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

Contents:

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

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

In 2022, the average import price for electric generators amounted to $1,572 per unit, declining by -21.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by 116%. Over the period under review, average import prices attained the maximum at $6,456 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 China ($3,199 per unit), while the price for Poland ($246 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+36.8%), 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 South Africa (FOB) - 2022

The average export price for electric generators stood at $2,338 per unit in 2022, which is down by -33.9% against the previous year. In general, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of 142% against the previous year. As a result, the export price reached the peak level of $15,339 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

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 Botswana ($15,566 per unit), while the average price for exports to the Netherlands ($21 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 Somalia (+39.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of electric generators into South Africa soared to 4.2K units, growing by 25% against 2021 figures. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 142%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of electric generators shrank to $6.6M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +24.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 50%. Over the period under review, imports of reached the peak figure at $6.8M in 2021, and then declined modestly in the following year.

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

1. United Kingdom (1166.0 units)
2. Romania (925.0 units)
3. China (761.0 units)
4. Denmark (449.0 units)
5. United States (387.0 units)
6. Germany (290.0 units)
7. Czech Republic (4.0 units)

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

In 2022, the amount of electric generators exported from South Africa soared to 1.6K units, jumping by 129% compared with 2021 figures. Overall, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of electric generators soared to $3.7M in 2022. In general, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, the exports of attained the peak figure at $4.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. Angola (983.0 units)
2. Netherlands (200.0 units)
3. Germany (118.0 units)
4. Democratic Republic of the Congo (68.0 units)
5. Zimbabwe (42.0 units)
6. Namibia (36.0 units)
7. Botswana (27.0 units)
8. Mozambique (10.0 units)
9. Zambia (9.0 units)
10. Lesotho (8.0 units)
11. United States (1.0 units)
12. Somalia (1.0 units)

Source: IndexBox Market Intelligence Platform