Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the United States - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the United States (FOB) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the United States (CIF) - 2022
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the United States
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the United States
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the United States (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $439,820 per unit in 2022, dropping by -22.8% against the previous year. Over the period under review, the export price saw a deep slump. The growth pace was the most rapid in 2016 when the average export price decreased by -3.3%. Over the period under review, the average export prices attained the maximum at $3,613,367 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($848,302 per unit), while the average price for exports to France ($150,145 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 the Czech Republic (+16.2%), while the prices for the other major destinations experienced a decline.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the United States (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $1,444,655 per unit in 2022, increasing by 5.8% against the previous year. Over the period under review, the import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the maximum at $4,243,877 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($1,715,844 per unit), while the price for France ($1,640,518 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the United States
In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kws from the United States surged to 721 units, jumping by 33% compared with 2021. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 43%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs expanded modestly to $317M in 2022. Over the period under review, exports, however, continue to indicate a noticeable decrease. Over the period under review, the exports of attained the maximum at $340M 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 United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 44.9 | 47.2 | 61.0 | 47.5 | 1.9% |
| Poland | 43.7 | 36.2 | 39.7 | 35.2 | -7.0% |
| Canada | 45.6 | 33.8 | 30.5 | 26.2 | -16.9% |
| Italy | 50.8 | 22.1 | 12.6 | 25.2 | -20.8% |
| Turkey | 1.7 | 19.4 | 13.0 | 18.3 | 120.8% |
| Singapore | 8.0 | 10.3 | 13.7 | 17.4 | 29.6% |
| India | 16.9 | 9.3 | 6.1 | 15.3 | -3.3% |
| Czech Republic | 0.4 | 12.0 | 2.1 | 13.9 | 226.3% |
| Mexico | 11.0 | 16.2 | 11.9 | 12.1 | 3.2% |
| Japan | 19.1 | 21.7 | 19.5 | 9.4 | -21.0% |
| Germany | 2.4 | 6.8 | 2.2 | 9.3 | 57.1% |
| France | 1.1 | 0.2 | 3.5 | 6.8 | 83.5% |
| Thailand | 4.8 | 2.3 | 1.4 | 6.0 | 7.7% |
| Others | 89.7 | 79.6 | 92.2 | 74.6 | -6.0% |
| Total | 340 | 317 | 309 | 317 | -2.3% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from the United States in 2022:
- Canada (97.0 units)
- Italy (66.0 units)
- Poland (64.0 units)
- United Kingdom (56.0 units)
- France (45.0 units)
- Singapore (41.0 units)
- Turkey (38.0 units)
- Japan (28.0 units)
- Mexico (27.0 units)
- India (27.0 units)
- Germany (22.0 units)
- Thailand (20.0 units)
- Czech Republic (18.0 units)
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the United States
In 2022, overseas purchases of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by -19.8% to 202 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 103%. As a result, imports attained the peak of 252 units, and then declined sharply in the following year.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs contracted notably to $292M in 2022. Over the period under review, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports reached the peak of $344M, and then reduced notably in the following year.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 167 | 156 | 194 | 172 | 1.0% |
| France | 96.1 | 81.7 | 75.2 | 93.5 | -0.9% |
| Poland | 18.3 | 12.7 | 9.2 | 6.7 | -28.5% |
| Portugal | N/A | 30.6 | 51.2 | 0.4 | -88.6% |
| Others | 33.9 | 20.9 | 14.1 | 19.7 | -16.6% |
| Total | 315 | 302 | 344 | 292 | -2.5% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to the United States in 2022:
- Canada (100.0 units)
- France (57.0 units)
- Poland (4.0 units)
- Portugal (1.0 units)
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