Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Bangladesh - 2022

Contents:

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

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $165 per unit, growing by 401% against the previous year. Overall, the import price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 777%. Over the period under review, average import prices reached the peak figure at $3.7 thousand per unit in 2013; however, from 2014 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 Singapore ($641 per unit), while the price for India ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+21.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas purchases of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by 0% to 7 units, falling for the second consecutive year after two years of growth. Overall, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 63% against the previous year. As a result, imports reached the peak of 13 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 not exceeding 1000kW skyrocketed to $1.2K in 2022. Over the period under review, imports recorded a sharp slump. Over the period under review, imports of hit record highs at $22K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore5.910.00.10.6-53.3%
Taiwan (Chinese)3.76.30.10.4-52.4%
Thailand0.20.3N/AN/A50.0%
China0.30.4N/AN/A33.3%
United Kingdom1.50.9N/AN/A-40.0%
India0.10.1N/AN/A0.0%
Netherlands0.50.5N/AN/A0.0%
OthersN/A3.0N/AN/A0%
Total12.221.70.21.2-53.8%

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

  1. Netherlands (1.0 units)
  2. Taiwan (Chinese) (1.0 units)
  3. Singapore (1.0 units)
  4. India (1.0 units)
  5. United Kingdom (1.0 units)
  6. China (1.0 units)
  7. Thailand (1.0 units)

Source: IndexBox Market Intelligence Platform

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