HS Code:
Submersible multi-phase motors designed for use with pumps, cylindrical in shape, with a diameter exceeding 12 cm but not exceeding 18 cm, and a length exceeding 63 cm but not exceeding 80 cm, and having a power output exceeding 3 kW but not exceeding 14.92 kW (classified under HS subheading 8501.52.40). These motors are primarily used in industrial and agricultural applications for water pumping systems, including irrigation, wastewater management, and other fluid transfer processes. They are engineered for submersion in liquids, offering durability and efficiency in harsh environments.
Total Trade Volume
USD 1.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12.5% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU Single Market)
Growing demand for energy-efficient motors
Increased adoption of submersible motors with higher efficiency ratings due to global sustainability goals, driving innovation and market growth.
2021-2023
Rising agricultural mechanization in developing countries
Higher demand for submersible motors in irrigation systems, particularly in regions like South Asia and Sub-Saharan Africa.
2020-2022
Supply chain disruptions
Delays in production and shipping due to global logistics challenges and raw material shortages, leading to price increases.
2021-2022
The European Union introduced stricter energy efficiency regulations under the Green Deal, mandating higher standards for submersible motors starting in 2023.
January 2023
Manufacturers must invest in R&D to comply, potentially increasing costs but also opening opportunities for premium, eco-friendly products.
Additional tariffs imposed by the US on Chinese-made submersible motors as part of ongoing trade disputes.
March 2022
Shift in supply chains with US importers sourcing more from alternative countries like Mexico and India.
Introduction of IoT-enabled submersible motors for real-time monitoring and predictive maintenance by major manufacturers.
September 2022
Increased market competitiveness for tech-savvy manufacturers, appealing to industrial buyers seeking operational efficiency.