Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Turkey - 2023
Contents:
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Turkey (CIF) - 2023
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Turkey (FOB) - 2022
- Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Turkey
- Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Turkey
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Turkey (CIF) - 2023
In November 2023, the average import price for electric generators amounted to $50,481 per unit, rising by 187% against the previous month. In general, the import price posted buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($119K per unit), while the price for France ($10,960 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+24.7%), 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 Turkey (FOB) - 2022
The average export price for electric generators stood at $63,208 per unit in 2022, which is down by -7.2% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 265%. The export price peaked at $105,408 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ghana ($610,000 per unit), while the average price for exports to Qatar ($71 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 Chile (+563.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Turkey
In 2022, the amount of electric generators imported into Turkey surged to 2.9K units, increasing by 92% compared with the year before. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric generators skyrocketed to $52M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 5.5 | 3.0 | 14.5 | 73.0% |
| Romania | 5.0 | 2.9 | 2.4 | 9.5 | 23.9% |
| Czech Republic | 0.7 | 2.8 | 4.5 | 6.3 | 108.0% |
| Italy | 2.6 | 5.5 | 5.9 | 4.8 | 22.7% |
| France | 1.4 | 1.9 | 1.8 | 3.8 | 39.5% |
| United Kingdom | 0.7 | 0.5 | 0.1 | 3.4 | 69.4% |
| India | 1.4 | 5.2 | 2.7 | 3.0 | 28.9% |
| Others | 6.5 | 6.2 | 4.4 | 7.2 | 3.5% |
| Total | 21.2 | 30.4 | 24.9 | 52.4 | 35.2% |
Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to Turkey in 2022:
- China (1008.0 units)
- Romania (478.0 units)
- India (334.0 units)
- France (262.0 units)
- Italy (251.0 units)
- United Kingdom (214.0 units)
- Czech Republic (211.0 units)
Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Turkey
After three years of growth, shipments abroad of electric generators decreased by -75.8% to 96 units in 2022. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2020 when exports increased by 184% against the previous year. Over the period under review, the exports of attained the peak figure at 396 units in 2021, and then reduced remarkably in the following year.
In value terms, exports of electric generators shrank remarkably to $6.1M in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 256% against the previous year. As a result, the exports reached the peak of $34M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | N/A | N/A | N/A | 2.4 | 0% |
| Germany | 9.0 | 30.1 | 21.3 | 1.6 | -43.8% |
| Georgia | N/A | N/A | N/A | 1.2 | 0% |
| Panama | N/A | N/A | N/A | 0.2 | 0% |
| Italy | N/A | N/A | N/A | 0.1 | 0% |
| Egypt | N/A | N/A | N/A | 0.1 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 0.1 | 0% |
| Greece | N/A | N/A | N/A | 0.1 | 0% |
| China | N/A | 0.1 | 0.8 | 0.1 | 0.0% |
| Chile | N/A | N/A | N/A | N/A | 0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Qatar | N/A | N/A | N/A | N/A | 0% |
| Brazil | N/A | N/A | N/A | N/A | 0% |
| Others | 0.5 | 3.9 | 4.9 | 0.2 | -26.3% |
| Total | 9.6 | 34.1 | 27.0 | 6.1 | -14.0% |
Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from Turkey in 2022:
- Georgia (25.0 units)
- Germany (17.0 units)
- Qatar (10.0 units)
- Greece (7.0 units)
- Ghana (4.0 units)
- Brazil (4.0 units)
- Italy (3.0 units)
- Egypt (3.0 units)
- United Arab Emirates (2.0 units)
- Panama (2.0 units)
- India (2.0 units)
- Chile (2.0 units)
- China (2.0 units)
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