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

Contents:

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

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $1.4 million per unit, with an increase of 58,997% against the previous year. In general, the import price, however, continues to indicate a deep slump. Over the period under review, average import prices attained the peak figure at $3 million per unit in 2015; however, from 2016 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 Japan ($2.7 million per unit), while the price for China amounted to $144 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.2%).

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

Imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW into Myanmar surged to 2 units in 2022, rising by 100% on the previous year's figure. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW skyrocketed to $2.7M in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports reached 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 Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A2,7150%
ChinaN/A2.72.30.1-80.8%
Thailand0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.12.72.32,7152905.5%

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

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

Source: IndexBox Market Intelligence Platform

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