Price for Steam and Other Vapour Turbines, for Marine Propulsion in China - 2023

Contents:

  1. Price for Steam and Other Vapour Turbines, for Marine Propulsion in China (FOB) - 2022
  2. Exports of Steam and Other Vapour Turbines, for Marine Propulsion in China

Price for Steam and Other Vapour Turbines, for Marine Propulsion in China (FOB) - 2022

In 2022, the average export price for steam and other vapour turbines, for marine propulsia amounted to $60 per unit, waning by -99.6% against the previous year. Over the period under review, the export price recorded a sharp setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 2,408,351% against the previous year. The export price peaked at $28,000 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Korea.

From 2015 to 2022, the rate of growth in terms of prices for South Korea amounted to 0.0% per year.

Exports of Steam and Other Vapour Turbines, for Marine Propulsion in China

In 2022, the amount of steam and other vapour turbines, for marine propulsia exported from China surged to 2 units, picking up by 100% on the previous year's figure. Over the period under review, exports, however, showed a sharp downturn. Over the period under review, the exports of attained the peak figure at 114 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of steam and other vapour turbines, for marine propulsia fell rapidly to $120 in 2022. In general, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 21,027% against the previous year. As a result, the exports attained the peak of $15K, and then fell sharply in the following year.

Export of Steam and Other Vapour Turbines, for Marine Propulsion in China (USD)
COUNTRY202020212022CAGR,
2020-2022
South KoreaN/AN/A1200%
Malaysia71.0N/AN/A0%
OthersN/A15,000N/A0%
Total71.015,00012030.0%

Top Export Markets for Steam and Other Vapour Turbines, for Marine Propulsion from China in 2022:

  1. South Korea (2.0 units)

Source: IndexBox Market Intelligence Platform

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