Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Azerbaijan - 2023

Contents:

  1. Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Azerbaijan (CIF) - 2022
  2. Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Azerbaijan

Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Azerbaijan (CIF) - 2022

In 2022, the average import price for electric generators amounted to $171,879 per unit, rising by 2,729% against the previous year. In general, the import price continues to indicate a measured expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($399,991 per unit), while the price for China ($869 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+113.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Azerbaijan

For the third consecutive year, Azerbaijan recorded decline in overseas purchases of electric generators, which decreased by -20% to 12 units in 2022. In general, imports faced a dramatic slump. Imports peaked at 35 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electric generators soared to $2.1M in 2022. Overall, imports, however, posted a pronounced expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy34.67.325.71,175223.8%
AustriaN/AN/AN/A4850%
Germany17075.38.640033.0%
United States69.312.10.61.7-70.9%
China1131168.90.9-80.0%
RussiaN/AN/AN/AN/A0%
LebanonN/A16.05.8N/A-63.7%
Japan44221832.3N/A-73.0%
Others1,01752.99.3N/A-90.4%
Total1,84549891.12,0633.8%

Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to Azerbaijan in 2022:

  1. Italy (7.0 units)
  2. Austria (2.0 units)
  3. United States (1.0 units)
  4. China (1.0 units)
  5. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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