Benelux: 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 Benelux

The Benelux market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA dropped to $X in 2022, reducing by -13.4% against the previous year. Overall, consumption, however, recorded a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

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

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA dropped to $X in 2022 estimated in export price. Overall, production, however, showed notable growth. The pace of growth appeared the most rapid in 2017 with an increase of 170%. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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

Exports in Benelux

In 2022, shipments abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 44% to X units, rising for the fourth year in a row after two years of decline. Overall, exports, however, showed a noticeable decline. Over the period under review, the exports of attained the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA soared to $X in 2022. Over the period under review, exports, however, showed a pronounced reduction. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Netherlands (X units) represented the major exporter of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA, mixing up 70% of total exports. It was distantly followed by Belgium (X units), achieving a 30% share of total exports.

The Netherlands 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 +4.1% from 2012 to 2022. Belgium (-11.0%) illustrated a downward trend over the same period. While the share of the Netherlands (+37 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Belgium (-37.5 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier in Benelux, comprising 80% of total exports. The second position in the ranking was held by Belgium ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +11.1%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, growing by 9.8% against the previous year. In general, the export price continues to indicate modest growth. The growth pace was the most rapid in 2013 when the export price increased by 23% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%).

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

Imports in Benelux

After three years of decline, purchases abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 88% to X units in 2022. Total imports indicated a temperate increase from 2012 to 2022: its volume increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA surged to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports of hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands represented the main importer of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA in Benelux, with the volume of imports accounting for X units, which was near 71% of total imports in 2022. It was distantly followed by Belgium (X units), constituting a 29% share of total imports.

The Netherlands 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 imports, with a CAGR of +4.0% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. While the share of the Netherlands (+10 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (-6.8 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2022.

The Netherlands, with a CAGR of +4.3%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, dropping by -28% against the previous year. In general, the import price continues to indicate a mild slump. The most prominent rate of growth was recorded in 2014 when the import price increased by 23%. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.3%).

Source: IndexBox Platform