Which Country Exports the Most Engine Generators in the World?
Parts And Accessories For Motor Vehicles May 28, 2018
In 2016, the global exports of engine generator stood at 1.3M tonnes, increasing by 8% against the previous year figure. Overall, it indicated a perceptible increase from 2007 to 2016: the total exports volume increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, engine generator exports increased by +62.9% against its level of 2009. The pace of growth was the most pronounced in 2013, when exports increased by 14% year-to-year. Over the period under review, global engine generator exports attained its maximum volume in 2016, and are expected to retain its growth in the immediate term.
In value terms, engine generator exports amounted to $19B in 2016. The total export value increased at an average annual rate of +3.4% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations over the period under review. Global engine generator export peaked of $20B in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.
Top Engine Generator Exporting Countries in the World
1. Japan (3.3 billion USD)
2. USA (2.3 billion USD)
3. China (2.0 billion USD)
4. Germany (1.8 billion USD)
5. Mexico (1.7 billion USD)
6. France (1.1 billion USD)
7. Hungary (0.7 billion USD)
8. South Korea (0.6 billion USD)
9. Spain (0.5 billion USD)
10. Italy (0.5 billion USD)
11. Poland (0.4 billion USD)
12. Thailand (0.3 billion USD)
Engine Generator Exports By Country
The countries with the highest levels of engine generator exports in 2016 were Japan (216K tonnes), China (181K tonnes), the U.S. (130K tonnes), and Mexico (118K tonnes), together recording 51% of total export. France (77K tonnes) held a 6% share (based on tonnes) of global engine generator exports, which put it in second place, following Spain (6%), and Germany (5%). Hungary (56K tonnes), South Korea (47K tonnes), Italy (41K tonnes), Poland (27K tonnes), and Thailand (24K tonnes) took the mild share of total exports.
From 2007 to 2016, the most notable growth rate of engine generator exports, among the main exporting countries, was attained by Spain (+15.0% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the largest engine generator markets worldwide were Japan ($3.3B), the U.S. ($2.3B) and China ($2B), with a combined 41% share of global exports.
China (+13.0% per year) experienced the highest rates of growth with regard to the engine generator exports, among the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.
Engine Generator Export Prices By Country
In 2016, the average export price for engine generator amounted to $15 per kg, dropping by -3.6% against the previous year. In general, engine generator export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when export increased by 13% y-o-y. Over the period under review, average engine generator export price attained its maximum level of $18 per kg in 2011; however, from 2012 to 2016, it stood at a somewhat lower level.
Export prices varied noticeably by country of destination. the country with the highest export prices was Germany ($27 per kg), while Spain ($6,856 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of engine generator export prices was attained by South Korea (+7.6% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global engine generator market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- engine generator market share
- engine generator prices
- engine generator industry
- engine generator sales
- engine generator import
- engine generator export
- engine generator market forecast
- engine generator price forecast
- key engine generator producers
All data provided in this article covers the following product: HS Code 8511 - Ignition or starting equipment; used for spark-ignition or compression-ignition internal combustion engines; generators and cut outs used in conjunction with such engines.
Source: World: Generators For Internal Combustion Engines - Market Report. Analysis and Forecast to 2025
