Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam - 2022
Contents:
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam (FOB) - 2022
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam (CIF) - 2022
- Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam
- Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam (FOB) - 2022
The average export price for generators stood at $1,279 per unit in 2022, shrinking by -10.1% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 40% against the previous year. The export price peaked at $1,431 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,517 per unit), while the average price for exports to Japan ($424 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 the United States (+16.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam (CIF) - 2022
The average import price for generators stood at $310 per unit in 2022, dropping by -67.6% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 204%. The import price peaked at $1,082 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,686 per unit), while the price for China ($151 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+32.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam
In 2022, after three years of growth, there was decline in overseas shipments of generators, when their volume decreased by -2.1% to 20K units. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. As a result, the exports reached the peak of 21K units, and then shrank slightly in the following year.
In value terms, exports of generators contracted to $26M in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 61%. The exports peaked at $30M in 2021, and then fell in the following year.
| Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 13.8 | 22.6 | 18.7 | 58.5% |
| Japan | 6.2 | 6.2 | 5.6 | 7.3 | 5.6% |
| Mozambique | 1.5 | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.7 | 1.6 | 0.1 | -41.5% |
| Total | 12.9 | 20.8 | 29.8 | 26.2 | 26.6% |
Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Vietnam in 2022:
- Japan (17.3K units)
- United States (2.9K units)
Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam
In 2022, imports of generators into Vietnam skyrocketed to 7.7K units, picking up by 349% compared with the year before. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 614%. As a result, imports attained the peak of 17K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of generators soared to $2.4M in 2022. In general, imports posted a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 252%. As a result, imports reached the peak of $5.3M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 197 | 2,186 | 129 | 1,082 | 76.4% |
| Italy | 134 | 1,454 | 282 | 734 | 76.3% |
| Hungary | 732 | 475 | 741 | N/A | 0.6% |
| Ukraine | 176 | 521 | 239 | N/A | 16.5% |
| Others | 265 | 660 | 243 | 562 | 28.5% |
| Total | 1,504 | 5,296 | 1,634 | 2,378 | 16.5% |
Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Vietnam in 2022:
- China (7.2K units)
- Italy (0.2K units)
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