Asia-Pacific: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Asia-Pacific

After two years of growth, the Asia-Pacific market for electric generating sets and rotary converters decreased by -X% to $X in 2020. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2019, and then declined in the following year.

Production of Electric Generating Sets And Rotary Converters in Asia-Pacific

In value terms, production of electric generating sets and rotary converters rose notably to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by X% year-to-year. The level of production peaked in 2020 and is likely to see gradual growth in years to come.

Production By Country in Asia-Pacific

China (X units) remains the largest electric generating set and rotary converter producing country in Asia-Pacific, comprising approx. X% of total volume. Moreover, production of electric generating sets and rotary converters in China exceeded the figures recorded by the second-largest producer, India (X units), fourfold. The third position in this ranking was occupied by Japan (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume in China was relatively modest. In the other countries, the average annual rates were as follows: India (+X% per year) and Japan (-X% per year).

Exports of Electric Generating Sets And Rotary Converters

Exports in Asia-Pacific

In 2020, exports of electric generating sets and rotary converters in Asia-Pacific was estimated at X units, flattening at the previous year. Total exports indicated mild growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X units in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, exports of electric generating sets and rotary converters reached $X in 2020. Total exports indicated resilient growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, exports hit record highs in 2020 and are expected to retain growth in the near future.

Exports by Country

China dominates exports of electric generating sets and rotary converters structure, amounting to X units, which was approx. X% of total exports in 2020. India (X units) took the second position in the ranking, followed by Vietnam (X units), Hong Kong SAR (X units) and Singapore (X units). All these countries together took approx. X% share of total exports. Japan (X units) and Malaysia (X units) occupied a minor share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2020. At the same time, Hong Kong SAR (+X%), Vietnam (+X%), Malaysia (+X%), India (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2020. By contrast, Japan (-X%) illustrated a downward trend over the same period. While the share of Vietnam (+X p.p.), Hong Kong SAR (+X p.p.) and India (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest electric generating set and rotary converter supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

In China, exports of electric generating sets and rotary converters expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Japan (+X% per year).

Export Prices by Country

The export price for electric generating sets and rotary converters in Asia-Pacific stood at $X per unit in 2020, growing by X% against the previous year. Export price indicated a moderate expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, export price for electric generating sets and rotary converters increased by +X% against 2018 indices. The growth pace was the most rapid in 2016 an increase of X% y-o-y. As a result, export price attained the peak level of $X per unit. from 2017 to 2020, the growth in terms of the export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per unit), while Hong Kong SAR ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced mixed trends in the export price figures.

Imports of Electric Generating Sets And Rotary Converters

Imports in Asia-Pacific

In 2020, supplies from abroad of electric generating sets and rotary converters decreased by -X% to X units, falling for the second consecutive year after three years of growth. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. As a result, imports reached the peak of X units. from 2019 to 2020, the growth of imports remained at a lower figure.

In value terms, imports of electric generating sets and rotary converters declined sharply to $X in 2020. Over the period under review, imports, however, continue to indicate a slight increase. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. The level of import peaked at $X in 2019, and then fell significantly in the following year.

Imports by Country

Indonesia prevails in imports of electric generating sets and rotary converters structure, recording X units, which was approx. X% of total imports in 2020. The Philippines (X units) occupied the second position in the ranking, followed by Australia (X units). All these countries together held near X% share of total imports. Myanmar (X units), Malaysia (X units), Taiwan (Chinese) (X units), Vietnam (X units), New Zealand (X units) and Pakistan (X units) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to electric generating set and rotary converter imports into Indonesia stood at +X%. At the same time, the Philippines (+X%), Taiwan (Chinese) (+X%) and New Zealand (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2007-2020. Australia, Myanmar and Malaysia experienced a relatively flat trend pattern. By contrast, Vietnam (-X%) and Pakistan (-X%) illustrated a downward trend over the same period. While the share of Indonesia (+X p.p.), the Philippines (+X p.p.) and Taiwan (Chinese) (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Vietnam (-X p.p.) and Pakistan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X), Indonesia ($X) and Myanmar ($X) appeared to be the countries with the highest levels of imports in 2020, together accounting for X% of total imports.

In terms of the main importing countries, Myanmar saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price for electric generating sets and rotary converters in Asia-Pacific stood at $X per unit in 2020, which is down by -X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. from 2016 to 2020, the growth in terms of the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Pakistan ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Pakistan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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