Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States - 2023

Contents:

  1. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States (CIF) - 2022
  2. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States (FOB) - 2022
  3. Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States
  4. Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States (CIF) - 2022

In 2022, the average import price for generators amounted to $350 per unit, with a decrease of -22.4% against the previous year. Overall, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 21%. Over the period under review, average import prices attained the maximum at $634 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,234 per unit), while the price for Italy ($123 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States (FOB) - 2022

In 2022, the average export price for generators amounted to $2,963 per unit, rising by 3.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 13%. As a result, the export price attained the peak level of $3,254 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($7,856 per unit), while the average price for exports to France ($1,536 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 China (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States

Imports of generators into the United States fell markedly to 710K units in 2022, with a decrease of -27.7% against the previous year. In general, imports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of 983K units, and then shrank dramatically in the following year.

In value terms, imports of generators fell significantly to $249M in 2022. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $444M, and then reduced markedly in the following year.

Import of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China53.243.779.179.814.5%
Germany19.16.510.431.918.6%
Italy24.015.020.830.28.0%
Mexico23418123425.3-52.4%
India7.67.112.212.919.3%
Others99.669.887.468.9-11.6%
Total437323444249-17.1%

Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to the United States in 2022:

  1. China (360.2K units)
  2. Italy (244.5K units)
  3. Mexico (43.5K units)
  4. Germany (14.3K units)
  5. India (12.8K units)

Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States

In 2022, the amount of generators exported from the United States contracted to 62K units, which is down by -9% on 2021. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. The exports peaked at 74K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of generators shrank to $184M in 2022. Overall, exports showed a perceptible decline. The growth pace was the most rapid in 2021 when exports increased by 15% against the previous year. The exports peaked at $214M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico19.118.043.238.926.8%
Canada27.520.121.427.0-0.6%
Brazil44.216.529.323.2-19.3%
United Kingdom22.922.421.117.4-8.7%
France15.013.317.513.5-3.5%
China9.910.79.313.09.5%
Germany8.417.78.312.112.9%
South Korea1.33.93.84.045.4%
Turkey0.82.52.13.157.1%
Netherlands5.42.61.52.9-18.7%
Norway4.95.03.31.5-32.6%
Others54.937.135.527.7-20.4%
Total214170196184-4.9%

Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from the United States in 2022:

  1. Canada (13.8K units)
  2. Mexico (13.5K units)
  3. France (8.8K units)
  4. Brazil (7.6K units)
  5. Germany (4.0K units)
  6. China (2.5K units)
  7. United Kingdom (2.2K units)
  8. South Korea (1.0K units)
  9. Netherlands (0.9K units)
  10. Turkey (0.9K units)
  11. Norway (0.4K units)

Source: IndexBox Market Intelligence Platform

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