Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the UK - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the UK (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the UK (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the UK
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the UK
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the UK (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 $3,720,658 per unit, declining by -1.6% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs increased by +48.7% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 51% against the previous year. Over the period under review, average import prices attained the maximum at $3,827,383 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($7,017,079 per unit), while the price for Morocco ($1,238,432 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+28.2%), 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 the UK (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 $2,366,856 per unit, remaining constant against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 23%. The export price peaked at $3,328,677 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($6,518,632 per unit), while the average price for exports to Belgium ($343,837 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 Belgium (+44.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the UK
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs imported into the UK soared to 86 units, growing by 28% against the year before. Overall, imports, however, continue to indicate a perceptible downturn. Imports peaked at 103 units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs skyrocketed to $320M in 2022. Over the period under review, imports, however, saw a perceptible reduction. Imports peaked at $371M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 260 | 148 | 142 | 196 | -9.0% |
| France | 23.2 | 12.0 | 29.7 | 50.9 | 29.9% |
| Canada | 33.4 | 29.1 | 31.3 | 35.1 | 1.7% |
| Germany | 0.9 | 4.2 | 8.4 | 10.2 | 124.6% |
| Antigua and Barbuda | N/A | N/A | 15.9 | 9.0 | -43.4% |
| Switzerland | 0.8 | 1.0 | 0.5 | 3.2 | 58.7% |
| Morocco | N/A | 6.3 | N/A | 2.5 | -37.0% |
| Norway | 4.6 | 4.0 | 12.0 | N/A | 61.5% |
| Belgium | N/A | 12.0 | N/A | N/A | 0% |
| Portugal | 36.3 | 2.8 | N/A | N/A | -92.3% |
| Others | 12.3 | 38.6 | 13.8 | 12.9 | 1.6% |
| Total | 371 | 258 | 253 | 320 | -4.8% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to the UK in 2022:
- United States (41.0 units)
- France (12.0 units)
- Canada (5.0 units)
- Morocco (2.0 units)
- Germany (2.0 units)
- Switzerland (2.0 units)
- Antigua and Barbuda (2.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the UK
In 2022, approx. 118 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were exported from the UK; remaining constant against 2021. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs totaled $279M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. Over the period under review, the exports of attained the peak figure at $283M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 104 | 35.8 | 75.9 | 89.9 | -4.7% |
| France | 0.3 | N/A | 25.5 | 37.5 | 400.0% |
| Brazil | 9.2 | 4.4 | 3.3 | 20.3 | 30.2% |
| Germany | 0.1 | 0.1 | 15.3 | 14.9 | 430.1% |
| Canada | 17.7 | 11.8 | 10.8 | 13.0 | -9.8% |
| Switzerland | 20.4 | 26.0 | 6.5 | 10.1 | -20.9% |
| Algeria | 15.8 | N/A | 11.3 | 5.2 | -31.0% |
| Greece | N/A | N/A | 20.4 | 5.1 | -75.0% |
| Qatar | N/A | 2.3 | 2.2 | 4.8 | 44.5% |
| Belgium | N/A | N/A | 4.5 | 4.5 | 0.0% |
| Italy | 0.1 | 0.8 | 2.5 | 3.9 | 239.1% |
| India | 21.4 | 2.9 | 1.3 | 1.1 | -62.8% |
| Russia | 10.1 | 2.2 | 3.0 | 0.5 | -63.3% |
| Others | 84.2 | 143 | 96.1 | 68.5 | -6.6% |
| Total | 283 | 230 | 279 | 279 | -0.5% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from the UK in 2022:
- United States (19.0 units)
- Belgium (13.0 units)
- France (11.0 units)
- Brazil (7.0 units)
- Germany (6.0 units)
- Qatar (4.0 units)
- Italy (3.0 units)
- Canada (2.0 units)
- Greece (2.0 units)
- Switzerland (2.0 units)
- Algeria (1.0 units)
- India (1.0 units)
- Russia (1.0 units)
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