Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Hong Kong SAR - 2022

Contents:

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

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $1.8 thousand per unit, with a decrease of -29.1% against the previous year. Over the period under review, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 1,412%. The import price peaked at $14 thousand per unit in 2015; however, from 2016 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 Italy ($3.6 thousand per unit), while the price for China amounted to $62 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+295.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $185 per unit in 2022, rising by 22% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 2,176% against the previous year. Over the period under review, the average export prices reached the maximum at $989 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($362 per unit), while the average price for exports to the Netherlands ($95 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 Chile (+8.4%), while the prices for the other major destinations experienced a decline.

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Hong Kong SAR

In 2022, purchases abroad of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW decreased by 0% to 2 units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 50%. As a result, imports attained the peak of 3 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW shrank notably to $3.7K in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,168%. Imports peaked at $5.2K in 2021, and then contracted markedly in the following year.

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

1. Italy (1.0 units)
2. China (1.0 units)

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Hong Kong SAR

In 2022, shipments abroad of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW increased by 50% to 3 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a abrupt downturn. The exports peaked at 5 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 surged to $554 in 2022. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 483%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

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

1. Netherlands (1.0 units)
2. Chile (1.0 units)
3. Bulgaria (1.0 units)

Source: IndexBox Market Intelligence Platform