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

Contents:

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

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

In 2022, the average import price for generators amounted to $886 per unit, picking up by 6% against the previous year. Overall, the import price enjoyed moderate growth. The most prominent rate of growth was recorded in 2018 an increase of 101%. As a result, import price reached the peak level of $3,583 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($3,533 per unit), while the price for China amounted to $624 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.3%).

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

The average export price for generators stood at $2,453 per unit in 2022, growing by 7% against the previous year. In general, the export price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in 2018 an increase of 121%. The export price peaked at $3,231 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,603 per unit), while the average price for exports to the United States totaled $217 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+12.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of generators, when their volume decreased by -62% to 1.1K units. Overall, imports, however, posted a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 105% against the previous year. Over the period under review, imports of attained the maximum at 2.9K units in 2021, and then contracted rapidly in the following year.

In value terms, imports of generators contracted notably to $991K in 2022. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 with an increase of 90% against the previous year. Over the period under review, imports of hit record highs at $2.5M in 2021, and then fell sharply in the following year.

Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2004631,32265248.3%
Japan331448617223-12.3%
United Arab Emirates3782470.2N/A-97.7%
Others3121,162518116-28.1%
Total1,2202,3202,458991-6.7%

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

  1. China (1045.0 units)
  2. Japan (63.0 units)

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

After three years of growth, shipments abroad of generators decreased by -75% to 270 units in 2022. Overall, exports showed a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by 129%. Over the period under review, the exports of hit record highs at 1.1K units in 2021, and then declined notably in the following year.

In value terms, exports of generators declined remarkably to $662K in 2022. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2021 when exports increased by 117% against the previous year. As a result, the exports reached the peak of $2.5M, and then shrank significantly in the following year.

Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6261,0561,6346591.7%
United States8.312.712.03.7-23.6%
Burkina FasoN/AN/A626N/A0%
SingaporeN/AN/A188N/A0%
Pakistan46.673.0N/AN/A56.7%
Others2512.021.3N/A-70.9%
Total9321,1432,481662-10.8%

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

  1. China (253.0 units)
  2. United States (17.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Generators; AC generators, (alternators), of an output not exceeding 75kVA - Hong Kong SAR