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

Contents:

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

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

The average import price for electric generators stood at $45,315 per unit in 2022, with an increase of 116% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of 166%. The import price peaked at $59,584 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($45,763 per unit) and China ($45,218 per unit), while the price for India ($44,180 per unit) and South Korea ($44,804 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+84.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for electric generators amounted to $45,506 per unit, increasing by 1,843% against the previous year. In general, the export price showed a strong increase. Over the period under review, the average export prices reached the maximum at $330,084 per unit in 2019; however, from 2020 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 Colombia ($54,224 per unit), while the average price for exports to Peru ($6,871 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 Panama (+24.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth year in a row, Ecuador recorded growth in purchases abroad of electric generators, which increased by 85% to 312 units in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 200%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electric generators skyrocketed to $14M in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 697%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1871,4352,3458,320254.3%
United Kingdom1.335.21192,0291060.0%
Austria16.11513021,602363.4%
South Korea0.815.9141986972.2%
India9.488.4176928362.2%
Others23.6170470274126.4%
Total2381,8963,55314,138290.2%

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

  1. China (184.0 units)
  2. United Kingdom (45.0 units)
  3. Austria (35.0 units)
  4. South Korea (22.0 units)
  5. India (21.0 units)

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

In 2022, the amount of electric generators exported from Ecuador skyrocketed to 11 units, surging by 267% compared with 2021. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric generators skyrocketed to $501K in 2022. In general, exports, however, showed a deep setback. The exports peaked at $660K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PanamaN/AN/AN/A2770%
Colombia1093316.721725.8%
PeruN/AN/AN/A6.90%
SpainN/A2.70.1N/A-96.3%
United States6.7N/AN/AN/A0%
Others544N/A0.1N/A-98.6%
Total6603347.0501-8.8%

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

  1. Panama (6.0 units)
  2. Colombia (4.0 units)
  3. Peru (1.0 units)

Source: IndexBox Market Intelligence Platform

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