Romania: 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 Romania

The Romanian market for diesel or semi-diesel electric generating sets of output under X kVA surged to $X in 2021, picking up by 34% against the previous year. Over the period under review, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained 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 Romania

In value terms, production of diesel or semi-diesel electric generating sets of output under X kVA soared to $X in 2021 estimated in export price. Overall, production, however, saw a slight reduction. The growth pace was the most rapid in 2020 with an increase of 80%. Production of peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

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

Exports from Romania

In 2021, the amount of diesel or semi-diesel electric generating sets of output under X kVA exported from Romania surged to X units, with an increase of 237% compared with the previous year. In general, exports posted a significant expansion. As a result, the exports attained 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 surged to $X in 2021. Over the period under review, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units), Switzerland (X units) and Bulgaria (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output under X kVA from Romania, with a combined 64% share of total exports. Italy, Hungary, Poland, Moldova, the Netherlands, Greece and Estonia lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of +233.3%), while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) emerged as the key foreign market for diesel or semi-diesel electric generating sets of output under X kVA exports from Romania, comprising 37% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a 14% share of total exports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland amounted to +81.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+28.3% per year) and Germany (+40.9% 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 -5.6% against the previous year. Over the period under review, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 195%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($X per unit), while the average price for exports to Italy ($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 Estonia (+56.8%), 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 Romania

In 2021, overseas purchases of diesel or semi-diesel electric generating sets of output under X kVA were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +2.4% 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 -22.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 66% against the previous year. As a result, imports reached the peak of X units. From 2019 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 soared to $X in 2021. Overall, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of diesel or semi-diesel electric generating set of output under X kVA to Romania, accounting for a 63% 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, Turkey (X units), fivefold. The third position in this ranking was held by Spain (X units), with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+9.3% per year) and Spain (+10.8% per year).

In value terms, the largest diesel or semi-diesel electric generating set of output under X kVA suppliers to Romania were China ($X), Turkey ($X) and Spain ($X), with a combined 62% share of total imports. France, India, Italy and Poland lagged somewhat behind, together accounting for a further 24%.

India, with a CAGR of +80.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, jumping by 34% against the previous year. Overall, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 48% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :