Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy (CIF) - 2022
In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $9,078 per unit, declining by -92.7% against the previous year. Overall, the import price saw a dramatic downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 208% against the previous year. Over the period under review, average import prices hit record highs at $500,041 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($383,662 per unit), while the price for Indonesia ($1.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-0.7%).
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy (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 $69,637 per unit, jumping by 27% against the previous year. Overall, the export price, however, faced a deep slump. The most prominent rate of growth was recorded in 2021 an increase of 880% against the previous year. The export price peaked at $819,332 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($99,011 per unit), while the average price for exports to Singapore ($457 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 Australia (+97.8%), while the prices for the other major destinations experienced a decline.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy
For the fourth year in a row, Italy recorded growth in overseas purchases of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, which increased by 1,368% to 1.7K units in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak 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 not exceeding 5000kWs rose markedly to $15M in 2022. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 76%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.9 | 0.1 | N/A | 6.8 | 96.2% |
| Russia | N/A | N/A | N/A | N/A | 0% |
| Indonesia | N/A | N/A | N/A | N/A | 0% |
| Others | 4.8 | 9.9 | 14.0 | 8.2 | 19.5% |
| Total | 5.7 | 10.0 | 14.0 | 15.1 | 38.4% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Italy in 2022:
- Indonesia (940.0 units)
- Germany (684.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy
In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kws from Italy skyrocketed to 45 units, with an increase of 18% against the year before. Overall, exports recorded a notable expansion. The most prominent rate of growth was recorded in 2020 with an increase of 441% against the previous year. As a result, the exports reached the peak of 211 units. From 2021 to 2022, the growth of the exports of 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 soared to $3.1M in 2022. In general, exports, however, continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 76%. The exports peaked at $6.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 70.1 | 150 | 547 | 1,573 | 182.1% |
| United Kingdom | N/A | N/A | 1,403 | 693 | -50.6% |
| Canada | 1,226 | N/A | N/A | 380 | -32.3% |
| Australia | N/A | N/A | N/A | 243 | 0% |
| Morocco | N/A | N/A | N/A | 192 | 0% |
| Czech Republic | 190 | 265 | 93.1 | 42.4 | -39.3% |
| Singapore | N/A | N/A | N/A | 3.7 | 0% |
| Sweden | N/A | N/A | N/A | 3.6 | 0% |
| Argentina | 2,492 | 49.2 | N/A | N/A | -98.0% |
| Iran | N/A | N/A | 8.4 | N/A | 0% |
| Romania | 1,264 | N/A | N/A | N/A | 0% |
| Mauritania | N/A | 15.0 | N/A | N/A | 0% |
| Others | 1,386 | 699 | 25.9 | 2.5 | -87.8% |
| Total | 6,628 | 1,178 | 2,078 | 3,134 | -22.1% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Italy in 2022:
- United States (17.0 units)
- Singapore (8.0 units)
- United Kingdom (7.0 units)
- Canada (4.0 units)
- Australia (3.0 units)
- Czech Republic (2.0 units)
- Morocco (2.0 units)
- Sweden (1.0 units)
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