U.S. - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

U.S. - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights

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Engine Generator Price in the United States - 2023

Contents:

  1. Engine Generator Price in the United States (CIF) - 2023
  2. Engine Generator Price in the United States (FOB) - 2023
  3. Engine Generator Imports in the United States
  4. Engine Generator Exports in the United States

Engine Generator Price in the United States (CIF) - 2023

In September 2023, the average engine generator import price amounted to $73.4 per unit, with a decrease of -3.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 4.8% against the previous month. The import price peaked at $76.4 per unit in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($81.0 per unit), while the price for Malaysia ($52.4 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.

Engine Generator Price in the United States (FOB) - 2023

In September 2023, the average engine generator export price amounted to $62.6 per unit, increasing by 12% against the previous month. In general, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Canada ($94.4 per unit), while the average price for exports to Mexico ($39.7 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Engine Generator Imports in the United States

In 2022, approx. 18M units of generators for internal combustion engines were imported into the United States; growing by 4.5% against the previous year. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. Over the period under review, imports reached the maximum at 18M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, engine generator imports expanded notably to $1.3B in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 21%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Engine Generator in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico6755486376940.9%
Japan2421862212501.1%
China1101021311439.1%
South Korea13.925.055.477.977.6%
Malaysia20.124.722.621.01.5%
Others11498.21181263.4%
Total1,1759831,1861,3123.7%

Top Suppliers of Engine Generator to the United States in 2022:

  1. Mexico (10.0M units)
  2. Japan (3.0M units)
  3. China (2.7M units)
  4. South Korea (0.9M units)
  5. Malaysia (0.4M units)

Engine Generator Exports in the United States

In 2022, shipments abroad of generators for internal combustion engines was finally on the rise to reach 10M units after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports attained the maximum at 12M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, engine generator exports rose sharply to $572M in 2022. In general, exports, however, saw a pronounced decrease. Over the period under review, the exports hit record highs at $647M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Engine Generator in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico343286288284-6.1%
Canada16110198.3134-5.9%
Japan4.67.18.317.756.7%
Australia11.211.713.817.415.8%
Netherlands23.643.76.11.9-56.8%
Others10475.493.31174.0%
Total647525507572-4.0%

Top Export Markets for Engine Generator from the United States in 2022:

  1. Netherlands (undefinedM units)
  2. Mexico (7.0M units)
  3. Canada (1.5M units)
  4. Australia (0.2M units)
  5. Japan (0.2M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the engine generator market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)

Country coverage:

  • United States

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the U.S.
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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