Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey - 2024
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey (FOB) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey (CIF) - 2022
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $1,624,303 per unit in 2022, jumping by 26% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 462%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,079,355 per unit), while the average price for exports to Burkina Faso ($4,438 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 Germany (+39.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $2,390,868 per unit in 2022, falling by -32.1% against the previous year. In general, the import price, however, posted a resilient expansion. The growth pace was the most rapid in 2019 when the average import price increased by 247% against the previous year. As a result, import price reached the peak level of $4,208,363 per unit. From 2020 to 2022, the average 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 ($4,076,521 per unit), while the price for the UK ($657,747 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey
After three years of growth, shipments abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by -16.1% to 26 units in 2022. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. As a result, the exports reached the peak of 31 units, and then reduced remarkably in the following year.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs rose markedly to $42M in 2022. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 650%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.6 | 7.8 | 6.3 | 31.2 | 169.2% |
Germany | N/A | 11.3 | 7.7 | 8.1 | -15.3% |
Czech Republic | 1.2 | 2.3 | 5.4 | 2.8 | 32.6% |
United Kingdom | N/A | N/A | N/A | 0.2 | 0% |
Burkina Faso | N/A | N/A | N/A | N/A | 0% |
Belgium | N/A | N/A | N/A | N/A | 0% |
Uzbekistan | N/A | N/A | 20.2 | N/A | 0% |
Others | N/A | 0.1 | 0.3 | N/A | 200.0% |
Total | 2.9 | 21.4 | 39.9 | 42.2 | 144.1% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Turkey in 2022:
- United States (15.0 units)
- Czech Republic (5.0 units)
- Germany (4.0 units)
- United Kingdom (1.0 units)
- Burkina Faso (1.0 units)
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs imported into Turkey dropped to 15 units, waning by -6.2% compared with 2021 figures. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 300% against the previous year. As a result, imports reached the peak of 16 units, and then fell in the following year.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs reduced rapidly to $36M in 2022. In general, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 264%. As a result, imports attained the peak of $56M, and then reduced dramatically in the following year.
Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 25.1 | 14.2 | 50.2 | 20.4 | -6.7% |
Netherlands | N/A | N/A | 2.6 | 10.4 | 300.0% |
Germany | N/A | N/A | N/A | 3.3 | 0% |
Russia | N/A | N/A | 3.0 | 1.1 | -63.3% |
United Kingdom | N/A | 1.3 | N/A | 0.7 | -26.6% |
Japan | N/A | N/A | N/A | N/A | 0% |
India | 0.1 | N/A | 0.5 | N/A | 123.6% |
Italy | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 25.3 | 15.5 | 56.3 | 35.9 | 12.4% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Turkey in 2022:
- Netherlands (7.0 units)
- United States (5.0 units)
- United Kingdom (1.0 units)
- Germany (1.0 units)
- Russia (1.0 units)
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