Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland - 2023

Contents:

  1. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland (CIF) - 2022
  2. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland (FOB) - 2022
  3. Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland
  4. Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland (CIF) - 2022

The average import price for generators stood at $860 per unit in 2022, remaining constant against the previous year. In general, the import price enjoyed a mild expansion. The pace of growth appeared the most rapid in 2017 an increase of 57% against the previous year. Over the period under review, average import prices attained the maximum at $1,131 per unit in 2019; however, from 2020 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 Spain ($2,507 per unit), while the price for Denmark ($153 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland (FOB) - 2022

The average export price for generators stood at $14,161 per unit in 2022, increasing by 87% against the previous year. In general, the export price saw a significant increase. The pace of growth was the most pronounced in 2018 an increase of 318% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($19,292 per unit), while the average price for exports to Lithuania ($528 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 India (+1,272.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland

In 2022, imports of generators into Finland declined to 3K units, which is down by -13.9% on the previous year. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 782% against the previous year. As a result, imports attained the peak of 3.5K units, and then fell in the following year.

In value terms, imports of generators contracted to $2.6M in 2022. Over the period under review, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 765%. As a result, imports attained the peak of $2.9M, and then shrank in the following year.

Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom4.43.5367466373.1%
China1.48.914.7177401.9%
Italy16112178.4152-1.9%
Germany81.335.344.985.21.6%
United States7563.926178.9-52.9%
BelgiumN/A82.262.945.7-25.4%
Netherlands1.312.80.315.9130.4%
Spain71.026.52,0562.5-67.2%
Hungary48.5N/AN/AN/A0%
Others11246.565.31,549140.0%
Total1,2373412,9502,57427.7%

Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Finland in 2022:

  1. United Kingdom (1548.0 units)
  2. China (658.0 units)
  3. Italy (209.0 units)
  4. Germany (187.0 units)
  5. United States (113.0 units)
  6. Netherlands (100.0 units)
  7. Belgium (69.0 units)
  8. Spain (1.0 units)

Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland

Exports of generators from Finland surged to 91 units in 2022, increasing by 15% compared with 2021 figures. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of generators surged to $1.3M in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 317% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia39.631.720.3637152.4%
United States2.63.029.7110248.4%
AustraliaN/AN/AN/A57.90%
BrazilN/AN/AN/A50.80%
IndiaN/AN/AN/A24.50%
ChinaN/AN/A32422.4-93.1%
Norway8.115.58.321.037.4%
KazakhstanN/AN/AN/A12.90%
Belgium4.08.94.62.3-16.8%
Netherlands204N/AN/AN/A0%
SwitzerlandN/A64.7N/AN/A0%
United Arab Emirates12.3N/AN/AN/A0%
Others40.120.0213351106.1%
Total3111445991,28960.6%

Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Finland in 2022:

  1. Russia (33.0 units)
  2. United States (17.0 units)
  3. Australia (8.0 units)
  4. Brazil (5.0 units)
  5. India (5.0 units)
  6. Kazakhstan (3.0 units)
  7. China (2.0 units)
  8. Belgium (2.0 units)
  9. Norway (2.0 units)

Source: IndexBox Market Intelligence Platform

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