Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Turkey - 2024
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Turkey (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Turkey (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Turkey
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Turkey
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Turkey (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 $361,593 per unit, dropping by -73.4% against the previous year. Over the period under review, the import price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 an increase of 228%. Over the period under review, average import prices reached the maximum at $1,943,498 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 the United States ($6,849,522 per unit), while the price for China ($13,879 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+63.4%), 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 Turkey (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $156,695 per unit in 2022, with an increase of 62% against the previous year. In general, the export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 368% against the previous year. Over the period under review, the average export prices hit record highs at $1,000,535 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 Germany ($609,300 per unit), while the average price for exports to Belgium ($198 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 Canada (+365.3%), 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 Turkey
In 2022, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs into Turkey soared to 116 units, jumping by 582% on the year before. Over the period under review, imports continue to indicate significant growth. 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 soared to $42M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 21.3 | 27.0 | 20.5 | 20.5 | -1.3% |
Italy | N/A | N/A | N/A | 14.7 | 0% |
Canada | 0.5 | N/A | 1.2 | 1.5 | 44.2% |
China | 0.1 | N/A | N/A | N/A | 0% |
Others | 5.3 | 0.2 | 1.4 | 5.2 | -0.6% |
Total | 27.1 | 27.2 | 23.1 | 41.9 | 15.6% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Turkey in 2022:
- Italy (103.0 units)
- United States (3.0 units)
- Canada (2.0 units)
- China (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Turkey
In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs from Turkey skyrocketed to 42 units, growing by 56% on 2021 figures. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue 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 surged to $6.6M in 2022. Overall, exports, however, faced a sharp downturn. Over the period under review, the exports of reached the maximum at $19M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2,302 | 537 | 89.7 | 2,827 | 7.1% |
Canada | N/A | N/A | N/A | 700 | 0% |
Germany | 13,651 | 1,292 | 199 | 609 | -64.5% |
India | N/A | N/A | 950 | 605 | -36.3% |
France | 419 | 5.0 | 7.9 | 310 | -9.6% |
Burkina Faso | N/A | N/A | N/A | 10.1 | 0% |
Georgia | 0.6 | 3.5 | 1.0 | 7.0 | 126.8% |
Kyrgyzstan | N/A | N/A | 2.1 | 4.2 | 100.0% |
Azerbaijan | 1.0 | 1.3 | 2.7 | 4.1 | 60.1% |
Italy | 0.5 | N/A | N/A | 3.1 | 83.7% |
Cyprus | N/A | N/A | N/A | 0.9 | 0% |
Iraq | 196 | N/A | 0.2 | 0.8 | -84.0% |
Belgium | N/A | N/A | N/A | 0.2 | 0% |
Others | 2,440 | 1,038 | 1,364 | 1,499 | -15.0% |
Total | 19,010 | 2,877 | 2,617 | 6,581 | -29.8% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Turkey in 2022:
- United States (9.0 units)
- India (6.0 units)
- Canada (3.0 units)
- Kyrgyzstan (1.0 units)
- Georgia (1.0 units)
- Italy (1.0 units)
- Azerbaijan (1.0 units)
- France (1.0 units)
- Germany (1.0 units)
- Belgium (1.0 units)
- Iraq (1.0 units)
- Cyprus (1.0 units)
- Burkina Faso (1.0 units)
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