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

Contents:

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

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

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $1,742,987 per unit in 2022, increasing by 242% against the previous year. Over the period under review, the import price posted notable growth. The most prominent rate of growth was recorded in 2021 an increase of 417% against the previous year. The import price peaked at $3,422,719 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -0.6% per year.

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

In 2022, approx. 1 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs were imported into Ecuador; waning by -50% on the previous year's figure. In general, imports continue to indicate a sharp decline. The smallest decline of -33.3% was in 2021. Imports peaked at 3 units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs skyrocketed to $1.7M in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 244%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15780.24001,743123.1%
Spain1.1N/AN/AN/A0%
SwitzerlandN/A26.4N/AN/A0%
United Kingdom563189620N/A4.9%
OthersN/AN/AN/AN/A0%
Total7212961,0191,74334.2%

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

  1. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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