
U.S. - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingU.S. Engine Generator Import Slumps to $96M in April 2023
U.S. Engine Generator Imports
In April 2023, the amount of generators for internal combustion engines imported into the United States fell remarkably to 1.3M units, dropping by -27.3% on the previous month. In general, imports showed a mild contraction. The pace of growth appeared the most rapid in March 2023 when imports increased by 20% month-to-month. Imports peaked at 1.7M units in May 2022; however, from June 2022 to April 2023, imports remained at a lower figure.
In value terms, engine generator imports contracted remarkably to $96M (IndexBox estimates) in April 2023. Overall, imports saw a slight setback. The pace of growth was the most pronounced in March 2023 when imports increased by 25% m-o-m. As a result, imports reached the peak of $128M, and then contracted rapidly in the following month.
COUNTRY | Import Value of Engine Generator in U.S. (million USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | |
Mexico | 55.1 | 63.3 | 59.1 | 56.7 | 65.0 | 59.9 | 61.3 | 60.4 | 52.5 | 58.4 | 54.4 | 71.5 | 55.6 |
Japan | 22.7 | 28.0 | 20.4 | 18.0 | 12.7 | 17.0 | 20.9 | 20.9 | 21.7 | 23.1 | 23.2 | 22.3 | 15.6 |
China | 10.8 | 12.8 | 11.8 | 12.7 | 14.4 | 14.5 | 12.2 | 12.1 | 11.3 | 12.3 | 10.0 | 14.4 | 9.9 |
South Korea | 7.1 | 8.6 | 6.7 | 7.3 | 7.7 | 9.9 | 4.4 | 5.9 | 3.5 | 3.9 | 2.9 | 5.1 | 3.2 |
Malaysia | 1.6 | 2.3 | 1.6 | 1.8 | 2.3 | 1.9 | 1.9 | 2.3 | 1.5 | 1.7 | 1.8 | 2.5 | 1.6 |
Others | 10.7 | 11.5 | 11.1 | 9.6 | 10.7 | 11.6 | 9.9 | 8.9 | 11.0 | 14.9 | 10.1 | 12.6 | 10.5 |
Total | 108 | 127 | 111 | 106 | 113 | 115 | 111 | 111 | 102 | 114 | 102 | 128 | 96.3 |
Imports by Country
In April 2023, Mexico (738K units) constituted the largest engine generator supplier to the United States, with a 59% share of total imports. Moreover, engine generator imports from Mexico exceeded the figures recorded by the second-largest supplier, Japan (184K units), fourfold. The third position in this ranking was held by China (177K units), with a 14% share.
From April 2022 to April 2023, the average monthly growth rate of volume from Mexico was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (-3.5% per month) and China (-1.9% per month).
In value terms, Mexico ($56M) constituted the largest supplier of engine generator to the United States, comprising 58% of total imports. The second position in the ranking was taken by Japan ($16M), with a 16% share of total imports. It was followed by China, with a 10% share.
From April 2022 to April 2023, the average monthly rate of growth in terms of value from Mexico was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Japan (-3.1% per month) and China (-0.7% per month).
Import Prices by Country
In April 2023, the engine generator price stood at $76.4 per unit (CIF, US), surging by 3.1% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 4.8% month-to-month. Over the period under review, average import prices hit record highs in April 2023.
There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Japan ($84.4 per unit), while the price for Malaysia ($54.4 per unit) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the engine generator market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024