Eastern Asia: 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 Eastern Asia

In 2022, the East Asian market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA decreased by -23.4% to $X, falling for the second year in a row after two years of growth. In general, consumption saw a noticeable curtailment. As a result, consumption attained the peak level of $X. From 2014 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 Eastern Asia

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA reduced modestly to $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 13%. As a result, production reached the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

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

Exports in Eastern Asia

In 2022, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA in Eastern Asia surged to X units, with an increase of 40% compared with 2021. Total exports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.0% against 2020 indices. 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. The total export value increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in kVA structure, reaching X units, which was near 93% of total exports in 2022. It was distantly followed by Japan (X units), committing a 5.4% share of total exports. South Korea (X units) held a relatively small share of total exports.

China 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 +8.1% from 2012 to 2022. South Korea experienced a relatively flat trend pattern. Japan (-2.7%) illustrated a downward trend over the same period. China (+12 p.p.) significantly strengthened its position in terms of the total exports, while South Korea and Japan saw its share reduced by -1.6% and -8.1% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier in Eastern Asia, comprising 89% of total exports. The second position in the ranking was taken by Japan ($X), with a 7.9% share of total exports.

In China, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased at an average annual rate of +4.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (-4.3% per year) and South Korea (-1.5% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, falling by -7.1% against the previous year. In general, the export price recorded a noticeable downturn. The growth pace was the most rapid in 2016 an increase of 12%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a lower figure.

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 Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-1.3%), while the other leaders experienced a decline in the export price figures.

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

Imports in Eastern Asia

Imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA declined significantly to X units in 2022, which is down by -35.7% against 2021 figures. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Over the period under review, imports of hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA dropped remarkably to $X in 2022. In general, imports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 29%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Japan (X units) and Hong Kong SAR (X units) were the main importers of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA in Eastern Asia, together achieving 61% of total imports. It was distantly followed by China (X units), South Korea (X units) and Taiwan (Chinese) (X units), together mixing up a 36% share of total imports. Macao SAR (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Japan (with a CAGR of +6.0%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, China ($X), Japan ($X) and Hong Kong SAR ($X) were the countries with the highest levels of imports in 2022, together accounting for 82% of total imports.

In terms of the main importing countries, Japan, with a CAGR of +3.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, with an increase of 14% against the previous year. In general, the import price, however, recorded a mild setback. The pace of growth was the most pronounced in 2013 when the import price increased by 35%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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