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

Contents:

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

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

The average import price for electric generators stood at $85,162 per unit in 2022, jumping by 53% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 66% against the previous year. As a result, import price reached the peak level of $115,767 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($433,793 per unit), while the price for the UK ($16,736 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for electric generators stood at $93,956 per unit in 2022, which is down by -22.3% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 127%. Over the period under review, the average export prices attained the peak figure at $397,837 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($309,979 per unit), while the average price for exports to the Netherlands ($668 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 Faroe Islands (+136.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, purchases abroad of electric generators decreased by -69% to 306 units in 2022. Overall, imports, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 139%. Imports peaked at 986 units in 2021, and then fell sharply in the following year.

In value terms, imports of electric generators shrank dramatically to $26M in 2022. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 32%. Imports peaked at $55M in 2021, and then declined markedly in the following year.

Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic7.93.77.14.7-15.9%
Denmark0.18.420.33.8236.2%
Romania1.90.40.73.421.4%
Italy3.23.33.62.9-3.2%
Spain6.812.49.42.1-32.4%
France3.02.73.42.0-12.6%
China1.7N/A3.91.2-11.0%
Germany1.22.61.50.6-20.6%
United Kingdom1.91.21.00.4-40.5%
Serbia0.10.20.2N/A41.4%
Others4.98.44.04.90.0%
Total32.843.254.926.1-7.3%

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

  1. Denmark (121.0 units)
  2. Italy (40.0 units)
  3. Czech Republic (26.0 units)
  4. United Kingdom (26.0 units)
  5. Romania (23.0 units)
  6. China (17.0 units)
  7. France (16.0 units)
  8. Spain (10.0 units)
  9. Germany (7.0 units)

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

Exports of electric generators from Norway rose markedly to 38 units in 2022, increasing by 12% against the previous year's figure. Over the period under review, total exports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +2.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 55%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of electric generators contracted to $3.6M in 2022. Overall, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. The exports peaked at $4.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark9137158431,67422.4%
Germany72.019.383.253495.0%
TurkeyN/AN/AN/A4590%
FinlandN/AN/AN/A4210%
ItalyN/A52.7304310142.5%
Sweden72.9N/A7.410814.0%
Faroe IslandsN/AN/AN/A61.80%
South KoreaN/AN/AN/A1.00%
Netherlands139N/A1.60.7-82.9%
Russia2,342N/AN/AN/A0%
BelgiumN/AN/A225N/A0%
United Kingdom3589.760.8N/A-58.8%
AustraliaN/AN/A1,984N/A0%
Others7222,3496050.7-90.1%
Total4,6193,1464,1133,570-8.2%

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

  1. Germany (20.0 units)
  2. Denmark (6.0 units)
  3. Turkey (3.0 units)
  4. Finland (2.0 units)
  5. Sweden (2.0 units)
  6. Netherlands (1.0 units)
  7. Italy (1.0 units)
  8. Faroe Islands (1.0 units)
  9. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform

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