Australia - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEngine Generator Price in Australia - 2023
Contents:
- Engine Generator Price in Australia (CIF) - 2023
- Engine Generator Price in Australia (FOB) - 2022
- Engine Generator Imports in Australia
- Engine Generator Exports in Australia
Engine Generator Price in Australia (CIF) - 2023
In September 2023, the average engine generator import price amounted to $110 per unit, dropping by -17.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 70% m-o-m. As a result, import price attained the peak level of $180 per unit. From May 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($453 per unit), while the price for Mexico ($60.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Engine Generator Price in Australia (FOB) - 2022
The average engine generator export price stood at $239 per unit in 2022, jumping by 23% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 46%. The export price peaked at $301 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($312 per unit), while the average price for exports to Belgium ($37 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 the United Arab Emirates (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Engine Generator Imports in Australia
In 2022, imports of generators for internal combustion engines into Australia surged to 674K units, increasing by 23% against the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +15.4% 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 +53.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, engine generator imports expanded remarkably to $77M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Engine Generator in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.3 | 15.2 | 20.9 | 27.6 | 24.5% |
United States | 14.9 | 11.5 | 13.9 | 19.1 | 8.6% |
Japan | 8.0 | 8.8 | 9.3 | 9.4 | 5.5% |
Mexico | 2.4 | 3.1 | 4.1 | 4.0 | 18.6% |
Spain | 2.1 | 2.9 | 3.2 | 2.2 | 1.6% |
South Korea | 2.5 | 1.7 | 1.9 | 1.7 | -12.1% |
Taiwan (Chinese) | 6.5 | 6.2 | 2.9 | 1.4 | -40.1% |
Others | 9.6 | 10.0 | 11.9 | 11.9 | 7.4% |
Total | 60.3 | 59.4 | 68.1 | 77.3 | 8.6% |
Top Suppliers of Engine Generator to Australia in 2022:
- China (459.0K units)
- Japan (45.8K units)
- United States (43.2K units)
- Taiwan (Chinese) (26.6K units)
- Spain (17.4K units)
- South Korea (15.1K units)
- Mexico (12.6K units)
Engine Generator Exports in Australia
In 2022, exports of generators for internal combustion engines from Australia reduced to 41K units, approximately mirroring 2021 figures. In general, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. The exports peaked at 44K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, engine generator exports soared to $9.9M in 2022. The total export value increased at an average annual rate of +11.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Engine Generator in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 1,823 | 2,518 | 3,328 | 2,815 | 15.6% |
United States | 1,193 | 953 | 1,251 | 2,102 | 20.8% |
Papua New Guinea | 1,493 | 878 | 1,305 | 934 | -14.5% |
Japan | 94.9 | 3.6 | 3.0 | 705 | 95.1% |
Germany | 37.9 | 184 | 398 | 631 | 155.3% |
China | 195 | 151 | 219 | 64.0 | -31.0% |
Belgium | 45.7 | 19.1 | 65.6 | 32.8 | -10.5% |
Others | 2,166 | 2,281 | 1,436 | 2,583 | 6.0% |
Total | 7,049 | 6,987 | 8,005 | 9,866 | 11.9% |
Top Export Markets for Engine Generator from Australia in 2022:
- New Zealand (22.8K units)
- United States (6.7K units)
- Papua New Guinea (3.6K units)
- Japan (2.5K units)
- Germany (2.1K units)
- Belgium (0.9K units)
- China (0.4K units)
This report provides an in-depth analysis of the engine generator market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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During the review period, the imports of Engine Generator recorded a peak of 78K units in November 2022. However, from December 2022 to November 2023, the import volume remained slightly lower. In terms of value, the imports of Engine Generator experienced a significant surge, reaching $7.1M in November 2023.
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In 2016, the global engine generator imports totaled X tons, increasing by X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
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During the review period, the imports of Engine Generator recorded a peak of 78K units in November 2022. However, from December 2022 to November 2023, the import volume remained slightly lower. In terms of value, the imports of Engine Generator experienced a significant surge, reaching $7.1M in November 2023.
Imports of Spark Plugs increased significantly to $3.9M in September 2023, after experiencing a lack of growth from July to September 2023.