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

Contents:

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

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

In 2022, the average export price for electric generators amounted to $19,135 per unit, rising by 4.5% against the previous year. Over the period under review, the export price, however, saw a abrupt setback. The growth pace was the most rapid in 2016 when the average export price increased by 3,248%. Over the period under review, the average export prices attained the peak figure at $51,944 per unit in 2017; however, from 2018 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 the United States ($70,860 per unit), while the average price for exports to Germany ($7,115 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 China (+64.7%), 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 Vietnam (CIF) - 2022

In 2022, the average import price for electric generators amounted to $44,483 per unit, which is down by -18.5% against the previous year. Overall, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2017 an increase of 61%. The import price peaked at $63,195 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Singapore ($49,530 per unit), while the price for Taiwan (Chinese) ($20,309 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 4.4K units of electric generators were exported from Vietnam; which is down by -26.3% against the previous year. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 192%. As a result, the exports reached the peak of 6K units, and then plummeted in the following year.

In value terms, exports of electric generators contracted significantly to $85M in 2022. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 22%. As a result, the exports attained the peak of $110M, and then contracted sharply in the following year.

Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States89.271.774.156.5-14.1%
GermanyN/A0.822.823.7444.3%
ChinaN/AN/A0.83.4325.0%
Brazil15.916.810.40.3-73.4%
Others1.30.81.70.6-22.7%
Total10690.111084.6-7.2%

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

  1. Germany (3333.0 units)
  2. United States (798.0 units)
  3. China (240.0 units)
  4. Brazil (8.0 units)

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

For the third consecutive year, Vietnam recorded decline in purchases abroad of electric generators, which decreased by -47.9% to 591 units in 2022. In general, imports recorded a dramatic contraction. The smallest decline of -6.1% was in 2021. Over the period under review, imports of hit record highs at 2.9K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of electric generators reduced sharply to $26M in 2022. Overall, imports faced a dramatic setback. The smallest decline of -5.2% was in 2021. Imports peaked at $138M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11823.749.316.7-47.9%
India11.516.52.04.1-29.1%
PolandN/AN/AN/A2.10%
Austria0.41.30.60.720.5%
United States0.81.00.10.5-14.5%
Japan0.40.60.10.57.7%
Spain1.62.13.80.4-37.0%
Taiwan (Chinese)0.10.2N/A0.344.2%
Others5.220.06.11.0-42.3%
Total13865.361.926.3-42.5%

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

  1. China (370.0 units)
  2. India (90.0 units)
  3. Poland (45.0 units)
  4. Austria (15.0 units)
  5. Taiwan (Chinese) (13.0 units)
  6. United States (12.0 units)
  7. Japan (12.0 units)
  8. Spain (9.0 units)

Source: IndexBox Market Intelligence Platform

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