HS Code:
Submersible multi-phase motors under HS Code 8501.53.60 are specialized electrical motors designed for use with pumps, typically in industrial and agricultural applications such as water extraction and irrigation. These motors are cylindrical, with diameters ranging from 22 cm to 35 cm and lengths from 150 cm to 230 cm. They have a power output between 149.2 kW and 150 kW, making them suitable for heavy-duty operations in submerged environments. These products are critical in sectors requiring reliable water management and fluid transfer systems.
Total Trade Volume
USD 320 million
Data from 2022
Source
International Trade Centre (ITC) Trade Map
USD 85 million
26.6% of total trade
Increasing
USD 60 million
18.8% of total trade
Stable
USD 45 million
14.1% of total trade
Increasing
USD 30 million
9.4% of total trade
Stable
USD 25 million
7.8% of total trade
Increasing
Average Rate
6.5%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements like USMCA and EU trade pacts)
Rising demand for energy-efficient motors
Increased adoption of submersible motors with advanced energy-saving technologies, driven by global sustainability goals, boosting market growth by approximately 5% annually.
2021-2023
Growth in agricultural and industrial water management
Higher demand in regions facing water scarcity, such as the Middle East and parts of Asia, leading to a surge in imports of submersible motors for irrigation and desalination projects.
2020-2022
Technological advancements in motor design
Innovations in corrosion-resistant materials and IoT-enabled monitoring systems are enhancing product durability and efficiency, driving competitive pricing and market expansion.
2022-2023
The European Union updated its energy efficiency regulations, mandating stricter standards for industrial motors, including submersible multi-phase motors, to reduce carbon footprints.
July 2023
Manufacturers must adapt to comply with new standards, potentially increasing production costs but also opening opportunities for premium, eco-friendly products.
A new bilateral agreement reduced tariffs on certain industrial goods, including submersible motors, between the US and China as part of broader trade negotiations.
March 2023
This is expected to boost exports from China to the US, potentially increasing market competition and lowering prices for consumers.
India announced incentives for agricultural infrastructure, including subsidies for high-power submersible pumps and motors to support rural water access.
January 2023
Significant rise in domestic demand and imports of submersible motors, positioning India as a key growth market for global suppliers.