Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Dominican Republic - 2023

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Dominican Republic (CIF) - 2023
  2. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Dominican Republic

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Dominican Republic (CIF) - 2023

In January 2023, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $1.6M per unit, almost unchanged from the previous month. Overall, the import price continues to indicate strong growth. Over the period under review, average import prices reached the maximum at $3.3M per unit in October 2022; however, from November 2022 to January 2023, 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 June 2022 to January 2023, the rate of growth in terms of prices for the United States amounted to +10.5% per month.

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

Imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs into the Dominican Republic totaled 26 units in 2022, approximately equating the year before. Over the period under review, imports recorded significant growth. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 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 amounted to $36M in 2022. Overall, imports posted a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Dominican Republic (Million USD)
COUNTRY202020212022CAGR,
2020-2022
United States0.1N/A36.01797.4%
PanamaN/AN/AN/A0%
SwitzerlandN/AN/AN/A0%
OthersN/AN/AN/A0%
Total0.1N/A36.01797.4%

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

  1. United States (26.0 units)

Source: IndexBox Market Intelligence Platform

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