Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Luxembourg - 2023
Contents:
- Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Luxembourg (CIF) - 2022
- Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Luxembourg
Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Luxembourg (CIF) - 2022
The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $884 per unit in 2022, reducing by -40.3% against the previous year. In general, the import price continues to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 329% against the previous year. Over the period under review, average import prices hit record highs at $12,018 per unit in 2012; however, from 2013 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 Belgium ($1,245 per unit), while the price for France ($2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+19.3%), while the prices for the other major suppliers experienced a decline.
Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Luxembourg
After three years of growth, purchases abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -45.5% to 6 units in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 450%. As a result, imports reached the peak of 11 units, and then fell significantly in the following year.
In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW dropped remarkably to $5.3K in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 317%. As a result, imports reached the peak of $16K, and then fell notably in the following year.
| Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | 0.2 | 11.6 | 5.0 | 400.0% |
| Germany | N/A | N/A | 2.2 | 0.3 | -86.4% |
| Spain | N/A | N/A | 0.2 | N/A | 0% |
| China | 0.3 | N/A | N/A | N/A | 0% |
| Austria | N/A | N/A | N/A | N/A | 0% |
| France | N/A | 3.7 | 1.1 | N/A | -70.3% |
| Japan | 0.6 | N/A | N/A | N/A | 0% |
| Poland | N/A | N/A | 0.8 | N/A | 0% |
| Czech Republic | N/A | N/A | 0.1 | N/A | 0% |
| Italy | N/A | N/A | 0.4 | N/A | 0% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 1.8 | 3.9 | 16.3 | 5.3 | 43.3% |
Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Luxembourg in 2022:
- Belgium (4.0 units)
- Germany (1.0 units)
- France (1.0 units)
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