Italy: 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 Italy

For the third consecutive year, the Italian market for diesel or semi-diesel electric generating sets of output under X kVA recorded growth in sales value, which increased by 693% to $X in 2021. In general, consumption recorded a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Under X kVA in Italy

In value terms, production of diesel or semi-diesel electric generating sets of output under X kVA amounted to $X in 2021 estimated in export price. Overall, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 50% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production of growth remained at a lower figure.

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

Exports from Italy

In 2021, overseas shipments of diesel or semi-diesel electric generating sets of output under X kVA increased by 35% to X units for the first time since 2018, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of diesel or semi-diesel electric generating sets of output under X kVA skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X units), the UK (X units) and Austria (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output under X kVA from Italy, together accounting for 32% of total exports. These countries were followed by Germany, Iraq, Australia, Ethiopia, France, Switzerland, Libya, Spain, Somalia and the Netherlands, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Somalia (with a CAGR of +68.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output under X kVA exports from Italy, comprising 16% of total exports. The second position in the ranking was held by the UK ($X), with a 6.8% share of total exports. It was followed by Germany, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +28.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+1.3% per year) and Germany (+5.6% 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, waning by -8.8% against the previous year. Over the period under review, the export price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 9.9% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Libya ($X per unit), while the average price for exports to Somalia ($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 the Netherlands (+7.5%), 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 Italy

In 2021, approx. X units of diesel or semi-diesel electric generating sets of output under X kVA were imported into Italy; rising by 318% on 2020 figures. Over the period under review, imports enjoyed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of diesel or semi-diesel electric generating sets of output under X kVA surged to $X in 2021. Overall, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -20.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 48% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of diesel or semi-diesel electric generating set of output under X kVA to Italy, with a 90% 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, Spain (X units), more than tenfold. The third position in this ranking was taken by the UK (X units), with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+10.4% per year) and the UK (+13.4% per year).

In value terms, the largest diesel or semi-diesel electric generating set of output under X kVA suppliers to Italy were China ($X), the United States ($X) and Spain ($X), together accounting for 85% of total imports.

China, with a CAGR of +15.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

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, dropping by -68.2% against the previous year. Overall, the import price continues to indicate a deep setback. The growth pace was the most rapid in 2019 when the average import price increased by 37%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+7.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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