Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Lithuania - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Lithuania (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Lithuania (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Lithuania
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Lithuania
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Lithuania (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 $102,108 per unit, rising by 142% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2015 an increase of 10,004% against the previous year. As a result, import price attained the peak level of $148,498 per unit. From 2016 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 ($203,075 per unit), while the price for Belgium totaled $1,141 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+74.1%), 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 Lithuania (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $246 per unit in 2022, waning by -99% against the previous year. In general, the export price recorded a precipitous descent. The growth pace was the most rapid in 2015 when the average export price increased by 3,253% against the previous year. Over the period under review, the average export prices reached the maximum at $105,363 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +56.7% per year.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Lithuania
After three years of growth, overseas purchases of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by -81% to 4 units in 2022. In general, imports showed a abrupt decline. The pace of growth was the most pronounced in 2020 when imports increased by 100%. Imports peaked at 21 units in 2021, and then dropped markedly in the following year.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs dropped dramatically to $408K in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 404%. As a result, imports reached the peak of $885K, and then reduced dramatically in the following year.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 63.1 | 461 | 406 | 153.7% |
| Belgium | N/A | N/A | 0.7 | 2.3 | 228.6% |
| Russia | 41.6 | 10.0 | N/A | N/A | -76.0% |
| China | 1.1 | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | 9.0 | N/A | 0% |
| Latvia | 3.0 | N/A | N/A | N/A | 0% |
| Azerbaijan | N/A | N/A | 34.1 | N/A | 0% |
| Poland | N/A | N/A | 0.1 | N/A | 0% |
| Denmark | 88.2 | 102 | 148 | N/A | 29.5% |
| Czech Republic | N/A | N/A | 189 | N/A | 0% |
| Israel | N/A | 0.1 | N/A | N/A | 0% |
| Ukraine | 155 | N/A | 43.7 | N/A | -46.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 289 | 175 | 885 | 408 | 12.2% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Lithuania in 2022:
- United States (2.0 units)
- Belgium (2.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Lithuania
In 2022, approx. 2 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were exported from Lithuania; waning by -60% compared with 2021 figures. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of 5 units, and then shrank markedly in the following year.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs shrank sharply to $491 in 2022. In general, exports showed a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 9.8% against the previous year. As a result, the exports attained the peak of $129K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 0.5 | 0% |
| Russia | 6.8 | 12.1 | 62.8 | N/A | 203.9% |
| Norway | 0.3 | 0.3 | N/A | N/A | 0.0% |
| Armenia | N/A | N/A | 6.3 | N/A | 0% |
| Latvia | 34.5 | N/A | 43.3 | N/A | 12.0% |
| Azerbaijan | N/A | N/A | 1.0 | N/A | 0% |
| United Arab Emirates | N/A | 4.9 | N/A | N/A | 0% |
| Belarus | 39.5 | N/A | N/A | N/A | 0% |
| Ukraine | 36.4 | 112 | 12.8 | N/A | -40.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 117 | 129 | 126 | 0.5 | -83.8% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Lithuania in 2022:
- Kazakhstan (2.0 units)
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