Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China - 2023
Contents:
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China (FOB) - 2022
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China (CIF) - 2022
- Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China
- Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China (FOB) - 2022
In 2022, the average export price for generators amounted to $285 per unit, dropping by -7.9% against the previous year. In general, export price indicated notable growth 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, export price for generators increased by +25.4% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 37%. The export price peaked at $309 per unit in 2021, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($550 per unit), while the average price for exports to India ($43 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 Myanmar (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China (CIF) - 2022
The average import price for generators stood at $610 per unit in 2022, with a decrease of -14.4% against the previous year. Overall, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the maximum at $982 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,797 per unit), while the price for Taiwan (Chinese) ($55 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China
In 2022, the amount of generators exported from China surged to 820K units, increasing by 16% on the previous year. The total export volume increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of generators expanded notably to $234M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 47.0 | 36.7 | 70.5 | 73.0 | 15.8% |
| Germany | 5.6 | 5.2 | 7.9 | 17.5 | 46.2% |
| Turkey | 7.1 | 5.6 | 11.1 | 13.5 | 23.9% |
| Nigeria | 12.5 | 7.4 | 9.2 | 8.5 | -12.1% |
| Indonesia | 8.0 | 6.5 | 6.9 | 8.1 | 0.4% |
| Iraq | 3.3 | 2.6 | 4.9 | 5.9 | 21.4% |
| South Africa | 3.1 | 2.8 | 3.6 | 5.2 | 18.8% |
| Myanmar | 2.5 | 7.8 | 4.0 | 5.0 | 26.0% |
| Thailand | 3.3 | 4.0 | 6.3 | 4.8 | 13.3% |
| United Arab Emirates | 1.7 | 4.2 | 4.2 | 3.9 | 31.9% |
| Russia | 1.2 | 1.3 | 2.1 | 3.9 | 48.1% |
| Vietnam | 5.0 | 3.9 | 3.2 | 3.4 | -12.1% |
| India | 1.6 | 1.1 | 3.8 | 2.0 | 7.7% |
| Others | 55.1 | 61.8 | 81.9 | 79.0 | 12.8% |
| Total | 157 | 151 | 220 | 234 | 14.2% |
Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from China in 2022:
- United States (157.8K units)
- Germany (124.1K units)
- India (46.1K units)
- Myanmar (41.4K units)
- Thailand (36.7K units)
- South Africa (28.2K units)
- Russia (26.1K units)
- Turkey (24.6K units)
- Indonesia (24.1K units)
- Vietnam (23.3K units)
- Nigeria (20.0K units)
- Iraq (19.2K units)
- United Arab Emirates (13.3K units)
Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China
In 2022, approx. 39K units of generators were imported into China; declining by -12.2% against the previous year. Overall, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by 32%. As a result, imports reached the peak of 45K units, and then declined in the following year.
In value terms, imports of generators shrank significantly to $24M in 2022. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. Over the period under review, imports of reached the maximum at $32M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.9 | 13.5 | 10.5 | 12.4 | -1.3% |
| Italy | 4.4 | 2.7 | 2.7 | 4.2 | -1.5% |
| Germany | 3.3 | 4.6 | 3.1 | 2.3 | -11.3% |
| Japan | 1.0 | 0.9 | 2.1 | 1.4 | 11.9% |
| Taiwan (Chinese) | 1.0 | 0.6 | 1.3 | 1.1 | 3.2% |
| Finland | 0.4 | 0.3 | 0.4 | 0.8 | 26.0% |
| South Korea | 0.2 | 0.5 | 0.6 | 0.2 | 0.0% |
| Slovenia | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Malaysia | 3.9 | 1.9 | N/A | N/A | -51.3% |
| Others | 5.0 | 2.2 | 11.0 | 1.4 | -34.6% |
| Total | 32.1 | 27.2 | 31.8 | 23.9 | -9.4% |
Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to China in 2022:
- Taiwan (Chinese) (20.6K units)
- Italy (10.2K units)
- Japan (1.7K units)
- United States (1.6K units)
- South Korea (1.2K units)
- Slovenia (1.0K units)
- Finland (0.8K units)
- Germany (0.7K units)
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