Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Belarus - 2022

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Belarus (CIF) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Belarus (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Belarus
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Belarus

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Belarus (CIF) - 2022

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $242,466 per unit in 2022, with an increase of 224% against the previous year. In general, the import price recorded strong growth. The growth pace was the most rapid in 2017 an increase of 301% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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 Russia ($376,470 per unit), while the price for Germany amounted to $108,461 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+79.7%), 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 Not Exceeding 5000kW in Belarus (FOB) - 2022

In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $185,650 per unit, increasing by 157% against the previous year. Over the period under review, the export price continues to indicate significant growth. The growth pace was the most rapid in 2021 an increase of 1,391%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +48.8% per year.

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Belarus

Imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs into Belarus contracted markedly to 2 units in 2022, waning by -66.7% compared with the previous year. Over the period under review, imports faced a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 100% against the previous year. As a result, imports reached the peak of 6 units, and then declined notably in the following year.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs expanded notably to $485K in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 222%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia25.78.822.6376144.6%
Germany2.66.56.5108246.3%
South KoreaN/A12482.4N/A-33.5%
United KingdomN/AN/A134N/A0%
Denmark36.7N/AN/AN/A0%
United StatesN/AN/A29.0N/A0%
Ukraine2.1N/A174N/A810.3%
Others14.3N/AN/AN/A0%
Total81.413944948581.3%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Belarus in 2022:

  1. Germany (1.0 units)
  2. Russia (1.0 units)

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Belarus

In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kws from Belarus declined sharply to 1 units, dropping by -80% compared with the previous year's figure. Over the period under review, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 150%. The exports peaked at 6 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 not exceeding 5000kWs shrank significantly to $186K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 3,628%. As a result, the exports reached the peak of $362K, and then declined remarkably in the following year.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia67.46.928.618640.3%
EthiopiaN/AN/A0.8N/A0%
SerbiaN/AN/A206N/A0%
IndonesiaN/AN/A74.6N/A0%
PolandN/A2.8N/AN/A0%
NetherlandsN/AN/A51.4N/A0%
OthersN/AN/AN/AN/A0%
Total67.49.736218640.3%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Belarus in 2022:

  1. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform

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