Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $1.4 million per unit in 2022, dropping by -16.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 64%. Over the period under review, average import prices reached the peak figure at $2 million per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 South Korea ($4.1 million per unit), while the price for Japan ($38 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+126.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria (FOB) - 2022
In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $499 thousand per unit, waning by -24% against the previous year. In general, the export price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2013 an increase of 1,861%. As a result, the export price attained the peak level of $1.9 million per unit. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +12.2% per year.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria
In 2022, purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by -48.8% to 21 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of 41 units, and then fell significantly in the following year.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs reduced rapidly to $29M in 2022. Over the period under review, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 46%. Imports peaked at $69M in 2021, and then contracted remarkably in the following year.
Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 2.8 | 2.3 | 19.7 | 6.6 | 33.1% |
France | 3.5 | 14.6 | 12.7 | 6.0 | 19.7% |
South Korea | 3.9 | 6.7 | 7.1 | 4.1 | 1.7% |
United States | 2.6 | N/A | 3.5 | 3.5 | 10.4% |
Germany | 5.9 | 7.4 | 5.8 | 2.4 | -25.9% |
Canada | 2.8 | 4.4 | 4.2 | 2.2 | -7.7% |
Netherlands | 4.4 | 5.5 | 4.7 | 2.2 | -20.6% |
Sweden | 2.9 | 3.6 | 2.8 | 1.0 | -29.9% |
United Kingdom | 1.8 | 1.0 | 6.4 | 0.6 | -30.7% |
Switzerland | 1.9 | 2.2 | 1.6 | 0.6 | -31.9% |
India | 0.2 | 0.3 | 0.2 | 0.1 | -20.6% |
Japan | N/A | 0.1 | 0.1 | N/A | 0.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 33.0 | 48.1 | 68.8 | 29.4 | -3.8% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Algeria in 2022:
- France (6.0 units)
- Italy (3.0 units)
- Netherlands (2.0 units)
- Germany (2.0 units)
- Canada (1.0 units)
- United Kingdom (1.0 units)
- India (1.0 units)
- United States (1.0 units)
- Sweden (1.0 units)
- Switzerland (1.0 units)
- Japan (1.0 units)
- South Korea (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria
In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs from Algeria stood at 1 units, flattening at 2021. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs shrank significantly to $499K in 2022. Overall, exports saw a sharp decrease. The smallest decline of -24% was in 2021. The exports peaked at $1.1M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 1,135 | 863 | 656 | 499 | -24.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1,135 | 863 | 656 | 499 | -24.0% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Algeria in 2022:
- United Kingdom (1.0 units)
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