MENA: 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 MENA

The MENA's market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA contracted to $X in 2022, falling by -6.4% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 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 MENA

In value terms, production of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA reduced notably to $X in 2022 estimated in export price. Overall, production recorded buoyant growth. The pace of growth was the most pronounced in 2021 when the production volume increased by 738%. As a result, production attained the peak level of $X, and then contracted dramatically in the following year.

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

Exports in MENA

Exports 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 56% on 2021 figures. Total exports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.7% 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 +95.7% against 2020 indices. As a result, the exports attained 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 soared to $X in 2022. Total exports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +2.6% 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 +89.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey prevails in kVA structure, resulting at X units, which was approx. 86% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units), creating a 5.4% share of total exports. Lebanon (X units) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports, with a CAGR of +12.2% from 2012 to 2022. The United Arab Emirates (-6.4%) and Lebanon (-14.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Turkey increased by +43 percentage points.

In value terms, Turkey ($X) remains the largest diesel or semi-diesel electric generating set of output over X kVA but under X kVA supplier in MENA, comprising 82% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 5.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Turkey totaled +8.8%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (-1.0% per year) and Lebanon (-14.0% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, reducing by -6.9% against the previous year. Overall, the export price saw a perceptible reduction. The growth pace was the most rapid in 2021 an increase of 4% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.8%), while the other leaders experienced mixed trends 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 MENA

After six years of decline, overseas purchases of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA increased by 19% to X units in 2022. Over the period under review, imports, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of 58%. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports of 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 expanded significantly to $X in 2022. In general, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 9.9% against the previous year. 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

The countries with the highest levels of imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA in 2022 were Qatar (X units), Iraq (X units), the United Arab Emirates (X units), Turkey (X units), Egypt (X units), Libya (X units), Israel (X units), Algeria (X units), Kuwait (X units), Yemen (X units), Oman (X units) and Morocco (X units), together accounting for 94% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Israel (with a CAGR of +11.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Iraq ($X) were the countries with the highest levels of imports in 2022, together comprising 34% of total imports. Israel, Algeria, Libya, Qatar, Egypt, Kuwait, Oman, Yemen and Morocco lagged somewhat behind, together comprising a further 48%.

In terms of the main importing countries, Israel, with a CAGR of +8.9%, 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 MENA amounted to $X per unit, declining by -10% against the previous year. Overall, the import price saw a pronounced slump. The pace of growth appeared the most rapid in 2019 when the import price increased by 17% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Algeria ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+3.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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