United Kingdom: 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 the UK

The UK market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA surged to $X in 2022, growing by 48% against the previous year. Overall, consumption recorded buoyant growth. As a result, consumption reached the peak level of $X. From 2021 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 the UK

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA contracted slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 34% against the previous year. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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

Exports from the UK

Exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from the UK fell to X units in 2022, declining by -9% against the previous year's figure. Over the period under review, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 11%. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA rose significantly to $X in 2022. In general, exports faced a drastic downturn. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Iraq (X units) and Bangladesh (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from the UK, together accounting for 39% of total exports. Turkey, the Netherlands, Nigeria, Poland, the United Arab Emirates, Singapore, Ukraine, South Africa and Israel lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +22.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for diesel or semi-diesel electric generating set of output over X kVA but under X kVA exported from the UK were the United States ($X), the Netherlands ($X) and Singapore ($X), together comprising 37% of total exports. Turkey, Bangladesh, Ukraine, Iraq, Nigeria, Poland, the United Arab Emirates, Israel and South Africa lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, Ukraine, with a CAGR of +28.3%, 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

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, rising by 18% against the previous year. Overall, the export price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2017 an increase of 36%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Iraq ($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 Singapore (+6.3%), 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 the UK

In 2022, supplies from abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 40% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by 146% against the previous year. Over the period under review, imports of attained the peak figure at X units in 2019; however, from 2020 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. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of 91% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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 the UK, accounting for a 39% 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, Spain (X units), threefold. India (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +29.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+22.8% per year) and India (+27.7% per year).

In value terms, the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA suppliers to the UK were Italy ($X), China ($X) and India ($X), with a combined 55% share of total imports. France, Spain, Turkey, Sweden and Germany lagged somewhat behind, together comprising a further 38%.

Sweden, with a CAGR of +110.0%, recorded 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, growing by 15% against the previous year. Over the period under review, the import price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 55%. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, 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 Italy ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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