Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy (FOB) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy (CIF) - 2022
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy (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 $1,000,928 per unit, with an increase of 37% against the previous year. In general, the export price, however, continues to indicate a perceptible downturn. Over the period under review, the average export prices attained the peak figure at $2,122,471 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Libya ($3,760,387 per unit), while the average price for exports to Saudi Arabia ($96,512 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $977,078 per unit in 2022, with a decrease of -52.7% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 89% against the previous year. Over the period under review, average import prices reached the maximum at $4,951,676 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2,837,484 per unit), while the price for Thailand ($7,346 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+181.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy
Exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs from Italy declined rapidly to 349 units in 2022, falling by -49.3% on 2021. In general, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 164%. As a result, the exports attained the peak of 688 units, and then reduced rapidly in the following year.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs fell notably to $349M in 2022. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 108%. Over the period under review, the exports of hit record highs at $508M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | 6.4 | 35.8 | 89.0 | 272.9% |
| China | 56.5 | 97.9 | 215 | 57.4 | 0.5% |
| United States | 48.1 | 46.5 | 45.7 | 52.4 | 2.9% |
| Russia | N/A | N/A | 23.4 | 49.6 | 112.0% |
| Libya | N/A | N/A | N/A | 30.1 | 0% |
| Iraq | N/A | N/A | 12.8 | 21.5 | 68.0% |
| Gabon | N/A | N/A | N/A | 10.2 | 0% |
| Canada | 30.8 | 18.6 | N/A | 8.1 | -35.9% |
| India | 26.5 | 8.6 | N/A | 3.5 | -49.1% |
| Australia | N/A | N/A | N/A | 3.0 | 0% |
| Saudi Arabia | 0.1 | N/A | N/A | 1.8 | 162.1% |
| Nigeria | 35.0 | N/A | N/A | N/A | 0% |
| South Korea | 109 | 9.5 | 16.4 | N/A | -61.2% |
| Others | 202 | 52.9 | 152 | 22.7 | -51.7% |
| Total | 508 | 240 | 501 | 349 | -11.8% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Italy in 2022:
- China (136.0 units)
- Qatar (48.0 units)
- United States (42.0 units)
- Russia (31.0 units)
- Saudi Arabia (19.0 units)
- Canada (11.0 units)
- India (11.0 units)
- Iraq (11.0 units)
- Australia (10.0 units)
- Libya (8.0 units)
- Gabon (6.0 units)
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy
For the fourth year in a row, Italy recorded growth in supplies from abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs, which increased by 160% to 263 units in 2022. Over the period under review, imports showed significant growth. 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 surged to $257M in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 114 | 152 | 175 | 153 | 10.3% |
| France | 3.0 | N/A | 24.1 | 62.7 | 175.5% |
| Canada | N/A | N/A | 1.3 | 10.3 | 692.3% |
| Netherlands | N/A | N/A | N/A | 8.8 | 0% |
| Austria | N/A | N/A | N/A | 2.4 | 0% |
| Germany | N/A | 9.1 | 0.5 | 0.7 | -72.3% |
| Peru | N/A | N/A | N/A | 0.2 | 0% |
| Thailand | N/A | N/A | N/A | 0.1 | 0% |
| Others | 7.9 | 2.4 | 8.3 | 18.4 | 32.6% |
| Total | 125 | 164 | 209 | 257 | 27.2% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Italy in 2022:
- France (85.0 units)
- United States (54.0 units)
- Canada (31.0 units)
- Netherlands (15.0 units)
- Austria (15.0 units)
- Peru (15.0 units)
- Thailand (15.0 units)
- Germany (6.0 units)
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