Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Philippines - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Philippines (CIF) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Philippines
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Philippines (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $279 per unit in 2022, reducing by 99.9% against the previous year. Overall, the import price faced a precipitous decrease. The growth pace was the most rapid in 2018 an increase of 919%. As a result, import price attained the peak level of $979,487 per unit. From 2019 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +123.3% per year.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Philippines
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs imported into the Philippines contracted dramatically to 1 units, falling by -94.1% compared with the year before. Overall, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 89%. Imports peaked at 18 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs reduced notably to $279 in 2022. In general, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 760%. As a result, imports reached the peak of $10M, and then fell significantly in the following year.
Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | N/A | N/A | 0.3 | 0% |
Hong Kong SAR | 10.4 | N/A | 0.4 | N/A | -80.4% |
Japan | 4.8 | 0.5 | 1.4 | N/A | -46.0% |
Germany | 89.3 | 11.5 | 61.2 | N/A | -17.2% |
China | 5.3 | 2.7 | 0.5 | N/A | -69.3% |
United Kingdom | 1,007 | 124 | 628 | N/A | -21.0% |
France | 4,583 | 98.1 | 4.1 | N/A | -97.0% |
Indonesia | 445 | 55.3 | 189 | N/A | -34.8% |
United Arab Emirates | N/A | N/A | 1.2 | N/A | 0% |
Singapore | 1.0 | 0.3 | 2.4 | N/A | 54.9% |
United States | 1,593 | 816 | 9,147 | N/A | 139.6% |
Others | 2,135 | 59.2 | N/A | N/A | -97.2% |
Total | 9,873 | 1,167 | 10,035 | 0.3 | -96.9% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to the Philippines in 2022:
- Italy (1.0 units)
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