.815.222.526.015.7%
Total71.078.610310513.9%

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Slovenia in 2022:

  1. Poland (1446.3K units)
  2. Romania (712.9K units)
  3. Italy (602.0K units)
  4. Austria (599.5K units)
  5. Slovakia (517.0K units)
  6. Germany (502.7K units)
  7. Hungary (292.0K units)

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

After two years of decline, supplies from abroad of electric motors and generators increased by 6.9% to 3.8M units in 2022. Overall, imports, however, recorded a abrupt descent. Imports peaked at 5.9M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electric motors and generators expanded sharply to $40M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.4% 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 +54.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Import of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Slovenia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.611.817.516.211.8%
Bosnia and Herzegovina0.82.77.46.7103.1%
Germany2.73.76.06.131.2%
South KoreaN/A0.32.13.6246.4%
Slovakia7.33.5N/A2.4-31.0%
Austria0.20.61.81.491.3%
Taiwan (Chinese)0.70.40.50.84.6%
Others6.42.82.72.7-25.0%
Total29.825.838.040.010.3%

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

  1. Germany (1515.8K units)
  2. Slovakia (587.9K units)
  3. China (580.2K units)
  4. Bosnia and Herzegovina (555.1K units)
  5. South Korea (236.6K units)
  6. Austria (159.2K units)
  7. Taiwan (Chinese) (79.0K units)

Source: IndexBox Market Intelligence Platform

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