Canada: Engine Generator Market 2024

Engine Generator Market Size in Canada

After four years of decline, the Canadian engine generator market increased by X% to $X in 2022. In general, consumption, however, showed a deep contraction. Engine generator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Engine Generator Production in Canada

In value terms, engine generator production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Engine generator production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Engine Generator Exports

Exports from Canada

In 2022, overseas shipments of generators for internal combustion engines were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, engine generator exports soared to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for engine generator exports from Canada, accounting for a X% share of total exports. Moreover, engine generator exports to the United States exceeded the volume sent to the second major destination, the Netherlands (X units), more than tenfold. The third position in this ranking was taken by France (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and France (X% per year).

In value terms, the United States ($X) remains the key foreign market for generators for internal combustion engines exports from Canada, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and France (X% per year).

Export Prices by Country

The average engine generator export price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price saw a slight shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped significantly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and Germany ($X per unit), while the average price for exports to Singapore ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greenland (X%), while the prices for the other major destinations experienced a decline.

Engine Generator Imports

Imports into Canada

In 2022, overseas purchases of generators for internal combustion engines increased by X% to X units for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, recorded a abrupt slump. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, engine generator imports soared to $X in 2022. Over the period under review, imports, however, saw a noticeable descent. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Mexico (X units), the United States (X units) and China (X units) were the main suppliers of engine generator imports to Canada, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest engine generator suppliers to Canada were the United States ($X), Mexico ($X) and China ($X), with a combined X% share of total imports.

Among the main suppliers, Mexico, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average engine generator import price stood at $X per unit in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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