Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Azerbaijan - 2023

Contents:

  1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Azerbaijan (CIF) - 2022
  2. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Azerbaijan

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Azerbaijan (CIF) - 2022

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $30,600 per unit, picking up by 2,009% against the previous year. In general, the import price saw a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($115,212 per unit), while the price for Turkey ($1,251 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+54,245.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Azerbaijan

In 2022, after two years of decline, there was significant decline in supplies from abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW, when their volume decreased by -20% to 4 units. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports of attained the maximum at 5 units in 2021, and then dropped markedly in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $122K in 2022. In general, imports, however, 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 Not Exceeding 1000kW in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/A0.211557400.0%
United KingdomN/AN/A1.45.9321.4%
TurkeyN/AN/A0.81.362.5%
Kazakhstan0.1N/A2.1N/A358.3%
ChinaN/AN/A2.7N/A0%
OthersN/AN/AN/AN/A0%
Total0.1N/A7.3122968.5%

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Azerbaijan in 2022:

  1. United Kingdom (2.0 units)
  2. Turkey (1.0 units)
  3. Austria (1.0 units)

Source: IndexBox Market Intelligence Platform

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