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

Contents:

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

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

The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $783 per unit in 2022, dropping by -37.3% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 416% against the previous year. The import price peaked at $5,277 per unit in 2017; however, from 2018 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 the United States ($1,480 per unit), while the price for South Korea ($4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.2%), 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 Not Exceeding 1000kW in Ecuador (FOB) - 2022

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $8,142 per unit, with a decrease of -15.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 415%. The export price peaked at $22,530 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($9,096 per unit), while the average price for exports to Peru amounted to $7,188 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+2.9%).

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

In 2022, approx. 3 units of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW were imported into Ecuador; waning by -85.7% on the previous year. Over the period under review, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 110% against the previous year. As a result, imports attained the peak of 21 units, and then fell remarkably in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW contracted dramatically to $2.3K in 2022. Overall, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 984%. As a result, imports reached the peak of $26K, and then declined rapidly in the following year.

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

1. United States (1.0 units)
2. South Korea (1.0 units)
3. Italy (1.0 units)

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Ecuador

Exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW from Ecuador shrank notably to 2 units in 2022, waning by -33.3% compared with 2021 figures. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 50%. As a result, the exports attained the peak of 3 units, and then plummeted in the following year.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW shrank markedly to $16K in 2022. Overall, exports faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 672% against the previous year. Over the period under review, the exports of hit record highs at $38K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW from Ecuador in 2022:

1. Canada (1.0 units)
2. Peru (1.0 units)

Source: IndexBox Market Intelligence Platform