Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States - 2023
Contents:
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States (CIF) - 2022
- Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States (FOB) - 2022
- Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States
- Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States (CIF) - 2022
The average import price for electric generators stood at $27,499 per unit in 2022, which is down by -10.4% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 11%. The import price peaked at $47,677 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($161,875 per unit), while the price for Hungary ($11,819 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States (FOB) - 2022
In 2022, the average export price for electric generators amounted to $66,115 per unit, waning by -9.3% against the previous year. Overall, the export price recorded a perceptible shrinkage. The growth pace was the most rapid in 2013 an increase of 22% against the previous year. As a result, the export price attained the peak level of $124,137 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($204,085 per unit), while the average price for exports to Denmark ($11,741 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States
Imports of electric generators into the United States expanded rapidly to 14K units in 2022, rising by 14% on the previous year's figure. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric generators rose to $394M in 2022. In general, imports, however, continue to indicate a mild slump. Imports peaked at $412M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 51.5 | 50.1 | 86.1 | 108 | 28.0% |
| Vietnam | 95.3 | 63.0 | 77.0 | 60.3 | -14.1% |
| Romania | 40.4 | 29.4 | 32.5 | 38.0 | -2.0% |
| Czech Republic | 5.5 | 13.4 | 18.7 | 29.6 | 75.2% |
| China | 20.5 | 17.0 | 18.6 | 28.2 | 11.2% |
| Germany | 18.4 | 30.5 | 32.0 | 25.0 | 10.8% |
| Spain | 63.5 | 88.6 | 55.4 | 19.4 | -32.6% |
| Serbia | 37.7 | 23.3 | 9.1 | 12.8 | -30.2% |
| India | 6.2 | 4.2 | 6.2 | 12.3 | 25.7% |
| Italy | 7.3 | 9.5 | 3.8 | 9.2 | 8.0% |
| Brazil | 1.5 | 5.0 | 3.6 | 8.9 | 81.0% |
| Hungary | 6.5 | 6.2 | N/A | 7.6 | 5.3% |
| Others | 57.5 | 48.7 | 44.3 | 34.3 | -15.8% |
| Total | 412 | 389 | 387 | 394 | -1.5% |
Top Suppliers of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA to the United States in 2022:
- Mexico (6.4K units)
- China (2.2K units)
- Czech Republic (1.0K units)
- Vietnam (1.0K units)
- Romania (0.6K units)
- Hungary (0.6K units)
- India (0.5K units)
- Italy (0.4K units)
- Spain (0.4K units)
- Germany (0.3K units)
- Brazil (0.2K units)
- Serbia (0.2K units)
Exports of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States
In 2022, shipments abroad of electric generators was finally on the rise to reach 3.9K units after two years of decline. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric generators surged to $256M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.5 | 16.2 | 2.6 | 59.7 | 109.4% |
| South Korea | 2.1 | 6.7 | 21.6 | 47.1 | 182.0% |
| Mexico | 20.9 | 11.9 | 12.5 | 23.3 | 3.7% |
| Canada | 9.2 | 12.7 | 18.8 | 18.8 | 26.9% |
| Algeria | 0.2 | 0.2 | 16.3 | 18.5 | 352.3% |
| Taiwan (Chinese) | 10.8 | 10.0 | 0.2 | 17.7 | 17.9% |
| China | 15.2 | 5.4 | 7.3 | 12.5 | -6.3% |
| Sri Lanka | N/A | N/A | N/A | 5.6 | 0% |
| Italy | 8.1 | 0.2 | 0.3 | 0.8 | -53.8% |
| Denmark | 0.1 | 0.1 | 1.3 | 0.8 | 100.0% |
| Thailand | 13.2 | 0.4 | N/A | N/A | -97.0% |
| Qatar | 7.2 | N/A | N/A | N/A | 0% |
| Bahrain | 9.7 | 14.7 | 5.0 | N/A | -28.2% |
| Others | 96.9 | 84.7 | 87.4 | 51.3 | -19.1% |
| Total | 200 | 163 | 173 | 256 | 8.6% |
Top Export Markets for Electric Generators; AC Generators, (Alternators), of an Output Exceeding 750kVA from the United States in 2022:
- Germany (896.0 units)
- Canada (762.0 units)
- Mexico (579.0 units)
- Taiwan (Chinese) (272.0 units)
- Sri Lanka (241.0 units)
- South Korea (231.0 units)
- Algeria (117.0 units)
- China (87.0 units)
- Denmark (69.0 units)
- Italy (27.0 units)
- Qatar (1.0 units)
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