Azerbaijan: 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 Azerbaijan

The Azerbaijani market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA plummeted to $X in 2022, shrinking by -15.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a perceptible reduction. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

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

Exports from Azerbaijan

In 2022, shipments abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 800% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ukraine (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Azerbaijan, accounting for a 80% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Ukraine exceeded the volume sent to the second major destination, the United Arab Emirates (X units), eightfold. The third position in this ranking was held by Russia (X units), with a 3.7% share.

From 2013 to 2022, the average annual growth rate of volume to Ukraine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Russia (0.0% per year).

In value terms, Ukraine ($X) emerged as the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Azerbaijan, comprising 84% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 7.5% share of total exports. It was followed by Turkmenistan, with a 3.3% share.

From 2013 to 2022, the average annual growth rate of value to Ukraine was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (0.0% per year) and Turkmenistan (+732.6% per year).

Export Prices by Country

In 2022, the average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, with an increase of 57% against the previous year. Overall, the export price posted a strong increase. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkmenistan ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkmenistan (+488.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into Azerbaijan

In 2022, approx. X units of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA were imported into Azerbaijan; which is down by -11.9% against the previous year. Over the period under review, imports saw a perceptible reduction. The growth pace was the most rapid in 2013 with an increase of 121% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA expanded notably to $X in 2022. In general, imports, however, continue to indicate a modest increase. The pace of growth was the most pronounced in 2018 with an increase of 81%. Over the period under review, imports of reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of diesel or semi-diesel electric generating set of output over X kVA but under X kVA to Azerbaijan, with a 75% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.4% per year) and the UK (-16.8% per year).

In value terms, Turkey ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Azerbaijan, comprising 72% of total imports. The second position in the ranking was taken by China ($X), with a 22% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-2.8% per year) and the UK (-22.2% per year).

Import Prices by Country

The average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, surging by 25% against the previous year. Overall, the import price posted a notable expansion. The most prominent rate of growth was recorded in 2017 an increase of 109% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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