Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada - 2023
Contents:
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada (CIF) - 2022
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada (FOB) - 2023
- Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada
- Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada (CIF) - 2022
In 2022, the average import price for electric generators amounted to $1,321 per unit, declining by -14.5% against the previous year. Over the period under review, the import price, however, saw a pronounced expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 76%. The import price peaked at $1,545 per unit in 2021, and then reduced in the following year.
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 Brazil ($25,815 per unit), while the price for China ($527 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada (FOB) - 2023
The average export price for electric generators stood at $71,160 per unit in October 2023, picking up by 81% against the previous month. Over the period under review, the export price saw a resilient increase. The growth pace was the most rapid in April 2023 an increase of 104% m-o-m. The export price peaked at $94,082 per unit in August 2023; afterwards, it flattened through to October 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From December 2022 to October 2023, the rate of growth in terms of prices for the United States amounted to +7.8% per month.
Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada
After two years of decline, purchases abroad of electric generators increased by 12% to 25K units in 2022. In general, imports, however, continue to indicate a abrupt curtailment. Imports peaked at 30K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of electric generators reduced slightly to $34M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 57% against the previous year. As a result, imports reached the peak of $35M, and then reduced modestly in the following year.
| Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.6 | 8.7 | 11.7 | 14.2 | 23.2% |
| Brazil | N/A | 7.5 | 8.1 | 10.2 | 16.6% |
| China | 0.6 | 0.5 | 0.5 | 2.1 | 51.8% |
| Spain | 1.8 | 0.1 | 5.3 | 0.8 | -23.7% |
| Slovenia | 1.8 | N/A | N/A | N/A | 0% |
| Others | 4.6 | 5.6 | 9.4 | 6.3 | 11.1% |
| Total | 16.4 | 22.4 | 35.0 | 33.6 | 27.0% |
Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to Canada in 2022:
- United States (20.0K units)
- China (4.0K units)
- Brazil (0.4K units)
- Spain (0.4K units)
Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada
For the fourth consecutive year, Canada recorded growth in overseas shipments of electric generators, which increased by 63% to 231 units in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 177% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, exports of electric generators surged to $13M in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 135%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 3.8 | 8.9 | 13.2 | 154.6% |
| Germany | 2.3 | N/A | N/A | N/A | 0% |
| Qatar | N/A | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.1 | 0.2 | N/A | -29.3% |
| Total | 3.5 | 3.9 | 9.1 | 13.2 | 55.7% |
Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from Canada in 2022:
- United States (225.0 units)
- Qatar (4.0 units)
- Germany (1.0 units)
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