Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Sri Lanka - 2022
Contents:
- Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Sri Lanka (CIF) - 2022
- Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Sri Lanka
Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Sri Lanka (CIF) - 2022
In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $40,362 per unit, surging by 472% against the previous year. In general, the import price enjoyed tangible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 China ($60,538 per unit), while the price for the United Arab Emirates stood at $10 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.9%), 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 Sri Lanka
In 2022, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW into Sri Lanka contracted markedly to 3 units, declining by -76.9% compared with the previous year's figure. Over the period under review, imports faced a precipitous descent. Over the period under review, imports of hit record highs at 13 units in 2021, and then dropped sharply in the following year.
In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW soared to $121K in 2022. Overall, imports showed a deep setback. Over the period under review, imports of hit record highs at $180K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.2 | 6.6 | 2.6 | 121 | 109.3% |
| Germany | 11.1 | 6.9 | 3.8 | N/A | -41.5% |
| Austria | 25.6 | 19.8 | 13.4 | N/A | -27.7% |
| United Kingdom | 5.8 | 1.9 | 0.6 | N/A | -67.8% |
| India | N/A | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | N/A | N/A | 0% |
| Singapore | N/A | N/A | N/A | N/A | 0% |
| Italy | 123 | 99.6 | 71.0 | N/A | -24.0% |
| United States | 1.2 | 0.8 | 0.4 | N/A | -42.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 180 | 136 | 91.7 | 121 | -12.4% |
Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Sri Lanka in 2022:
- China (2.0 units)
- United Arab Emirates (1.0 units)
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