Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey - 2023

Contents:

  1. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey (CIF) - 2022
  2. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey (FOB) - 2022
  3. Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey
  4. Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey (CIF) - 2022

In 2022, the average import price for generators amounted to $812 per unit, with an increase of 8.3% against the previous year. Overall, the import price showed a resilient increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 134% against the previous year. The import price peaked at $868 per unit in 2016; however, from 2017 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 Germany ($1,611 per unit), while the price for South Korea ($508 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey (FOB) - 2022

In 2022, the average export price for generators amounted to $430 per unit, increasing by 45% against the previous year. Over the period under review, the export price, however, saw a noticeable slump. The export price peaked at $790 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($888 per unit), while the average price for exports to Cameroon ($106 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 Ukraine (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey

Imports of generators into Turkey soared to 38K units in 2022, growing by 26% compared with the previous year's figure. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 45%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of generators soared to $31M in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.45.911.017.539.8%
Czech Republic1.51.93.03.431.4%
India0.61.11.92.151.8%
Italy1.41.61.61.52.3%
Germany0.54.52.91.544.2%
Others3.32.42.45.014.9%
Total13.817.422.831.231.2%

Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Turkey in 2022:

  1. China (26.8K units)
  2. Czech Republic (3.3K units)
  3. India (2.8K units)
  4. Italy (2.0K units)
  5. Germany (0.9K units)

Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey

In 2022, approx. 12K units of generators were exported from Turkey; falling by -76.6% against 2021. In general, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 1,298%. As a result, the exports attained the peak of 50K units, and then fell notably in the following year.

In value terms, exports of generators contracted sharply to $5.1M in 2022. Overall, exports, however, posted resilient growth. The growth pace was the most rapid in 2021 with an increase of 752% against the previous year. As a result, the exports attained the peak of $15M, and then shrank rapidly in the following year.

Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine0.38.812.61,4521591.5%
Iran24.56.33.6484170.3%
Russia10.6117160372227.4%
Italy7.479.88.3351262.0%
Poland1.60.20.1254441.5%
United Kingdom1.21.52.1208457.6%
Libya256301283114-23.6%
Bulgaria8.934.654.3105127.6%
Uzbekistan24.435.612,11210361.6%
Georgia27.346.161.197.152.6%
United Arab EmiratesN/A3.75.296.9411.8%
Iraq12661.834.885.0-12.3%
Cameroon2.7N/AN/A33.9132.4%
Others2,4521,0652,2561,321-18.6%
Total2,9441,76014,9945,07719.9%

Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Turkey in 2022:

  1. Iran (2360.0 units)
  2. Poland (2115.0 units)
  3. Ukraine (1635.0 units)
  4. Russia (647.0 units)
  5. Uzbekistan (450.0 units)
  6. Italy (435.0 units)
  7. Libya (394.0 units)
  8. Cameroon (319.0 units)
  9. Georgia (318.0 units)
  10. Bulgaria (286.0 units)
  11. Iraq (272.0 units)
  12. United Kingdom (267.0 units)
  13. United Arab Emirates (200.0 units)

Source: IndexBox Market Intelligence Platform

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