Europe: Engine Generator Market 2024

Engine Generator Market Size in Europe

After two years of growth, the Europe engine generator market decreased by X% to $X in 2022. Over the period under review, consumption showed a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Engine Generator Production in Europe

In value terms, engine generator production totaled $X in 2022 estimated in export price. Over the period under review, production saw a deep setback. The pace of growth was the most pronounced in 2016 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Engine Generator Exports

Exports in Europe

In 2022, approx. X units of generators for internal combustion engines were exported in Europe; which is down by X% compared with the year before. Overall, exports saw a pronounced curtailment. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. The volume of export peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, engine generator exports dropped to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

France represented the main exporter of generators for internal combustion engines in Europe, with the volume of exports finishing at X units, which was near X% of total exports in 2022. Germany (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Hungary (X%), Spain (X%), Italy (X%), Poland (X%) and the UK (X%).

Exports from France decreased at an average annual rate of X% from 2012 to 2022. At the same time, Hungary (X%), Poland (X%) and Italy (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2022. The UK experienced a relatively flat trend pattern. By contrast, Germany (X%) and Spain (X%) illustrated a downward trend over the same period. While the share of Hungary (X p.p.), Poland (X p.p.) and Italy (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Spain (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest engine generator supplying countries in Europe were France ($X), Germany ($X) and Spain ($X), with a combined X% share of total exports. Italy, Hungary, Poland and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Hungary, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, which is down by X% against the previous year. Export price indicated notable growth from 2012 to 2022: its price 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. Based on 2022 figures, engine generator export price increased by X% against 2017 indices. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of export peaked at $X per unit in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the UK ($X per unit) was amongst the lowest.

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

Engine Generator Imports

Imports in Europe

In 2022, approx. X units of generators for internal combustion engines were imported in Europe; waning by X% compared with 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, engine generator imports shrank to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) was the main importer of generators for internal combustion engines, creating X% of total imports. France (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Poland (X%), Italy (X%), Spain (X%), the UK (X%), Slovakia (X%), the Netherlands (X%) and Russia (X%). The following importers - the Czech Republic (X units), Romania (X units), Belgium (X units) and Sweden (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to engine generator imports into Germany stood at X%. At the same time, Poland (X%), Romania (X%), the Netherlands (X%), Italy (X%), the Czech Republic (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. Russia, France, Sweden and Spain experienced a relatively flat trend pattern. By contrast, Belgium (X%) and the UK (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Poland, Italy, the Netherlands and Romania increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported generators for internal combustion engines in Europe, comprising X% of total imports. The second position in the ranking was taken by France ($X), with an X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Germany was relatively modest. In the other countries, the average annual rates were as follows: France (X% per year) and the UK (X% per year).

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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