Latin America and the Caribbean: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA 2025

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Under 75 kVA in Latin America and the Caribbean

In 2021, the Latin American market for diesel or semi-diesel electric generating sets of output under X kVA increased by 1.5% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Under X kVA in Latin America and the Caribbean

In value terms, production of diesel or semi-diesel electric generating sets of output under X kVA declined remarkably to $X in 2021 estimated in export price. In general, production, however, showed a noticeable increase. The pace of growth was the most pronounced in 2020 with an increase of 137%. The level of production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

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

Exports in Latin America and the Caribbean

In 2021, shipments abroad of diesel or semi-diesel electric generating sets of output under X kVA increased by 16% to X units, rising for the fourth consecutive year after four years of decline. Total exports indicated mild growth from 2012 to 2021: its volume increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +81.0% against 2017 indices. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. The volume of export peaked in 2021 and is likely to see gradual 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. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 25%. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil (X units) and Peru (X units) represented the key exporters of diesel or semi-diesel electric generating sets of output under X kVA in 2021, recording approx. 28% and 25% of total exports, respectively. Venezuela (X units) held a 15% share (based on physical terms) of total exports, which put it in second place, followed by Panama (7.6%), Mexico (5.5%), Honduras (5.1%) and Bahamas (4.6%).

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Honduras (with a CAGR of +29.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest diesel or semi-diesel electric generating set of output under X kVA supplying countries in Latin America and the Caribbean were Brazil ($X), Peru ($X) and Mexico ($X), with a combined 82% share of total exports. These countries were followed by Bahamas, Panama, Venezuela and Honduras, which together accounted for a further 11%.

Among the main exporting countries, Bahamas, with a CAGR of +26.2%, saw the highest growth rate of 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 2021, the export price in Latin America and the Caribbean amounted to $X per unit, with an increase of 6.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 38% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per unit), while Venezuela ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bahamas (+9.8%), while the other leaders experienced more modest paces of growth.

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

Imports in Latin America and the Caribbean

Imports of diesel or semi-diesel electric generating sets of output under X kVA surged to X units in 2021, with an increase of 30% against 2020. Total imports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -6.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 41%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of diesel or semi-diesel electric generating sets of output under X kVA skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a slight setback. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Chile (X units) and Brazil (X units) were the largest importers of diesel or semi-diesel electric generating sets of output under X kVA in Latin America and the Caribbean, together recording approx. 59% of total imports. It was distantly followed by Colombia (X units), Peru (X units), Mexico (X units) and Haiti (X units), together creating a 26% share of total imports. Paraguay (X units) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Paraguay (with a CAGR of +21.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest diesel or semi-diesel electric generating set of output under X kVA importing markets in Latin America and the Caribbean were Chile ($X), Brazil ($X) and Mexico ($X), with a combined 39% share of total imports. These countries were followed by Haiti, Colombia, Paraguay and Peru, which together accounted for a further 30%.

In terms of the main importing countries, Paraguay, with a CAGR of +20.6%, 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 mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per unit, which is down by -2.4% against the previous year. Over the period under review, the import price recorded a perceptible descent. The most prominent rate of growth was recorded in 2016 an increase of 26%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Paraguay ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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