Turkey: 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 Turkey

In 2022, the Turkish market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA decreased by -23.3% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption showed perceptible growth. As a result, consumption reached the peak level of $X, and then shrank sharply in the following year.

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

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA shrank sharply to $X in 2022 estimated in export price. In general, production continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,325% against the previous year. As a result, production reached the peak level of $X, and then fell dramatically in the following year.

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

Exports from Turkey

Exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Turkey soared to X units in 2022, growing by 70% compared with the previous year's figure. Over the period under review, exports continue to indicate a strong increase. 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 over X kVA but under X kVA skyrocketed to $X in 2022. In general, exports continue to indicate a resilient expansion. As a result, the exports reached 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 Turkey, accounting for a 22% 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, Iraq (X units), threefold. The third position in this ranking was taken by Libya (X units), with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume to Ukraine stood at +45.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+3.9% per year) and Libya (+15.8% per year).

In value terms, Ukraine ($X) emerged as the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Turkey, comprising 20% of total exports. The second position in the ranking was taken by Iraq ($X), with an 8.5% share of total exports. It was followed by Russia, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value to Ukraine totaled +41.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+2.4% per year) and Russia (+12.0% per year).

Export Prices by Country

The average export 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, dropping by -3.7% against the previous year. Overall, the export price recorded a noticeable slump. The pace of growth was the most pronounced in 2021 an increase of 3.9%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, 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 the Netherlands ($X per unit), while the average price for exports to Serbia ($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 Israel (+1.5%), 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 Turkey

In 2022, imports of diesel or semi-diesel electric generating sets of output over X kva but under X kva into Turkey soared to X units, surging by 19% compared with 2021. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 75% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA surged to $X in 2022. In general, imports posted a mild increase. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of diesel or semi-diesel electric generating set of output over X kVA but under X kVA to Turkey, accounting for a 82% 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, the UK (X units), more than tenfold. The third position in this ranking was held by India (X units), with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-2.0% per year) and India (+53.2% per year).

In value terms, China ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Turkey, comprising 58% of total imports. The second position in the ranking was taken by the UK ($X), with a 21% share of total imports. It was followed by France, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+3.2% per year) and France (+33.8% per year).

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 35% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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