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

Contents:

  1. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Tanzania (CIF) - 2022
  2. Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Tanzania

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

In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $1,183 per unit, with an increase of 54% against the previous year. Overall, the import price continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 3,168%. Over the period under review, average import prices attained the maximum at $6,635 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 India ($1,462 per unit), while the price for China totaled $65 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+45.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, purchases abroad of steam and other vapour turbines, for marine propulsia decreased by 0% to 5 units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 33%. As a result, imports reached the peak of 8 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of steam and other vapour turbines, for marine propulsia skyrocketed to $5.9K in 2022. Overall, imports continue to indicate a sharp descent. Imports peaked at $35K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Steam and Other Vapour Turbines, for Marine Propulsion in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.11.90.45.8287.1%
ChinaN/AN/AN/A0.10%
United KingdomN/AN/AN/AN/A0%
South Africa2.023.91.7N/A-7.8%
Netherlands31.6N/AN/AN/A0%
United States0.59.21.7N/A84.4%
OthersN/AN/AN/AN/A0%
Total34.135.13.85.9-44.3%

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

  1. India (4.0 units)
  2. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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