Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany (FOB) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany (CIF) - 2022
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany (FOB) - 2022
In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $4,644,185 per unit, reducing by -46.8% against the previous year. In general, the export price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 277%. The export price peaked at $8,733,399 per unit in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($10,094,796 per unit), while the average price for exports to Japan ($188,360 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 Uzbekistan (+298.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany (CIF) - 2022
In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $1,995,076 per unit, rising by 4.4% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2016 an increase of 284% against the previous year. The import price peaked at $4,746,378 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Belgium ($4,278,125 per unit), while the price for Turkmenistan ($286,615 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+305.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany
After two years of decline, shipments abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs increased by 26% to 59 units in 2022. In general, exports, however, faced a precipitous decline. The exports peaked at 285 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs fell rapidly to $274M in 2022. Over the period under review, exports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $410M, and then reduced dramatically in the following year.
Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 27.2 | 32.0 | N/A | 50.6 | 23.0% |
South Korea | 9.1 | N/A | 53.8 | 40.4 | 64.4% |
Turkey | 0.5 | N/A | 10.6 | 30.8 | 294.9% |
United States | 2.1 | 14.6 | 0.8 | 22.2 | 119.5% |
United Kingdom | N/A | N/A | 0.4 | 15.4 | 3750.0% |
Turkmenistan | 2.5 | 2.4 | 3.7 | 11.8 | 67.7% |
Egypt | N/A | N/A | 15.9 | 6.6 | -58.5% |
Uzbekistan | N/A | 0.1 | 3.2 | 6.2 | 687.4% |
Japan | 0.5 | 0.6 | 0.6 | 0.8 | 17.0% |
Brazil | 119 | N/A | 9.8 | N/A | -71.3% |
Russia | 19.4 | 4.6 | 17.9 | N/A | -3.9% |
United Arab Emirates | 85.8 | 2.1 | N/A | N/A | -97.6% |
Bahrain | 28.1 | 27.9 | N/A | N/A | -0.7% |
Others | 116 | 236 | 294 | 89.2 | -8.4% |
Total | 410 | 320 | 410 | 274 | -12.6% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Germany in 2022:
- Turkey (11.0 units)
- United States (9.0 units)
- China (7.0 units)
- Turkmenistan (6.0 units)
- Uzbekistan (5.0 units)
- Japan (4.0 units)
- South Korea (4.0 units)
- Egypt (3.0 units)
- United Kingdom (3.0 units)
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany
In 2022, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kws into Germany dropped to 52 units, shrinking by -13.3% compared with the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 82% against the previous year. As a result, imports reached the peak of 60 units, and then dropped in the following year.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs contracted to $104M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 107%. As a result, imports attained the peak of $124M. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | N/A | 7.5 | 4.5 | 30.1 | 100.3% |
United States | 16.1 | 56.9 | 26.8 | 29.3 | 22.1% |
Belgium | 1.6 | 29.3 | 9.5 | 17.1 | 120.3% |
Japan | N/A | 12.9 | 48.4 | 16.7 | 13.8% |
Turkey | N/A | N/A | N/A | 4.9 | 0% |
Netherlands | N/A | N/A | 11.4 | 1.9 | -83.3% |
Italy | N/A | 5.0 | N/A | 1.3 | -49.0% |
Czech Republic | 0.9 | N/A | N/A | 1.1 | 6.9% |
Turkmenistan | N/A | N/A | 0.2 | 0.6 | 200.0% |
China | 24.7 | N/A | N/A | N/A | 0% |
Others | 16.6 | 12.2 | 14.0 | 0.8 | -63.6% |
Total | 59.9 | 124 | 115 | 104 | 20.2% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Germany in 2022:
- Japan (16.0 units)
- Sweden (13.0 units)
- United States (7.0 units)
- Turkey (4.0 units)
- Belgium (4.0 units)
- Netherlands (3.0 units)
- Turkmenistan (2.0 units)
- Italy (1.0 units)
- Czech Republic (1.0 units)
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