Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Serbia - 2023
Contents:
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Serbia (FOB) - 2023
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Serbia (CIF) - 2022
- Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Serbia
- Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Serbia
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Serbia (FOB) - 2023
The average export price for electric generators stood at $83,031 per unit in November 2023, surging by 12% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 18% against the previous month. Over the period under review, the average export prices reached the peak figure in November 2023.
As there is only one major export destination, the average price level is determined by prices for Germany.
From November 2022 to November 2023, the rate of growth in terms of prices for Germany amounted to +1.5% per month.
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Serbia (CIF) - 2022
The average import price for electric generators stood at $32,611 per unit in 2022, rising by 9.4% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 61,740% against the previous year. Over the period under review, average import prices attained the peak figure at $49,793 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 ($140,378 per unit), while the price for the UK ($14,967 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+94.5%), 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 Serbia
In 2022, exports of electric generators from Serbia declined to 1.5K units, falling by -7.8% compared with the previous year's figure. Over the period under review, exports recorded a pronounced decline. The pace of growth appeared the most rapid in 2021 when exports increased by 4%. Over the period under review, the exports of hit record highs at 1.7K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electric generators fell to $100M in 2022. Overall, exports showed a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 6.1%. The exports peaked at $111M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 48.9 | 41.8 | 46.4 | 99.3 | 26.6% |
| China | 2.3 | 2.0 | 2.0 | N/A | -6.7% |
| United States | 17.1 | 11.3 | 4.7 | N/A | -47.6% |
| Others | 42.4 | 48.2 | 56.6 | 0.3 | -80.8% |
| Total | 111 | 103 | 110 | 99.5 | -3.6% |
Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from Serbia in 2022:
- Germany (1470.0 units)
Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Serbia
In 2022, approx. 25 units of electric generators were imported into Serbia; shrinking by -26.5% compared with the year before. Overall, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 100% against the previous year. Imports peaked at 890 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of electric generators shrank dramatically to $815K in 2022. Over the period under review, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 27,239%. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 9.1 | N/A | 3.4 | 380 | 246.9% |
| Germany | 923 | 0.1 | 5.0 | 281 | -32.7% |
| United Kingdom | 30.6 | N/A | 4.5 | 74.8 | 34.7% |
| Italy | 443 | N/A | 2.1 | 63.8 | -47.6% |
| China | 1,642 | 0.4 | 38.9 | 15.8 | -78.7% |
| Russia | 7,264 | 2.6 | 529 | N/A | -73.0% |
| Slovenia | 166 | N/A | 0.6 | N/A | -94.0% |
| Others | 2,492 | 0.6 | 430 | N/A | -58.5% |
| Total | 12,970 | 3.7 | 1,013 | 815 | -60.2% |
Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to Serbia in 2022:
- Spain (14.0 units)
- United Kingdom (5.0 units)
- Italy (3.0 units)
- Germany (2.0 units)
- China (1.0 units)
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