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

Contents:

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

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

In 2022, the average export price for electric generators amounted to $56,598 per unit, surging by 41% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 108% against the previous year. As a result, the export price reached the peak level of $90,311 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($196,360 per unit), while the average price for exports to Bhutan ($9,945 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 Nepal (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for electric generators amounted to $32,785 per unit, increasing by 105% against the previous year. Overall, the import price, however, showed a perceptible shrinkage. Over the period under review, average import prices hit record highs at $45,690 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($50,686 per unit), while the price for the United States ($23,022 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1,770.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in India

In 2022, shipments abroad of electric generators decreased by -39.5% to 1.4K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 71%. Over the period under review, the exports of reached the peak figure at 2.3K units in 2021, and then dropped sharply in the following year.

In value terms, exports of electric generators fell to $78M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, the exports attained the peak of $91M, and then reduced in the following year.

Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam11.68.95.916.111.5%
United States6.34.15.214.331.4%
Austria4.89.611.313.340.5%
Nepal7.27.42.76.1-5.4%
Turkey2.82.91.93.911.7%
Germany3.30.62.23.95.7%
Bhutan3.59.212.92.6-9.4%
Others32.421.149.218.0-17.8%
Total71.863.991.378.22.9%

Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from India in 2022:

  1. United States (369.0 units)
  2. Bhutan (264.0 units)
  3. Nepal (179.0 units)
  4. Austria (117.0 units)
  5. Turkey (109.0 units)
  6. Vietnam (82.0 units)
  7. Germany (42.0 units)

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

Imports of electric generators into India soared to 1.4K units in 2022, picking up by 18% compared with the year before. Overall, imports, however, saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 105%. Over the period under review, imports of reached the maximum at 1.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of electric generators surged to $45M in 2022. Over the period under review, imports, however, saw a abrupt decline. Over the period under review, imports of attained the maximum at $54M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.88.98.436.037.7%
Germany16.33.34.47.2-23.8%
Spain8.5N/A0.1N/A-89.2%
Russia1.27.3N/AN/A508.3%
SloveniaN/AN/A4.3N/A0%
Others14.23.01.52.1-47.1%
Total54.022.518.745.3-5.7%

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

  1. China (1165.0 units)
  2. Germany (142.0 units)
  3. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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