Price for Steam and Other Vapour Turbines, for Marine Propulsion in Singapore - 2022

Contents:

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

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

The average import price for steam and other vapour turbines, for marine propulsia stood at $190,406 per unit in 2022, reducing by -50.6% against the previous year. In general, the import price saw a deep downturn. The pace of growth appeared the most rapid in 2014 an increase of 408% against the previous year. As a result, import price attained the peak level of $916,068 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($208,386 per unit), while the price for Germany ($1,911 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+62.7%), 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 Singapore (FOB) - 2022

The average export price for steam and other vapour turbines, for marine propulsia stood at $212,365 per unit in 2022, jumping by 129% against the previous year. Overall, the export price, however, continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 an increase of 556%. Over the period under review, the average export prices attained the peak figure at $642,085 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($395,333 per unit), while the average price for exports to Malaysia ($631 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 South Korea (+345.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of steam and other vapour turbines, for marine propulsia into Singapore was estimated at 4 units, remaining stable against 2021 figures. Over the period under review, imports recorded a sharp setback. The smallest decline of -50% was in 2021. Over the period under review, imports of reached the maximum at 8 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of steam and other vapour turbines, for marine propulsia reduced markedly to $762K in 2022. In general, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 46%. Over the period under review, imports of attained the maximum at $1.5M in 2021, and then shrank markedly in the following year.

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

1. United Kingdom (1.0 units)
2. Malaysia (1.0 units)
3. Germany (1.0 units)
4. China (1.0 units)

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

After two years of decline, overseas shipments of steam and other vapour turbines, for marine propulsia decreased by -25% to 3 units in 2022. Over the period under review, exports saw a abrupt downturn. The smallest decline of -20% was in 2020. Over the period under review, the exports of hit record highs at 5 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 soared to $637K in 2022. Overall, exports saw a sharp downturn. The exports peaked at $1.5M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

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

1. United Kingdom (1.0 units)
2. Malaysia (1.0 units)
3. Indonesia (1.0 units)

Source: IndexBox Market Intelligence Platform