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

Contents:

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

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Finland (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 $12,266 per unit, declining by -81% against the previous year. Overall, the import price, however, recorded a strong expansion. The growth pace was the most rapid in 2014 an increase of 9.8% against the previous year. Over the period under review, average import prices hit record highs at $64,476 per unit in 2021, and then declined notably in the following year.

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

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to +14.0% per year.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Finland (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 $315,518 per unit, falling by -33.3% against the previous year. Overall, the export price, however, posted significant growth. The export price peaked at $473,277 per unit in 2021, and then contracted markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +47,561.3% per year.

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

Imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs into Finland skyrocketed to 4 units in 2022, rising by 300% on 2021 figures. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs shrank remarkably to $49K in 2022. Over the period under review, imports, however, continue to indicate a sharp descent. Imports peaked at $64K in 2021, and then fell dramatically in the following year.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Finland (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United StatesN/A49.10%
Sweden64.5N/A0%
OthersN/AN/A0%
Total64.549.1-23.9%

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

  1. United States (4.0 units)

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

Exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs from Finland shrank sharply to 3 units in 2022, with a decrease of -25% compared with the previous year. In general, exports recorded a dramatic setback. Over the period under review, the exports of reached the maximum at 4 units in 2021, and then fell dramatically in the following year.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs declined notably to $947K in 2022. Over the period under review, exports faced a precipitous decrease. Over the period under review, the exports of reached the peak figure at $1.9M in 2021, and then fell dramatically in the following year.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Finland (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands0.7947135185.7%
United Kingdom1,892N/A0%
OthersN/AN/A0%
Total1,893947-50.0%

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

  1. Netherlands (3.0 units)

Source: IndexBox Market Intelligence Platform

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