Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Germany - 2023

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Germany (CIF) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Germany (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Germany
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Germany

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not 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 not exceeding 5000kWs amounted to $1,329,341 per unit, jumping by 22% against the previous year. Over the period under review, the import price, however, showed a slight shrinkage. The growth pace was the most rapid in 2014 when the average import price increased by 157% against the previous year. Over the period under review, average import prices attained the maximum at $4,193,350 per unit in 2019; however, from 2020 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 Canada ($16,309,079 per unit), while the price for Slovenia ($31,113 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+48.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not 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 not exceeding 5000kWs amounted to $679,907 per unit, declining by -11.8% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 51% against the previous year. As a result, the export price attained the peak level of $2,887,352 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($1,424,339 per unit), while the average price for exports to Japan ($123,358 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 Egypt (+26.9%), 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 Not Exceeding 5000kW in Germany

In 2022, purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by -11.9% to 59 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 97% against the previous year. Imports peaked at 67 units in 2021, and then contracted in the following year.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $78M in 2022. In general, imports faced a abrupt curtailment. Over the period under review, imports of hit record highs at $126M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada58.840.924.148.9-6.0%
United States43.710.215.821.5-21.1%
Japan4.31.83.32.9-12.3%
United KingdomN/A7.30.31.1-61.2%
France6.53.21.30.8-50.3%
TurkeyN/AN/AN/A0.70%
Switzerland0.40.70.20.57.7%
IsraelN/AN/AN/A0.40%
AustriaN/A0.10.20.373.2%
SpainN/A0.90.10.2-52.9%
HungaryN/A0.50.30.2-36.8%
FinlandN/AN/AN/A0.10%
SloveniaN/AN/AN/A0.10%
Others12.14.827.20.7-61.3%
Total12670.572.978.4-14.6%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Germany in 2022:

  1. Turkey (11.0 units)
  2. Japan (9.0 units)
  3. Austria (7.0 units)
  4. United Kingdom (5.0 units)
  5. Israel (4.0 units)
  6. Canada (3.0 units)
  7. United States (3.0 units)
  8. Spain (3.0 units)
  9. Finland (2.0 units)
  10. Slovenia (2.0 units)
  11. Switzerland (2.0 units)
  12. Hungary (2.0 units)
  13. France (1.0 units)

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Germany

In 2022, overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by -4.3% to 90 units, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 41%. As a result, the exports attained the peak of 100 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs declined dramatically to $61M in 2022. Overall, exports recorded a precipitous decrease. The exports peaked at $120M 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 Not Exceeding 5000kW in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada0.44.53.712.8217.5%
United Kingdom3.12.613.011.956.6%
Singapore4.612.42.78.321.7%
Switzerland10.412.86.57.8-9.1%
United States16.311.65.97.2-23.8%
IranN/AN/AN/A1.90%
MaliN/AN/AN/A1.40%
GuineaN/AN/AN/A0.90%
HungaryN/AN/A3.10.8-74.2%
EthiopiaN/AN/AN/A0.70%
Japan1.21.01.20.7-16.4%
EgyptN/AN/AN/A0.50%
TurkeyN/A3.51.7N/A-51.4%
Others83.750.734.66.2-58.0%
Total12099.172.461.2-20.1%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Germany in 2022:

  1. United States (18.0 units)
  2. United Kingdom (14.0 units)
  3. Singapore (10.0 units)
  4. Canada (9.0 units)
  5. Switzerland (9.0 units)
  6. Japan (6.0 units)
  7. Mali (4.0 units)
  8. Hungary (2.0 units)
  9. Iran (2.0 units)
  10. Egypt (2.0 units)
  11. Guinea (2.0 units)
  12. Ethiopia (2.0 units)

Source: IndexBox Market Intelligence Platform

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