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

Contents:

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

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

The average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $159 thousand per unit in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2021 when the average import price increased by 69% against the previous year. Over the period under review, average import prices reached the maximum at $735 thousand per unit in 2012; however, from 2013 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 Austria ($250 thousand per unit), while the price for the United Arab Emirates ($6.1 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-11.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $548 thousand per unit in 2022, rising by 13% against the previous year. Overall, the export price saw significant growth. The most prominent rate of growth was recorded in 2016 an increase of 628%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($993 thousand per unit), while the average price for exports to Kenya totaled $103 thousand per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sri Lanka (+46.8%).

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

In 2022, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kw into Iran stood at 11 units, flattening at 2021. In general, imports recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 267% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $1.7M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 521%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. China (9.0 units)
2. United Arab Emirates (1.0 units)
3. Austria (1.0 units)

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

Exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW from Iran stood at 2 units in 2022, therefore, remained relatively stable against 2021 figures. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW rose rapidly to $1.1M in 2022. The total export value increased at an average annual rate of +12.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 13%. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Sri Lanka (1.0 units)
2. Kenya (1.0 units)

Source: IndexBox Market Intelligence Platform