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

Contents:

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

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

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $737,589 per unit in 2022, waning by -32.2% against the previous year. Overall, the import price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of 3,435%. The import price peaked at $1,362,016 per unit in 2020; however, from 2021 to 2022, 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 Canada ($1,123,599 per unit), while the price for Italy ($15,186 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+197.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 91 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were imported into Qatar; increasing by 23% against 2021. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 dropped remarkably to $67M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. As a result, imports reached the peak of $84M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States60.371.074.952.4-4.6%
Canada5.89.53.49.015.8%
United Kingdom0.23.02.34.8188.4%
PolandN/AN/AN/A0.90%
Others1.41.0N/AN/A-28.6%
Total67.684.480.567.1-0.2%

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

  1. United States (68.0 units)
  2. United Kingdom (12.0 units)
  3. Canada (8.0 units)
  4. Poland (2.0 units)

Source: IndexBox Market Intelligence Platform

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