Russian Federation: 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 the Russian Federation

In 2021, the Russian market for diesel or semi-diesel electric generating sets of output under X kVA decreased by -2.7% to $X for the first time since 2018, thus ending a two-year rising trend. In general, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +16.5% against 2018 indices. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Under X kVA in the Russian Federation

In value terms, production of diesel or semi-diesel electric generating sets of output under X kVA dropped to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 161% against the previous year. Over the period under review, production of reached the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

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

Exports from the Russian Federation

Exports of diesel or semi-diesel electric generating sets of output under X kVA from Russia soared to X units in 2021, rising by 15% on the year before. Overall, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 75% against the previous year. 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 soared to $X in 2021. In general, exports continue to indicate a notable increase. The most prominent rate of growth was recorded in 2014 with an increase of 185%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Kazakhstan (X units) was the main destination for exports of diesel or semi-diesel electric generating sets of output under X kVA from Russia, accounting for a 42% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output under X kVA to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X units), twofold. The third position in this ranking was held by Ukraine (X units), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Kazakhstan totaled +11.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+57.3% per year) and Ukraine (-3.7% per year).

In value terms, the largest markets for diesel or semi-diesel electric generating set of output under X kVA exported from Russia were Kazakhstan ($X), Belarus ($X) and Uzbekistan ($X), with a combined 74% share of total exports. These countries were followed by Ukraine, Armenia, China, Kyrgyzstan and Egypt, which together accounted for a further 18%.

Among the main countries of destination, China, with a CAGR of +109.5%, recorded 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

The average export price for diesel or semi-diesel electric generating sets of output under X kVA stood at $X per unit in 2021, stabilizing at the previous year. Over the period under review, the export price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 85% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per unit), while the average price for exports to Ukraine ($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 Venezuela (+29.4%), 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 Under 75 kVA

Imports into the Russian Federation

In 2021, purchases abroad of diesel or semi-diesel electric generating sets of output under X kVA increased by 8.6% to X units, rising for the second year in a row after two years of decline. In general, imports, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of 24% against the previous year. Over the period under review, imports of attained the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

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, continue to indicate a perceptible decrease. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

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 Russia, 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, France (X units), more than tenfold. Japan (X units) ranked third in terms of total imports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-14.2% per year) and Japan (-6.5% per year).

In value terms, China ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output under X kVA to Russia, comprising 53% of total imports. The second position in the ranking was held by Japan ($X), with a 6.7% share of total imports. It was followed by France, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-5.3% per year) and France (-10.5% 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. Over the last nine-year period, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 32% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per unit), while the price for China ($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 (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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