Romania: 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 Romania

In 2022, the Romanian market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 20% to $X, rising for the third year in a row after two years of decline. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +41.9% against 2019 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in years to come.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Over X kVA but Under X kVA in Romania

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA soared to $X in 2022 estimated in export price. Over the period under review, production posted strong growth. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from Romania

In 2022, approx. X units of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA were exported from Romania; with an increase of 433% against 2021 figures. In general, exports saw a significant expansion. 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 over X kVA but under X kVA surged to $X in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ukraine (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Romania, with a 37% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Ukraine exceeded the volume sent to the second major destination, Switzerland (X units), twofold. The third position in this ranking was taken by Poland (X units), with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine totaled +101.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+333.3% per year) and Poland (+49.8% per year).

In value terms, Ukraine ($X) emerged as the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Romania, comprising 43% of total exports. The second position in the ranking was held by Switzerland ($X), with a 12% share of total exports. It was followed by Bulgaria, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Ukraine stood at +177.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+394.0% per year) and Bulgaria (+50.1% per year).

Export Prices by Country

In 2022, the average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA amounted to $X per unit, stabilizing at the previous year. Overall, the export price showed a remarkable increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 324%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per unit), while the average price for exports to the Netherlands ($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 Ukraine (+37.4%), 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 Romania

In 2022, supplies from abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 47% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 70%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA skyrocketed to $X in 2022. Overall, imports posted strong growth. The pace of growth was the most pronounced in 2017 with an increase of 64% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of diesel or semi-diesel electric generating set of output over X kVA but under X kVA to Romania, accounting for a 37% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), twofold. France (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+27.7% per year) and France (+10.5% per year).

In value terms, Turkey ($X), France ($X) and China ($X) constituted the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA suppliers to Romania, together accounting for 57% of total imports. India, Spain, the Netherlands, Italy, Belgium, the UK and the United Arab Emirates lagged somewhat behind, together accounting for a further 40%.

In terms of the main suppliers, India, with a CAGR of +70.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, with an increase of 8.1% against the previous year. Over the period under review, the import price, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2017 an increase of 95%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+132.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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