EU: Engine Generator Market 2024

Engine Generator Market Size in the EU

After two years of growth, the EU engine generator market decreased by X% to $X in 2022. In general, consumption saw a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Engine Generator Production in the EU

In value terms, engine generator production stood at $X in 2022 estimated in export price. Overall, production saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Engine Generator Exports

Exports in the EU

Engine generator exports reduced slightly to X units in 2022, with a decrease of X% compared with the previous year. Over the period under review, exports recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, engine generator exports shrank to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

France represented the main exporter of generators for internal combustion engines in the European Union, with the volume of exports accounting for X units, which was near X% of total exports in 2022. Germany (X units) ranks second in terms of the total exports with a X% share, followed by Hungary (X%), Spain (X%), Italy (X%) and Poland (X%). The Czech Republic (X units) followed a long way behind the leaders.

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 the European Union, with a CAGR of X% from 2012-2022. By contrast, the Czech Republic (X%), Germany (X%) and Spain (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Hungary, Poland and Italy increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Germany ($X) and Spain ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Italy, Hungary, Poland and the Czech Republic lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, which is down by X% against the previous year. Export price indicated a pronounced expansion 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 most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then reduced slightly in the following year.

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

Engine generator imports reached X units in 2022, with an increase of X% on 2021 figures. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, engine generator imports reduced to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then contracted slightly in the following year.

Imports by Country

In 2022, Germany (X units) was the main importer of generators for internal combustion engines, achieving X% of total imports. It was distantly followed by France (X units), Poland (X units), Italy (X units), Spain (X units), Slovakia (X units) and the Netherlands (X units), together comprising a X% share of total imports. The following importers - the Czech Republic (X units), Romania (X units), Belgium (X units), Sweden (X units), Hungary (X units) and Portugal (X units) - together made up X% of total imports.

Imports into Germany decreased at an average annual rate of X% from 2012 to 2022. At the same time, Portugal (X%), Poland (X%), Romania (X%), the Netherlands (X%), Hungary (X%), Italy (X%), the Czech Republic (X%) and Slovakia (X%) displayed positive paces of growth. Moreover, Portugal emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2022. France, Sweden and Spain experienced a relatively flat trend pattern. By contrast, Belgium (X%) illustrated a downward trend over the same period. Poland (X p.p.), Italy (X p.p.), the Netherlands (X p.p.) and Romania (X p.p.) significantly strengthened its position in terms of the total imports, while Germany saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Germany, engine generator imports remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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