Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Qatar - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Qatar (CIF) - 2023
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Qatar
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Qatar (CIF) - 2023
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $6.4M per unit in October 2023, which is down by -8.6% against the previous month. Overall, the import price, however, saw a strong expansion. The pace of growth appeared the most rapid in February 2023 an increase of 459% against the previous month. The import price peaked at $20.6M per unit in March 2023; however, from April 2023 to October 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From December 2022 to October 2023, the rate of growth in terms of prices for Italy amounted to +70.3% per month.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Qatar
In 2022, after three years of growth, there was significant decline in supplies from abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs, when their volume decreased by -28.4% to 512 units. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 542% against the previous year. Imports peaked at 715 units in 2021, and then shrank dramatically in the following year.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs skyrocketed to $106M in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 221%. As a result, imports attained the peak of $115M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Qatar (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 6.6 | 34.2 | 33.0 | 123.6% |
| United Kingdom | 6.1 | 57.0 | 11.7 | 4.8 | -7.7% |
| Czech Republic | N/A | N/A | 0.1 | N/A | 0% |
| Romania | N/A | N/A | 0.2 | N/A | 0% |
| Others | 29.8 | 51.7 | 34.0 | 68.1 | 31.7% |
| Total | 35.9 | 115 | 80.1 | 106 | 43.5% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Qatar in 2022:
- Italy (486.0 units)
- United Kingdom (9.0 units)
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