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

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

The Asian market for diesel or semi-diesel electric generating sets of output under X kVA reduced to $X in 2021, waning by -5.4% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

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

In value terms, production of diesel or semi-diesel electric generating sets of output under X kVA amounted to $X in 2021 estimated in export price. The total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -35.8% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of 30% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production of growth failed to regain momentum.

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

Exports in Asia

Exports of diesel or semi-diesel electric generating sets of output under X kVA skyrocketed to X units in 2021, jumping by 31% against the previous year. Total exports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +46.9% against 2018 indices. Over the period under review, the exports of reached the peak figure at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output under X kVA soared to $X in 2021. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

China dominates kVA structure, resulting at X units, which was approx. 90% of total exports in 2021. The following exporters - Turkey (X units), India (X units) and Japan (X units) - together made up 7.8% of total exports.

China was also the fastest-growing in terms of the diesel or semi-diesel electric generating sets of output under X kVA exports, with a CAGR of +2.0% from 2012 to 2021. At the same time, India (+1.9%) displayed positive paces of growth. By contrast, Turkey (-1.0%) and Japan (-9.7%) illustrated a downward trend over the same period. While the share of China (+6.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Japan (-3.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest diesel or semi-diesel electric generating set of output under X kVA supplier in Asia, comprising 66% of total exports. The second position in the ranking was taken by Japan ($X), with a 9.7% share of total exports. It was followed by Turkey, with a 7.4% share.

In China, exports of diesel or semi-diesel electric generating sets of output under X kVA increased at an average annual rate of +1.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (-2.8% per year) and Turkey (+4.4% per year).

Export Prices by Country

In 2021, the export price in Asia amounted to $X per unit, picking up by 2.2% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 11%. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+7.5%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Asia

In 2021, approx. X units of diesel or semi-diesel electric generating sets of output under X kVA were imported in Asia; which is down by -16.4% compared with the previous year. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 44% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of diesel or semi-diesel electric generating sets of output under X kVA surged to $X in 2021. Overall, imports saw a pronounced descent. The pace of growth appeared the most rapid in 2013 with an increase of 29%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Qatar dominates kVA structure, accounting for X units, which was approx. 86% of total imports in 2021. The Philippines (X units), the United Arab Emirates (X units), Iraq (X units) and Turkey (X units) followed a long way behind the leaders.

Qatar experienced a relatively flat trend pattern with regard to volume of imports of diesel or semi-diesel electric generating sets of output under X kVA. At the same time, the Philippines (+23.3%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia, with a CAGR of +23.3% from 2012-2021. Turkey experienced a relatively flat trend pattern. By contrast, Iraq (-2.1%) and the United Arab Emirates (-6.8%) illustrated a downward trend over the same period. Qatar (+5.4 p.p.) and the Philippines (+2.6 p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by -2.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Iraq ($X) and the Philippines ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 26% of total imports.

The Philippines, with a CAGR of +10.3%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Asia amounted to $X per unit, growing by 47% against the previous year. In general, the import price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2019 when the import price increased by 59% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Iraq ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+1.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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