United Kingdom: Engine Generator Market 2024

Engine Generator Market Size in the UK

The UK engine generator market skyrocketed to $X in 2022, jumping by X% against the previous year. In general, consumption, however, saw a deep downturn. Engine generator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Engine Generator Production in the UK

In value terms, engine generator production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep setback. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

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Engine Generator Exports

Exports from the UK

In 2022, shipments abroad of generators for internal combustion engines increased by X% to X units, rising for the second year in a row after four years of decline. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, engine generator exports skyrocketed to $X in 2022. Overall, exports posted a mild expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

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

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

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

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

Export Prices by Country

In 2022, the average engine generator export price amounted to $X per unit, dropping by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Saudi Arabia ($X per unit) and Belgium ($X per unit), while the average price for exports to Malaysia ($X per unit) and the United Arab Emirates ($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 Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Engine Generator Imports

Imports into the UK

In 2022, approx. X units of generators for internal combustion engines were imported into the UK; picking up by X% on the previous year. Overall, imports, however, saw a noticeable decline. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, engine generator imports soared to $X in 2022. In general, imports, however, recorded a noticeable downturn. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

France (X units), China (X units) and Japan (X units) were the main suppliers of engine generator imports to the UK, together comprising X% of total imports. Poland, the United States, Spain, Germany, Slovenia, Italy, Slovakia, Hungary, the Czech Republic and Denmark lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X), China ($X) and Japan ($X) constituted the largest engine generator suppliers to the UK, with a combined X% share of total imports. Poland, the United States, Spain, Germany, Slovenia, Italy, Slovakia, Hungary, the Czech Republic and Denmark lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to 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 average engine generator import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, import price indicated a slight increase 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 import price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Spain ($X per unit) and Denmark ($X per unit), while the price for Hungary ($X per unit) and the United States ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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