Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia - 2022
Contents:
- Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia (CIF) - 2022
- Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia (FOB) - 2022
- Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia
- Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia
Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia (CIF) - 2022
The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $7,580 per unit in 2022, growing by 150% against the previous year. Overall, the import price recorded strong growth. The import price peaked at $12,984 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($7,995 per unit), while the price for the United States totaled $5,267 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+40.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia (FOB) - 2022
In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $59,761 per unit, with an increase of 404% against the previous year. In general, the export price saw resilient growth. The pace of growth was the most pronounced in 2014 an increase of 2,385%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Guyana.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +26.2% per year.
Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia
In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW imported into Colombia skyrocketed to 92 units, jumping by 360% against the year before. Over the period under review, imports, however, showed a abrupt contraction. Over the period under review, imports of attained the peak figure at 108 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW soared to $697K in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 315 | 0.6 | 37.3 | 624 | 25.6% |
| United States | 23.6 | 19.2 | 13.9 | 73.7 | 46.2% |
| Others | 44.9 | 24.5 | 9.4 | N/A | -54.2% |
| Total | 384 | 44.3 | 60.6 | 697 | 22.0% |
Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Colombia in 2022:
- China (78.0 units)
- United States (14.0 units)
Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia
Exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW from Colombia declined markedly to 1 units in 2022, falling by -75% compared with 2021 figures. Over the period under review, exports saw a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 100%. The exports peaked at 4 units in 2021, and then declined markedly in the following year.
In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $60K in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 425%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guyana | N/A | N/A | N/A | 59.8 | 0% |
| Ecuador | N/A | N/A | 0.2 | N/A | 0% |
| United States | 6.4 | 29.4 | 47.2 | N/A | 171.6% |
| Panama | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Mexico | N/A | 5.8 | N/A | N/A | 0% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 6.7 | 35.2 | 47.5 | 59.8 | 107.4% |
Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW from Colombia in 2022:
- Guyana (1.0 units)
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