Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India - 2023
Contents:
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India (FOB) - 2022
- Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India (CIF) - 2022
- Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India
- Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India (FOB) - 2022
In 2022, the average export price for generators amounted to $938 per unit, surging by 7.6% against the previous year. Over the period under review, the export price showed a perceptible expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 57%. The export price peaked at $1,344 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,291 per unit), while the average price for exports to Nepal ($476 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 the United States (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India (CIF) - 2022
In 2022, the average import price for generators amounted to $321 per unit, increasing by 6.3% against the previous year. In general, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 292% against the previous year. As a result, import price reached the peak level of $798 per unit. From 2020 to 2022, the average 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 Japan ($930 per unit), while the price for China ($95 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India
Exports of generators from India soared to 56K units in 2022, growing by 25% compared with 2021 figures. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 115% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of generators surged to $52M in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.6 | 7.6 | 11.6 | 12.9 | 19.3% |
| Spain | 4.3 | 3.3 | 6.1 | 10.1 | 32.9% |
| Italy | 3.8 | 2.8 | 3.7 | 7.2 | 23.7% |
| France | 12.1 | 10.0 | 8.4 | 5.3 | -24.1% |
| United Arab Emirates | 0.8 | 0.8 | 2.0 | 3.5 | 63.6% |
| Nepal | 0.2 | 0.1 | 0.1 | 2.8 | 141.0% |
| Turkey | 0.5 | 0.8 | 1.2 | 2.6 | 73.2% |
| Lebanon | 0.4 | 0.4 | 1.2 | 2.2 | 76.5% |
| South Africa | 0.3 | 0.3 | 0.8 | 1.7 | 78.3% |
| United Kingdom | 4.3 | 0.6 | 0.9 | 1.6 | -28.1% |
| Others | 1.3 | 1.3 | 2.7 | 2.1 | 17.3% |
| Total | 35.6 | 27.9 | 38.7 | 52.2 | 13.6% |
Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from India in 2022:
- Spain (11.3K units)
- United States (10.0K units)
- Italy (8.5K units)
- Nepal (5.8K units)
- France (5.3K units)
- United Arab Emirates (3.5K units)
- Lebanon (2.4K units)
- Turkey (2.1K units)
- United Kingdom (2.1K units)
- South Africa (1.9K units)
Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India
In 2022, approx. 43K units of generators were imported into India; waning by -8.3% compared with the previous year. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 137% against the previous year. As a result, imports attained the peak of 46K units, and then reduced in the following year.
In value terms, imports of generators declined to $14M in 2022. In general, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Imports peaked at $25M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.0 | 2.7 | 6.7 | 6.2 | -8.1% |
| China | 0.7 | 0.7 | 2.5 | 2.2 | 46.5% |
| Italy | 0.8 | 0.9 | 0.9 | 1.6 | 26.0% |
| Singapore | 10.9 | 3.8 | 2.4 | 0.1 | -79.1% |
| Others | 4.2 | 2.8 | 1.5 | 3.7 | -4.1% |
| Total | 24.6 | 10.9 | 14.0 | 13.7 | -17.7% |
Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to India in 2022:
- China (22.7K units)
- France (12.6K units)
- Italy (6.2K units)
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