Ghana: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA 2025

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA in Ghana

In 2021, the Ghanian market for diesel or semi-diesel electric generating sets of output under X kVA was finally on the rise to reach $X after five years of decline. In general, consumption, however, recorded a noticeable contraction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

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

Exports from Ghana

In 2021, after two years of growth, there was significant decline in overseas shipments of diesel or semi-diesel electric generating sets of output under X kVA, when their volume decreased by -75.3% to X units. Overall, exports saw a noticeable decline. The most prominent rate of growth was recorded in 2014 with an increase of 1,067%. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output under X kVA plummeted to $X in 2021. Over the period under review, exports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 when exports increased by 398% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Mali (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output under X kVA from Ghana, with a 65% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output under X kVA to Mali exceeded the volume sent to the second major destination, Senegal (X units), eightfold. Nigeria (X units) ranked third in terms of total exports with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mali totaled +25.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (0.0% per year) and Nigeria (-18.1% per year).

In value terms, Mali ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output under X kVA exports from Ghana, comprising 69% of total exports. The second position in the ranking was taken by Senegal ($X), with a 13% share of total exports. It was followed by Nigeria, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mali totaled +111.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (-2.6% per year) and Nigeria (-22.2% per year).

Export Prices by Country

In 2021, the average export price for diesel or semi-diesel electric generating sets of output under X kVA amounted to $X per unit, picking up by 66% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decline. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per unit), while the average price for exports to Liberia ($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 Mali (+19.6%), 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 Ghana

After five years of decline, purchases abroad of diesel or semi-diesel electric generating sets of output under X kVA increased by 158% to X units in 2021. Over the period under review, imports, however, recorded a mild descent. Over the period under review, imports of attained the maximum at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, imports of diesel or semi-diesel electric generating sets of output under X kVA soared to $X in 2021. In general, imports, however, recorded a drastic downturn. Over the period under review, imports of hit record highs at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest diesel or semi-diesel electric generating set of output under X kVA supplier to Ghana, accounting for a 77% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output under X kVA from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. Burkina Faso (X units) ranked third in terms of total imports with a 1.9% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+13.1% per year) and Burkina Faso (+59.8% per year).

In value terms, China ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output under X kVA to Ghana, comprising 49% of total imports. The second position in the ranking was held by Italy ($X), with a 9% share of total imports. It was followed by India, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+16.6% per year) and India (-16.0% 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, reducing by -24.4% against the previous year. Over the period under review, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 13% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

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 South Africa ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Burkina Faso (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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