Asia-Pacific: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Asia-Pacific

For the third year in a row, the Asia-Pacific market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA recorded decline in sales value, which decreased by -11% to $X in 2022. Overall, consumption continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when the market value increased by 8.6% against the previous year. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Diesel or Semi-Diesel Electric Generating Sets of Output Over X kVA but Under X kVA in Asia-Pacific

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA dropped to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 12% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports in Asia-Pacific

In 2022, the amount of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exported in Asia-Pacific skyrocketed to X units, picking up by 36% compared with 2021. Total exports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.2% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA skyrocketed to $X in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the major exporter of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA in Asia-Pacific, with the volume of exports accounting for X units, which was near 79% of total exports in 2022. India (X units) held the second position in the ranking, followed by Japan (X units). All these countries together took near 15% share of total exports. Singapore (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +8.1% from 2012 to 2022. At the same time, India (+10.1%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +10.1% from 2012-2022. By contrast, Japan (-2.7%) and Singapore (-5.1%) illustrated a downward trend over the same period. While the share of China (+12 p.p.) and India (+3.2 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Singapore (-4.1 p.p.) and Japan (-6.6 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier in Asia-Pacific, comprising 74% of total exports. The second position in the ranking was taken by India ($X), with a 13% share of total exports. It was followed by Japan, with a 6.6% share.

In China, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased at an average annual rate of +4.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+11.6% per year) and Japan (-4.3% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per unit in 2022, with a decrease of -4.4% against the previous year. Over the period under review, the export price showed a perceptible curtailment. The growth pace was the most rapid in 2016 when the export price increased by 9.1% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.3%), while the other leaders experienced a decline in the export price figures.

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports in Asia-Pacific

Imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA soared to X units in 2022, picking up by 31% compared with the year before. The total import volume increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports of attained the maximum at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA soared to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible curtailment. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Philippines (X units), distantly followed by Indonesia (X units), Australia (X units) and Singapore (X units) represented the largest importers of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA, together making up 63% of total imports. The following importers - New Zealand (X units), Vietnam (X units), Myanmar (X units), Malaysia (X units), Japan (X units), Pakistan (X units), Sri Lanka (X units), Thailand (X units) and Bangladesh (X units) - together made up 26% of total imports.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +37.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA importing markets in Asia-Pacific were Indonesia ($X), Australia ($X) and Singapore ($X), together accounting for 46% of total imports. The Philippines, Bangladesh, Vietnam, Thailand, New Zealand, Japan, Malaysia, Myanmar, Pakistan and Sri Lanka lagged somewhat behind, together accounting for a further 37%.

Among the main importing countries, Myanmar, with a CAGR of +27.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, shrinking by -5.3% against the previous year. In general, the import price recorded a pronounced decrease. The pace of growth was the most pronounced in 2020 when the import price increased by 24% against the previous year. The level of import peaked at $X 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 importing countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+8.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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