Iran: 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 Iran

In 2022, the Iranian market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption, however, continues to indicate a abrupt contraction. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market 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 Iran

In 2022, the amount of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exported from Iran totaled X units, approximately mirroring the previous year's figure. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 167% against the previous year. Over the period under review, the exports of reached the peak figure 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 declined to $X in 2022. Over the period under review, exports posted a prominent increase. The pace of growth was the most pronounced in 2013 with an increase of 701% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Iraq (X units), Ethiopia (X units) and Turkey (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 Iran, with a combined 67% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA in Iraq exceeded the figures recorded by the second-largest exporter, Ethiopia, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iraq (with a CAGR of +7.2%), while the other leaders experienced more modest paces of growth.

In value terms, Iraq ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Iran, comprising 73% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a 15% share of total exports. It was followed by Ethiopia, with a 7.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Iraq amounted to +25.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uzbekistan (-20.4% per year) and Ethiopia (+12.3% per year).

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, falling by -6.7% against the previous year. In general, the export price, however, showed buoyant growth. The growth pace was the most rapid in 2013 when the average export price increased by 200% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, 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 Iraq ($X per unit), while the average price for exports to Turkey ($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 Iraq (+16.7%), 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 Iran

In 2022, supplies from abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA was finally on the rise to reach X units after four years of decline. Overall, imports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 with an increase of 173%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood 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 soared to $X in 2022. Over the period under review, imports, however, recorded a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 141%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of diesel or semi-diesel electric generating set of output over X kVA but under X kVA to Iran, accounting for a 30% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Italy exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-14.4% per year) and Germany (+18.2% per year).

In value terms, Italy ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Iran, comprising 38% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by Germany, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-18.6% per year) and Germany (+11.5% per year).

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, increasing by 9.1% against the previous year. In general, the import price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2015 when the average import price increased by 26%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average 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 Ireland ($X per unit), while the price for Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+12.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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