Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Italy - 2023

Contents:

1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Italy (FOB) - 2022
2. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Italy (CIF) - 2022
3. Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Italy
4. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Italy

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Italy (FOB) - 2022

The average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $168,301 per unit in 2022, growing by 94% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 115%. Over the period under review, the average export prices hit record highs at $306,062 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 China ($1,171,034 per unit), while the average price for exports to Chile ($1,374 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 (+71.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Italy (CIF) - 2022

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $7,984 per unit, with a decrease of -95.3% against the previous year. Over the period under review, the import price saw a precipitous setback. The pace of growth appeared the most rapid in 2014 an increase of 6,920%. The import price peaked at $353,010 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($11,639 per unit), while the price for Switzerland totaled $7,806 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced a decline.

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Italy

In 2022, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kw from Italy totaled 35 units, increasing by 6.1% on the previous year's figure. Over the period under review, total exports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +6.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW surged to $5.9M in 2022. Overall, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 223% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW from Italy in 2022:

1. China (2.0 units)
2. Canada (1.0 units)
3. Brazil (1.0 units)
4. Australia (1.0 units)
5. Colombia (1.0 units)
6. Indonesia (1.0 units)
7. India (1.0 units)
8. Costa Rica (1.0 units)
9. France (1.0 units)
10. Chile (1.0 units)
11. Greece (1.0 units)
12. Sri Lanka (1.0 units)
13. Argentina (1.0 units)

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Italy

In 2022, after two years of decline, there was significant growth in purchases abroad of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW, when their volume increased by 300% to 4 units. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW shrank dramatically to $32K in 2022. In general, imports, however, continue to indicate a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, imports of attained the maximum at $436K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW to Italy in 2022:

1. Mexico (2.0 units)
2. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform