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

Contents:

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

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

The average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $18,035 per unit in 2022, surging by 355% against the previous year. Overall, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2013 when the average import price increased by 482%. The import price peaked at $275,836 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($47,250 per unit), while the price for Malaysia ($110 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+84.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $6,474 per unit, increasing by 3,343% against the previous year. Overall, the export price saw a measured increase. The growth pace was the most rapid in 2013 an increase of 4,653%. Over the period under review, the average export prices hit record highs at $238,857 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($16,717 per unit), while the average price for exports to Malaysia ($6 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 Thailand (+142.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after three years of growth, there was decline in purchases abroad of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW, when their volume decreased by 0% to 4 units. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 50% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW soared to $72K in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 661%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. United States (1.0 units)
2. Malaysia (1.0 units)
3. China (1.0 units)
4. Italy (1.0 units)

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

In 2022, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kw from Singapore skyrocketed to 4 units, growing by 300% on 2021. Overall, exports saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW soared to $26K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Malaysia (1.0 units)
2. Vietnam (1.0 units)
3. Indonesia (1.0 units)
4. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform