Ethiopia: 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 Ethiopia

The Ethiopian market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA shrank rapidly to $X in 2022, reducing by -19.6% 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). In general, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +32.9% against 2020 indices. As a result, consumption reached the peak level of $X, and then fell notably in the following year.

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

Exports from Ethiopia

In 2022, after two years of decline, there was significant decline in shipments abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA, when their volume decreased by -33.3% to X units. Overall, exports saw a pronounced curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 80% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports of remained 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 reduced markedly to $X in 2022. Over the period under review, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2019 when exports increased by 431%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Djibouti (X units), the United Arab Emirates (X units) and Kenya (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Ethiopia, with a combined 75% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Ethiopia, comprising 96% of total exports. The second position in the ranking was taken by Djibouti ($X), with a 2.3% share of total exports. It was followed by Kenya, with a 0.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled +34.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Djibouti (+2.4% per year) and Kenya (-6.3% 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, rising by 9.1% against the previous year. In general, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 195% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+165.0%), 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 Over 75 kVA but Under 375 kVA

Imports into Ethiopia

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 Ethiopia; with a decrease of -19.2% against the year before. Overall, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports reached the peak of X units, and then declined dramatically in the following year.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA contracted remarkably to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 65%. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

China (X units), the UK (X units) and Italy (X units) were the main suppliers of imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Ethiopia, with a combined 58% share of total imports. Turkey, the United Arab Emirates, South Korea, India and Spain lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +47.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA suppliers to Ethiopia were China ($X), the UK ($X) and Italy ($X), with a combined 61% share of total imports. The United Arab Emirates, Turkey, South Korea, Spain and India lagged somewhat behind, together accounting for a further 28%.

Among the main suppliers, South Korea, with a CAGR of +57.1%, 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

In 2022, the average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, approximately reflecting the previous year. In general, the import price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2014 an increase of 2.3%. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Turkey ($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 (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform