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

Contents:

  1. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Denmark (CIF) - 2022
  2. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Denmark (FOB) - 2022
  3. Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Denmark
  4. Exports of Steam and Other Vapour Turbines, for Marine Propulsion in Denmark

Price for Steam and Other Vapour Turbines, for Marine Propulsion in Denmark (CIF) - 2022

In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $19,897 per unit, surging by 840% against the previous year. Over the period under review, the import price recorded a significant expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 6,357% against the previous year. As a result, import price attained the peak level of $225,605 per unit. From 2016 to 2022, the average 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 the UK ($39,697 per unit), while the price for Israel amounted to $97 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+41.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for steam and other vapour turbines, for marine propulsia amounted to $13,386 per unit, picking up by 1,631% against the previous year. Overall, the export price showed strong growth. Over the period under review, the average export prices attained the maximum at $134,013 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($24,131 per unit), while the average price for exports to Hong Kong SAR totaled $2,640 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Faroe Islands (+467.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Denmark

In 2022, supplies from abroad of steam and other vapour turbines, for marine propulsia decreased by -33.3% to 2 units, falling for the second consecutive year after two years of growth. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 300%. As a result, imports reached the peak of 4 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steam and other vapour turbines, for marine propulsia surged to $40K in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 5,707%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Steam and Other Vapour Turbines, for Marine Propulsion in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A19.95.439.741.2%
IsraelN/AN/AN/A0.10%
Norway0.7N/AN/AN/A0%
SwitzerlandN/A16.6N/AN/A0%
ChinaN/A1.20.3N/A-75.0%
Taiwan (Chinese)N/A0.80.7N/A-12.5%
OthersN/AN/AN/AN/A0%
Total0.738.66.339.8284.5%

Top Suppliers of Steam and Other Vapour Turbines, for Marine Propulsion to Denmark in 2022:

  1. United Kingdom (1.0 units)
  2. Israel (1.0 units)

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

In 2022, exports of steam and other vapour turbines, for marine propulsia from Denmark stood at 2 units, approximately reflecting 2021. Over the period under review, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 100% against the previous year. Over the period under review, the exports of reached the maximum at 6 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of steam and other vapour turbines, for marine propulsia skyrocketed to $27K in 2022. Overall, exports showed a precipitous setback. The exports peaked at $161K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Steam and Other Vapour Turbines, for Marine Propulsion in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway145N/A1.424.1-45.0%
Hong Kong SAR9.9N/AN/A2.6-36.0%
GuatemalaN/AN/A0.1N/A0%
IndiaN/A1.2N/AN/A0%
Faroe Islands6.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1611.21.526.8-45.0%

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

  1. Norway (1.0 units)
  2. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

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