Spain: 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 Spain

In 2022, the Spanish market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA was finally on the rise to reach $X after three years of decline. In general, consumption recorded a perceptible contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

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

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Spain

In 2022, shipments abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA decreased by -17.9% to X units, falling for the third consecutive year after eight years of growth. Overall, exports, however, saw buoyant growth. The growth pace was the most rapid in 2017 when exports increased by 104%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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. The total export value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 41% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

France (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 Spain, accounting for a 28% share of total exports. Moreover, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to France exceeded the volume sent to the second major destination, the United States (X units), twofold. Germany (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+57.5% per year) and Germany (+40.5% per year).

In value terms, the United States ($X), Germany ($X) and the UK ($X) constituted the largest markets for diesel or semi-diesel electric generating set of output over X kVA but under X kVA exported from Spain worldwide, with a combined 32% share of total exports. Australia, Belgium, France, Poland, Portugal, the Netherlands and Italy lagged somewhat behind, together comprising a further 36%.

In terms of the main countries of destination, Australia, with a CAGR of +22.2%, 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 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, increasing by 45% against the previous year. In general, the export price, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 73%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to France ($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 France (-9.4%), while the prices for the other major destinations experienced a decline.

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

Imports into Spain

In 2022, purchases abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA decreased by -34.7% to X units for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, saw resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 231%. Imports peaked at X units in 2021, and then dropped remarkably in the following year.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA dropped modestly to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.6% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of 80%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier to Spain, with a 77% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from China exceeded the figures recorded by the second-largest supplier, Italy (X units), sevenfold. The third position in this ranking was taken by the United States (X units), with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +28.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.7% per year) and the United States (+24.8% per year).

In value terms, China ($X), Italy ($X) and France ($X) were the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA suppliers to Spain, with a combined 63% share of total imports. Turkey, Portugal, the United States and the UK lagged somewhat behind, together comprising a further 26%.

Portugal, with a CAGR of +36.9%, saw the highest growth rate of the value of imports, among 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 over X kVA but under X kVA stood at $X per unit in 2022, rising by 51% against the previous year. In general, the import price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 110% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, 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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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