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

Contents:

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

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $2.2 thousand per unit, surging by 374% against the previous year. In general, the import price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2015 an increase of 1,229%. Over the period under review, average import prices attained the peak figure at $3.3 thousand per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 UK ($8.1 thousand per unit), while the price for India ($63 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.7%), while the prices for the other major suppliers experienced a decline.

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

Imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW into Ghana shrank sharply to 4 units in 2022, declining by -20% on the previous year. Overall, imports continue to indicate a dramatic slump. Imports peaked at 5 units in 2021, and then reduced rapidly in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW soared to $8.7K in 2022. Over the period under review, imports, however, recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Ghana (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United Kingdom2.18.1285.7%
China0.10.3200.0%
United StatesN/A0.20%
IndiaN/A0.10%
South KoreaN/AN/A0%
South Africa0.1N/A0%
OthersN/AN/A0%
Total2.38.7278.3%

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

  1. United States (1.0 units)
  2. United Kingdom (1.0 units)
  3. China (1.0 units)
  4. India (1.0 units)

Source: IndexBox Market Intelligence Platform

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