Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in China - 2023

Contents:

1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in China (FOB) - 2022
2. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in China (CIF) - 2022
3. Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in China
4. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in China

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in China (FOB) - 2022

The average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $28,477 per unit in 2022, falling by -26.5% against the previous year. Overall, the export price continues to indicate a significant contraction. The growth pace was the most rapid in 2016 when the average export price increased by 36% against the previous year. The export price peaked at $741,579 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($297,178 per unit), while the average price for exports to Ecuador ($30 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 Vietnam (-8.9%), while the prices for the other major destinations experienced a decline.

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in China (CIF) - 2022

The average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $1,717 per unit in 2022, reducing by -7.6% against the previous year. Over the period under review, the import price recorded a dramatic setback. The growth pace was the most rapid in 2021 an increase of 188%. The import price peaked at $3,011,200 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2014 to 2022, the rate of growth in terms of prices for the United States amounted to +15.0% per year.

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in China

In 2022, shipments abroad of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW increased by 197% to 89 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports of attained the maximum at 130 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW skyrocketed to $2.5M in 2022. In general, exports, however, faced a sharp slump. The exports peaked at $15M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW from China in 2022:

1. Vietnam (8.0 units)
2. Guinea (1.0 units)
3. Nigeria (1.0 units)
4. Indonesia (1.0 units)

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in China

In 2022, overseas purchases of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW decreased by -33.3% to 2 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 100%. Imports peaked at 3 units in 2021, and then declined dramatically in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW dropped sharply to $3.4K in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 332%. As a result, imports reached the peak of $5.6K, and then fell markedly in the following year.

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW to China in 2022:

1. United States (2.0 units)

Source: IndexBox Market Intelligence Platform