Canada: 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 Canada

The Canadian market for diesel or semi-diesel electric generating sets of output under X kVA reduced to $X in 2021, declining by -12.5% against the previous year. Overall, consumption continues to indicate a slight contraction. Consumption of peaked at $X in 2020, and then fell in the following year.

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

In value terms, production of diesel or semi-diesel electric generating sets of output under X kVA plummeted to $X in 2021 estimated in export price. Over the period under review, production showed a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of 35% against the previous year. Over the period under review, production of attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports from Canada

In 2021, the amount of diesel or semi-diesel electric generating sets of output under X kVA exported from Canada declined rapidly to X units, with a decrease of -19.8% on the previous year's figure. In general, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 21% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output under X kVA reduced sharply to $X in 2021. Overall, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of 7.6%. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output under X kVA from Canada, accounting for a 66% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output under X kVA to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X units), threefold. The third position in this ranking was taken by the Philippines (X units), with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at -21.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+21.1% per year) and the Philippines (+27.7% per year).

In value terms, the United States ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output under X kVA exports from Canada, comprising 67% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total exports. It was followed by Saudi Arabia, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to -19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+20.4% per year) and Saudi Arabia (-5.2% per year).

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, increasing by 3.4% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for diesel or semi-diesel electric generating sets of output under X kVA increased by +122.7% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 85%. Over the period under review, the average export prices reached the maximum in 2021 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Canada

In 2021, imports of diesel or semi-diesel electric generating sets of output under X kva into Canada stood at X units, with an increase of 4.1% on 2020 figures. In general, imports, however, recorded a slight shrinkage. The growth pace was the most rapid in 2018 with an increase of 95% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, imports of diesel or semi-diesel electric generating sets of output under X kVA soared to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 58% against the previous year. Over the period under review, imports of attained the maximum in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, the United States (X units) constituted the largest diesel or semi-diesel electric generating set of output under X kVA supplier to Canada, with a 68% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output under X kVA from the United States exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The third position in this ranking was taken by Japan (X units), with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.1% per year) and Japan (+6.8% per year).

In value terms, the United States ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output under X kVA to Canada, comprising 84% of total imports. The second position in the ranking was held by Italy ($X), with a 4.9% share of total imports. It was followed by Japan, with a 4.9% share.

From 2012 to 2021, the average annual growth rate of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+75.2% per year) and Japan (+2.0% per year).

Import Prices by Country

In 2021, the average import price for diesel or semi-diesel electric generating sets of output under X kVA amounted to $X per unit, surging by 18% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for diesel or semi-diesel electric generating sets of output under X kVA increased by +49.9% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 63%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :