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

Contents:

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

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

The average export price for steam and other vapour turbines, for marine propulsia stood at $104,873 per unit in 2022, rising by 243% against the previous year. Over the period under review, the export price, however, showed a deep reduction. Over the period under review, the average export prices hit record highs at $698,335 per unit in 2016; however, from 2017 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 Greece ($319,068 per unit), while the average price for exports to Tunisia ($1,150 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 Greece (+113.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $182,105 per unit, falling by -8.5% against the previous year. Overall, the import price recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 when the average import price increased by 1,388% against the previous year. The import price peaked at $385,147 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Slovenia.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +5.5% per year.

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

In 2022, approx. 13 units of steam and other vapour turbines, for marine propulsia were exported from Italy; growing by 86% against the previous year's figure. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 133%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of steam and other vapour turbines, for marine propulsia skyrocketed to $1.4M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Finland (5.0 units)
2. Qatar (2.0 units)
3. Indonesia (1.0 units)
4. Mexico (1.0 units)
5. Tunisia (1.0 units)
6. United States (1.0 units)
7. China (1.0 units)
8. Greece (1.0 units)

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

In 2022, the amount of steam and other vapour turbines, for marine propulsia imported into Italy amounted to 3 units, leveling off at the year before. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of steam and other vapour turbines, for marine propulsia declined to $546K in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 74%. As a result, imports attained the peak of $770K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Slovenia (2.0 units)

Source: IndexBox Market Intelligence Platform