India: 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 India

The Indian market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA dropped to $X in 2022, with a decrease of -6.9% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Consumption of peaked at $X in 2019; however, from 2020 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 India

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 24% against the previous year. As a result, production attained the peak level of $X. From 2017 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 from India

In 2022, shipments abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 21% to X units, rising for the second consecutive year after two years of decline. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2016 when exports increased by 150%. The exports peaked in 2022 and are expected to retain 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 surged to $X in 2022. In general, exports recorded prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of 170%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

The UK (X units), the United Arab Emirates (X units) and Mexico (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 India, together comprising 26% of total exports. Australia, Nepal, Chile, Saudi Arabia, Belgium, Nigeria, Ireland, Romania, Kenya and Kuwait lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +57.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for diesel or semi-diesel electric generating set of output over X kVA but under X kVA exported from India were the UK ($X), Australia ($X) and the United Arab Emirates ($X), with a combined 29% share of total exports. Mexico, Belgium, Chile, Saudi Arabia, Nepal, Nigeria, Ireland, Romania, Kuwait and Kenya lagged somewhat behind, together accounting for a further 36%.

In terms of the main countries of destination, Romania, with a CAGR of +60.7%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 14%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Nepal ($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 Nigeria (+7.7%), 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 India

After two years of decline, purchases abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 51% to X units in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 333% against the previous year. Over the period under review, imports of hit record highs at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA rose remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 247%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), France (X units) and Kuwait (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 India, together accounting for 81% of total imports. The United Arab Emirates, Germany, Canada and Mauritius lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mauritius (with a CAGR of +200.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), China ($X) and Germany ($X) were the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA suppliers to India, with a combined 83% share of total imports. The United Arab Emirates, Kuwait, Mauritius and Canada lagged somewhat behind, together accounting for a further 11%.

In terms of the main suppliers, Mauritius, with a CAGR of +216.4%, 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, shrinking by -24% against the previous year. In general, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2020 an increase of 177% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+36.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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