Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Angola - 2022

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Angola (CIF) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Angola (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Angola
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Angola

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Angola (CIF) - 2022

In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $4,561,911 per unit, rising by 90% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $4,764,793 per unit in 2012; however, from 2013 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 Canada ($7,126,539 per unit), while the price for South Korea ($545 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+110.9%), 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 Angola (FOB) - 2022

The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $4,269,655 per unit in 2022, declining by -15.9% against the previous year. In general, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 33% against the previous year. The export price peaked at $5,077,804 per unit in 2021, and then contracted remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($8,575,639 per unit), while the average price for exports to Norway ($87,742 per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Angola

In 2022, supplies from abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs increased by 18% to 13 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a abrupt downturn. Over the period under review, imports of hit record highs at 18 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs soared to $59M in 2022. In general, imports, however, saw a noticeable slump. Over the period under review, imports of reached the peak figure at $66M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States25.728.719.041.116.9%
Canada19.0N/A0.57.1-28.0%
United Kingdom12.25.10.75.3-24.3%
Italy2.42.20.51.8-9.1%
BelgiumN/AN/AN/A1.70%
Czech RepublicN/A4.04.81.6-36.8%
Switzerland0.63.6N/A0.75.3%
Germany6.1N/A0.1N/A-87.2%
South KoreaN/AN/AN/AN/A0%
HungaryN/AN/A0.7N/A0%
ChinaN/AN/AN/AN/A0%
IndiaN/AN/AN/AN/A0%
South AfricaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total66.043.726.459.3-3.5%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Angola in 2022:

  1. United States (6.0 units)
  2. Canada (1.0 units)
  3. Italy (1.0 units)
  4. Czech Republic (1.0 units)
  5. United Kingdom (1.0 units)
  6. Switzerland (1.0 units)
  7. Belgium (1.0 units)
  8. South Korea (1.0 units)

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Angola

In 2022, shipments abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs increased by 167% to 8 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports of hit record highs at 10 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs skyrocketed to $34M in 2022. Overall, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Angola (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/A8.617.2100.0%
United Kingdom12.04.91.37.5-14.5%
United States14.915.85.34.1-35.0%
Italy2.21.7N/A2.88.4%
Canada3.9N/AN/A2.1-18.6%
BelgiumN/AN/AN/A0.50%
NorwayN/AN/AN/A0.10%
Democratic Republic of the CongoN/AN/AN/AN/A0%
France0.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total33.922.415.234.20.3%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Angola in 2022:

  1. Czech Republic (2.0 units)
  2. Canada (1.0 units)
  3. United States (1.0 units)
  4. Italy (1.0 units)
  5. United Kingdom (1.0 units)
  6. Belgium (1.0 units)
  7. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform

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