India: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in India

In 2020, the Indian market for electric generating sets and rotary converters increased by X% to $X, rising for the fifth consecutive year after two years of decline. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Electric Generating Sets And Rotary Converters in India

In value terms, production of electric generating sets and rotary converters soared to $X in 2020 estimated in export prices. In general, the total production indicated a temperate increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level in 2020 and is expected to retain growth in the immediate term.

Exports of Electric Generating Sets And Rotary Converters

Exports from India

In 2020, overseas shipments of electric generating sets and rotary converters were finally on the rise to reach X units after five years of decline. In general, exports posted a measured increase. The growth pace was the most rapid in 2013 when exports increased by X% year-to-year. Exports peaked at X units in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

In value terms, exports of electric generating sets and rotary converters surged to $X in 2020. Overall, exports saw a relatively flat trend pattern. As a result, exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The U.S. (X units) was the main destination for exports of electric generating sets and rotary converters from India, accounting for a X% share of total exports. Moreover, exports of electric generating sets and rotary converters to the U.S. exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fivefold. The third position in this ranking was occupied by Canada (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Canada (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for electric generating set and rotary converter exports from India, comprising X% of total exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and France (+X% per year).

Export Prices by Country

The average export price for electric generating sets and rotary converters stood at $X per unit in 2020, with an increase of X% against the previous year. Overall, the export price, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2016 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per unit in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per unit), while the average price for exports to Japan ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to France, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into India

In 2020, imports of electric generating sets and rotary converters into India contracted significantly to X units, which is down by -X% compared with the year before. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, imports of electric generating sets and rotary converters fell rapidly to $X in 2020. In general, imports saw a deep contraction. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) constituted the largest electric generating set and rotary converter supplier to India, accounting for a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, the U.S. (X units), threefold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Germany (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of electric generating set and rotary converter to India, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual growth rate of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and China (-X% per year).

Import Prices by Country

The average import price for electric generating sets and rotary converters stood at $X per unit in 2020, reducing by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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