Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $1,929,682 per unit in 2022, picking up by 21% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 48% against the previous year. Over the period under review, average import prices reached the maximum at $2,786,410 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2,412,232 per unit), while the price for Germany ($1,324,357 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $407,773 per unit in 2022, shrinking by -32.4% against the previous year. In general, the export price faced a sharp reduction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 591% against the previous year. The export price peaked at $5,519,690 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($835,861 per unit), while the average price for exports to Iraq ($3,494 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 Japan (+279.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea
In 2022, approx. 83 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs were imported into South Korea; with an increase of 89% against the year before. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 229% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs skyrocketed to $160M in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 311% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 16.5 | 43.3 | 0.6 | 125 | 96.4% |
| Germany | N/A | N/A | 66.4 | 17.2 | -74.1% |
| Japan | N/A | 21.7 | 2.0 | 2.4 | -66.7% |
| France | 1.3 | 19.2 | N/A | N/A | 1376.9% |
| Italy | N/A | 9.9 | N/A | N/A | 0% |
| Others | 13.3 | 34.1 | 1.3 | 15.8 | 5.9% |
| Total | 31.2 | 128 | 70.3 | 160 | 72.4% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to South Korea in 2022:
- United States (67.0 units)
- Germany (13.0 units)
- Japan (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea
Exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs from South Korea soared to 5 units in 2022, with an increase of 67% compared with 2021. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 100% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs expanded notably to $2M in 2022. Overall, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 192% against the previous year. Over the period under review, the exports of reached the peak figure at $3.9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,940 | 619 | 550 | 836 | -40.4% |
| Australia | N/A | N/A | 599 | 599 | 0.0% |
| Japan | N/A | N/A | 659 | 596 | -9.6% |
| Peru | N/A | N/A | N/A | 4.2 | 0% |
| Iraq | N/A | N/A | N/A | 3.5 | 0% |
| Netherlands | N/A | 0.4 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3,940 | 619 | 1,808 | 2,039 | -19.7% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from South Korea in 2022:
- United States (1.0 units)
- Japan (1.0 units)
- Australia (1.0 units)
- Iraq (1.0 units)
- Peru (1.0 units)
301
This report provides an in-depth analysis of the gas turbines market in Republic of Korea.
398
This report provides an in-depth analysis of the market for turbo-jet (under 25 kn) in Republic of Korea.
422
This report provides an in-depth analysis of the market for turbo-jet (over 25 kn) in Republic of Korea.
382
This report provides an in-depth analysis of the market for turbo-propeller (over 1100 kw) in Republic of Korea.
388
This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in Republic of Korea.
286
This report provides an in-depth analysis of the civil turbo-jets and turbo-propellers market in Republic of Korea.
687
Global Gas Turbine Market Report 2018. This report provides an in-depth analysis of the global gas turbine market.
679
This report provides an in-depth analysis of the global market for turbo-jet (under 25 kn).
1295
This report provides an in-depth analysis of the global market for turbo-jet (over 25 kn).
684
This report provides an in-depth analysis of the global market for turbo-propeller (over 1100 kw).
1150
In value terms, lignite imports amounted to $X in 2016. Overall, lignite imports continue to indicate a skyrocketing growth. Global lignite import peaked of $X in 2014; however, from 2015 to X>
1528
In value terms, lignite exports totaled $X in 2016. In general, lignite exports continue to indicate a skyrocketing expansion. Over the period under review, global lignite exports reached its maxim...
291
Discover the top import markets for turbo-jets (over 25 kN) around the world. Learn about the key statistics and import values of countries such as the United Kingdom, Hong Kong SAR, United States, and more.
2093
In 2016, the amount of turbo-jet imported worldwide totaled X tons, rising by X% against the previous year figure. Overall, turbo-jet imports continue to indicate a mild contraction. The growth p...
1994
In 2016, the amount of turbo-jet imported worldwide totaled X tons, rising by X% against the previous year figure. Overall, turbo-jet imports continue to indicate a mild contraction. The growth p...
97
Explore the top import markets for Turbo-Propellers under 1100 kW, including the United States, Germany, Switzerland, and more. Learn about the key statistics and data from IndexBox platform.
1150
In value terms, lignite imports amounted to $X in 2016. Overall, lignite imports continue to indicate a skyrocketing growth. Global lignite import peaked of $X in 2014; however, from 2015 to X>
1528
In value terms, lignite exports totaled $X in 2016. In general, lignite exports continue to indicate a skyrocketing expansion. Over the period under review, global lignite exports reached its maxim...
291
Discover the top import markets for turbo-jets (over 25 kN) around the world. Learn about the key statistics and import values of countries such as the United Kingdom, Hong Kong SAR, United States, and more.
2093
In 2016, the amount of turbo-jet imported worldwide totaled X tons, rising by X% against the previous year figure. Overall, turbo-jet imports continue to indicate a mild contraction. The growth p...
