GCC: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2025

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in GCC

In 2022, the GCC market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 18% to $X, rising for the third year in a row after four years of decline. In general, consumption, however, continues to indicate a perceptible curtailment. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

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

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 54%. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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

Exports in GCC

In 2022, overseas shipments of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA were finally on the rise to reach X units after two years of decline. Overall, exports, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of 72%. Over the period under review, the exports of reached the maximum at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA fell to $X in 2022. Over the period under review, exports, however, continue to indicate a mild reduction. The growth pace was the most rapid in 2017 when exports increased by 62%. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates represented the major exporting country with an export of about X units, which accounted for 64% of total exports. Saudi Arabia (X units) ranks second in terms of the total exports with a 15% share, followed by Kuwait (8.8%), Oman (6.9%) and Bahrain (4.5%).

Exports from the United Arab Emirates decreased at an average annual rate of -6.4% from 2012 to 2022. At the same time, Kuwait (+22.9%) and Saudi Arabia (+5.0%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in GCC, with a CAGR of +22.9% from 2012-2022. By contrast, Bahrain (-7.0%) and Oman (-7.8%) illustrated a downward trend over the same period. Saudi Arabia (+9.5 p.p.) and Kuwait (+8.1 p.p.) significantly strengthened its position in terms of the total exports, while Oman and the United Arab Emirates saw its share reduced by -2.8% and -13.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) remains the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier in GCC, comprising 62% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with an 18% share of total exports. It was followed by Oman, with a 9.1% share.

In the United Arab Emirates, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA declined by an average annual rate of -1.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Saudi Arabia (+3.3% per year) and Oman (-9.1% per year).

Export Prices by Country

In 2022, the export price in GCC amounted to $X per unit, reducing by -7.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2013 when the export price increased by 30%. Over the period under review, the export prices attained the maximum at $X per unit in 2021, and then shrank in the following year.

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 Oman ($X per unit), while Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+19.0%), while the other leaders experienced mixed trends 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 GCC

In 2022, purchases abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 49% to X units, rising for the second consecutive year after five years of decline. Overall, imports, however, saw a perceptible decline. The pace of growth was the most pronounced in 2015 when imports increased by 53%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports of remained 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 expanded markedly to $X in 2022. Over the period under review, imports, however, faced a deep downturn. 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

Qatar (X units) and the United Arab Emirates (X units) dominates kVA structure, together mixing up 81% of total imports. It was distantly followed by Kuwait (X units) and Oman (X units), together constituting a 16% share of total imports. Bahrain (X units) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Qatar (with a CAGR of +6.7%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported diesel or semi-diesel electric generating sets of output over X kVA but under X kVA in GCC, comprising 33% of total imports. The second position in the ranking was held by Qatar ($X), with a 15% share of total imports. It was followed by Kuwait, with an 11% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled -6.4%. The remaining importing countries recorded the following average annual rates of imports growth: Qatar (-3.4% per year) and Kuwait (-13.1% per year).

Import Prices by Country

In 2022, the import price in GCC amounted to $X per unit, reducing by -24.8% against the previous year. Overall, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2019 when the import price increased by 77% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, 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 Bahrain ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+3.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform