Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China - 2023

Contents:

  1. Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China (FOB) - 2022
  2. Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China (CIF) - 2022
  3. Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China
  4. Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China

Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China (FOB) - 2022

The average export price for electric generators stood at $70,620 per unit in 2022, which is down by -10.2% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 electric generators increased by +11.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 56%. Over the period under review, the average export prices attained the maximum at $84,457 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($280,666 per unit), while the average price for exports to Peru ($15,685 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 States (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China (CIF) - 2022

In 2022, the average import price for electric generators amounted to $163,429 per unit, with a decrease of -21.2% against the previous year. Overall, the import price, however, continues to indicate a mild increase. The growth pace was the most rapid in 2019 when the average import price increased by 61%. The import price peaked at $221,191 per unit in 2020; however, from 2021 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 Germany ($485,253 per unit), while the price for India ($25,820 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China

In 2022, the amount of electric generators exported from China rose notably to 14K units, surging by 13% compared with the year before. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of electric generators totaled $1B in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 69%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States63.633.312720547.7%
Finland2.04.82.0102270.8%
SwedenN/AN/A41.390.8119.9%
Colombia0.10.19.959.1739.2%
India21.926.746.053.534.7%
Peru0.48.10.239.2361.0%
South Korea11.113.319.030.439.9%
Italy4.42.026.326.982.9%
DjiboutiN/AN/A15.019.731.3%
Poland0.10.192.916.4447.4%
Vietnam16.225.327014.4-3.9%
Turkey2.14.04.39.867.1%
Argentina30.8N/A0.20.1-85.2%
Others2964753463445.1%
Total4485931,0001,01131.2%

Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from China in 2022:

  1. Colombia (3.3K units)
  2. Peru (2.5K units)
  3. Sweden (1.6K units)
  4. Finland (0.9K units)
  5. India (0.8K units)
  6. Poland (0.7K units)
  7. United States (0.7K units)
  8. Italy (0.4K units)
  9. South Korea (0.4K units)
  10. Turkey (0.2K units)
  11. Djibouti (0.2K units)
  12. Vietnam (0.2K units)

Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China

In 2022, approx. 510 units of electric generators were imported into China; falling by -17.9% compared with 2021. Overall, imports showed a perceptible downturn. The pace of growth was the most pronounced in 2021 when imports increased by 21%. As a result, imports attained the peak of 621 units, and then declined significantly in the following year.

In value terms, imports of electric generators shrank sharply to $83M in 2022. In general, imports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2020 with an increase of 26%. Over the period under review, imports of attained the peak figure at $129M in 2021, and then contracted markedly in the following year.

Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16.912.314.316.0-1.8%
United States13.211.06.49.5-10.4%
Spain9.710.522.57.6-7.8%
France3.13.15.87.333.0%
SerbiaN/A4.67.24.3-3.3%
Japan2.44.36.94.119.5%
VietnamN/AN/A0.82.8250.0%
IndiaN/A0.40.32.5150.0%
South Korea7.41.51.32.0-35.3%
Romania7.74.52.61.7-39.6%
United Kingdom0.73.00.10.1-47.7%
Norway17.1N/AN/AN/A0%
Others12.058.760.525.528.6%
Total90.111412983.3-2.6%

Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to China in 2022:

  1. United States (99.0 units)
  2. India (98.0 units)
  3. Serbia (46.0 units)
  4. France (35.0 units)
  5. Germany (33.0 units)
  6. South Korea (33.0 units)
  7. Japan (31.0 units)
  8. Romania (29.0 units)
  9. Vietnam (27.0 units)
  10. Spain (24.0 units)
  11. United Kingdom (2.0 units)

Source: IndexBox Market Intelligence Platform

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