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

Contents:

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

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in New Zealand (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 $4,054,179 per unit, rising by 161% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $8,021,739 per unit in 2020; however, from 2021 to 2022, import prices remained at a 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 the United States ($7,596,110 per unit), while the price for the UK stood at $512,247 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+151.9%), 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 New Zealand (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 $3,459,898 per unit, surging by 15% against the previous year. In general, the export price posted prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 28,851%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,222,947 per unit), while the average price for exports to Australia amounted to $2,696,848 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1,239.9%), 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 New Zealand

In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs imported into New Zealand was estimated at 2 units, remaining constant against the previous year. In general, imports continue to indicate a relatively flat trend pattern. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs skyrocketed to $8.1M in 2022. Overall, imports faced a deep slump. Imports peaked at $16M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States13.510.43.17.6-17.4%
United KingdomN/A5.5N/A0.5-69.8%
GermanyN/AN/AN/AN/A0%
AustraliaN/AN/AN/AN/A0%
OthersN/A0.1N/AN/A0%
Total13.616.03.18.1-15.9%

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

  1. United States (1.0 units)
  2. United Kingdom (1.0 units)

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

In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs exported from New Zealand soared to 2 units, increasing by 100% compared with 2021. Over the period under review, exports, however, continue to indicate a abrupt contraction. The exports peaked at 3 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 soared to $6.9M in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 28,851% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A4.20%
Australia0.1N/A3.02.7200.0%
Singapore0.2N/AN/AN/A0%
Canada0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.3N/A3.06.9184.4%

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

  1. United States (1.0 units)
  2. Australia (1.0 units)

Source: IndexBox Market Intelligence Platform

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