Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Portugal - 2023

Contents:

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

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Portugal (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 $239 per unit, reducing by -95.6% against the previous year. Over the period under review, the import price continues to indicate a precipitous decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 1,941% against the previous year. As a result, import price attained the peak level of $2,277,754 per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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 the Netherlands ($3,628 per unit), while the price for China ($74 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-4.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $2,850 per unit in 2022, picking up by 4.5% against the previous year. In general, the export price, however, faced a precipitous contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 341% against the previous year. The export price peaked at $111,110 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for Angola amounted to +121.2% per year.

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

In 2022, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kws into Portugal skyrocketed to 25 units, picking up by 317% on 2021 figures. Over the period under review, imports recorded a significant expansion. 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 contracted remarkably to $6K in 2022. In general, imports, however, recorded a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 1.7% against the previous year. Imports peaked at $119K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.4N/A3.33.614.5%
ChinaN/AN/A0.11.71600.0%
GermanyN/AN/AN/A0.60%
SpainN/A1.35.5N/A323.1%
UgandaN/AN/AN/AN/A0%
Cabo Verde14.1N/A3.5N/A-50.2%
United KingdomN/AN/A20.0N/A0%
Turkey0.730.6N/AN/A4271.4%
Others101N/AN/AN/A0%
Total11931.932.56.0-63.1%

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

  1. China (23.0 units)
  2. Germany (1.0 units)
  3. Netherlands (1.0 units)

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

After three years of growth, overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by -83.3% to 1 units in 2022. In general, exports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2021 with an increase of 100%. As a result, the exports attained the peak of 6 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 not exceeding 5000kWs fell markedly to $2.9K in 2022. Overall, exports faced a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 782% against the previous year. As a result, the exports attained the peak of $16K, and then fell rapidly in the following year.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Angola3.4N/A1.32.9-5.2%
ArgentinaN/A0.3N/AN/A0%
SwitzerlandN/AN/A2.3N/A0%
Cabo VerdeN/AN/A6.9N/A0%
United KingdomN/AN/A1.4N/A0%
United Arab Emirates3.0N/AN/AN/A0%
South Africa1.50.34.1N/A65.3%
IsraelN/AN/A0.3N/A0%
United StatesN/A1.3N/AN/A0%
OthersN/AN/AN/AN/A0%
Total7.81.916.42.9-28.1%

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

  1. Angola (1.0 units)

Source: IndexBox Market Intelligence Platform

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