Southern Asia: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Southern Asia

The South Asian market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA reduced to $X in 2022, declining by -5.8% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the market value increased by 7.2%. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Over X kVA but Under X kVA in Southern Asia

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA declined slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 24%. As a result, production attained the peak level of $X. From 2017 to 2022, production of growth remained at a somewhat lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports in Southern Asia

In 2022, overseas shipments of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 21% to X units, rising for the second year in a row after two years of decline. Overall, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 142% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA skyrocketed to $X in 2022. Over the period under review, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 162% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

The biggest shipments were from India (X units), together reaching 100% of total export.

India was also the fastest-growing in terms of the diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports, with a CAGR of +10.1% from 2012 to 2022. India (+2.2 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India stood at +11.6%.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.3% per year.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports in Southern Asia

In 2022, overseas purchases of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 12% to X units, rising for the second consecutive year after four years of decline. In general, imports, however, recorded a noticeable downturn. The growth pace was the most rapid in 2014 with an increase of 25%. Over the period under review, imports of hit record highs at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA declined slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a pronounced setback. The growth pace was the most rapid in 2016 with an increase of 33% against the previous year. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Pakistan (X units), Sri Lanka (X units), Bangladesh (X units) and Nepal (X units) represented the main importer of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA in Southern Asia, mixing up 84% of total import. Afghanistan (X units) ranks next in terms of the total imports with an 8.1% share, followed by India (4.9%). Maldives (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Maldives (with a CAGR of +13.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X) constitutes the largest market for imported diesel or semi-diesel electric generating sets of output over X kVA but under X kVA in Southern Asia, comprising 39% of total imports. The second position in the ranking was taken by Pakistan ($X), with an 18% share of total imports. It was followed by Sri Lanka, with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Bangladesh totaled -1.8%. In the other countries, the average annual rates were as follows: Pakistan (-7.3% per year) and Sri Lanka (-0.9% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, with a decrease of -14.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 28%. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($X per unit), while Nepal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Maldives (+12.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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