Iran: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA 2024

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

The Iranian market for diesel or semi-diesel electric generating sets of output under X kVA surged to $X in 2021, increasing by 216% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a abrupt descent. Consumption of peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

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

Exports from Iran

Exports of diesel or semi-diesel electric generating sets of output under X kVA from Iran reduced notably to X units in 2021, shrinking by -30.8% on the previous year's figure. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2018 when exports increased by 233%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output under X kVA shrank remarkably to $X in 2021. Over the period under review, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 170%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units), Sudan (X units) and Kazakhstan (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output under X kVA from Iran, with a combined 78% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output under X kVA in the United Arab Emirates exceeded the figures recorded by the second-largest exporter, Sudan, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of +16.7%), while the other leaders experienced more modest paces of growth.

In value terms, Sudan ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output under X kVA exports from Iran, comprising 71% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 26% share of total exports. It was followed by Kazakhstan, with a 0.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sudan stood at -3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+1.6% per year) and Kazakhstan (-19.3% per year).

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, falling by -40.1% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Sudan ($X per unit), while the average price for exports to Tajikistan ($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 Tajikistan (+11.8%), while the prices for the other major destinations experienced a decline.

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

Imports into Iran

In 2021, approx. X units of diesel or semi-diesel electric generating sets of output under X kVA were imported into Iran; jumping by 154% against the year before. Over the period under review, imports, however, recorded a sharp descent. The most prominent rate of growth was recorded in 2019 when imports increased by 942%. Imports peaked at X units in 2014; however, from 2015 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. Overall, imports, however, saw a deep downturn. The growth pace was the most rapid in 2019 with an increase of 345% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

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 Iran, with a 81% 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, Kuwait (X units), tenfold. Germany (X units) ranked third in terms of total imports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -20.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Kuwait (+31.8% per year) and Germany (0.0% per year).

In value terms, China ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output under X kVA to Iran, comprising 49% of total imports. The second position in the ranking was taken by Italy ($X), with a 13% share of total imports. It was followed by the United Arab Emirates, with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-4.3% per year) and the United Arab Emirates (-20.1% per year).

Import Prices by Country

The average import price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, picking up by 15% against the previous year. In general, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 757% against the previous year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for Kuwait ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+56.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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