Price for Electric Motors; AC Motors, Single-Phase in the Czech Republic - 2023
Contents:
- Price for Electric Motors; AC Motors, Single-Phase in the Czech Republic (CIF) - 2023
- Price for Electric Motors; AC Motors, Single-Phase in the Czech Republic (FOB) - 2023
- Imports of Electric Motors; AC Motors, Single-Phase in the Czech Republic
- Exports of Electric Motors; AC Motors, Single-Phase in the Czech Republic
Price for Electric Motors; AC Motors, Single-Phase in the Czech Republic (CIF) - 2023
In June 2023, the average import price for electric motors; AC motors, single-phases amounted to $32.8 per unit, dropping by -2.6% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.7%. The growth pace was the most rapid in May 2023 an increase of 32% month-to-month. As a result, import price reached the peak level of $33.7 per unit, and then declined slightly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was France ($62.1 per unit), while the price for China ($15.7 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Motors; AC Motors, Single-Phase in the Czech Republic (FOB) - 2023
The average export price for electric motors; AC motors, single-phases stood at $21.4 per unit in June 2023, reducing by -2.2% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in August 2022 an increase of 15% against the previous month. The export price peaked at $21.9 per unit in May 2023, and then fell in the following month.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Slovakia ($56.6 per unit), while the average price for exports to the UK ($14.1 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; AC Motors, Single-Phase in the Czech Republic
In 2022, approx. 1.7M units of electric motors; AC motors, single-phases were imported into the Czech Republic; declining by -22.6% compared with the previous year. In general, imports saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of 2.2M units, and then contracted notably in the following year.
In value terms, electric motors; AC motors, single-phase imports dropped to $62M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 41%. As a result, imports attained the peak of $67M, and then dropped in the following year.
| Import of Electric Motors; AC Motors, Single-Phase in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.1 | 30.0 | 35.2 | 31.1 | 3.4% |
| France | 4.9 | 3.0 | 13.8 | 11.3 | 32.1% |
| China | 9.2 | 6.4 | 7.5 | 9.3 | 0.4% |
| Italy | 2.8 | 3.0 | 3.8 | 2.9 | 1.2% |
| Serbia | 6.5 | 0.2 | 0.1 | 0.1 | -75.1% |
| Others | 4.9 | 5.0 | 6.7 | 7.0 | 12.6% |
| Total | 56.4 | 47.6 | 67.1 | 61.8 | 3.1% |
Top Suppliers of Electric Motors; AC Motors, Single-Phase to the Czech Republic in 2022:
- Germany (1033.3K units)
- China (331.8K units)
- France (207.1K units)
- Italy (47.2K units)
- Serbia (2.5K units)
Exports of Electric Motors; AC Motors, Single-Phase in the Czech Republic
In 2022, exports of electric motors; AC motors, single-phases from the Czech Republic rose modestly to 3M units, with an increase of 3.6% compared with 2021. In general, exports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 9.5%. Over the period under review, the exports reached the peak figure at 4.3M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, electric motors; AC motors, single-phase exports rose slightly to $65M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 30%. The exports peaked at $66M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electric Motors; AC Motors, Single-Phase in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.7 | 16.4 | 19.3 | 17.9 | -7.6% |
| Italy | 16.0 | 11.7 | 14.8 | 15.9 | -0.2% |
| United Kingdom | 6.4 | 4.8 | 9.1 | 12.6 | 25.3% |
| Turkey | 2.7 | 3.2 | 3.2 | 4.0 | 14.0% |
| Poland | 1.7 | 1.5 | 2.0 | 2.8 | 18.1% |
| Hungary | 1.5 | 1.6 | 2.2 | 1.8 | 6.3% |
| Austria | 2.4 | 0.8 | 1.2 | 1.2 | -20.6% |
| Romania | 0.6 | 0.9 | 0.9 | 0.8 | 10.1% |
| Others | 11.9 | 7.3 | 10.2 | 7.9 | -12.8% |
| Total | 65.9 | 48.4 | 62.8 | 64.9 | -0.5% |
Top Export Markets for Electric Motors; AC Motors, Single-Phase from the Czech Republic in 2022:
- United Kingdom (1254.4K units)
- Italy (622.4K units)
- Germany (496.9K units)
- Turkey (115.3K units)
- Hungary (109.0K units)
- Poland (83.8K units)
- Romania (53.2K units)
- Austria (45.9K units)
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1210
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