Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Venezuela - 2022
Contents:
- Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Venezuela (CIF) - 2022
- Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Venezuela
Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Venezuela (CIF) - 2022
In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $8.3 thousand per unit, increasing by 60% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when the average import price increased by 480% against the previous year. Over the period under review, average import prices reached the peak figure at $22 thousand per unit in 2012; however, from 2013 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 Spain ($22 thousand per unit), while the price for France ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+94.1%), 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 Venezuela
In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW imported into Venezuela soared to 6 units, increasing by 20% against the previous year's figure. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 60% against the previous year. As a result, imports attained the peak of 8 units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $50K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 827% against the previous year. As a result, imports reached the peak of $77K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.2 | 28.2 | 12.2 | 22.0 | 73.7% |
| Germany | 2.1 | 13.9 | 6.0 | 10.9 | 73.1% |
| Argentina | 1.7 | 11.2 | 4.8 | 8.7 | 72.3% |
| United States | 0.5 | 24.1 | 2.9 | 8.4 | 156.1% |
| Dominican Republic | N/A | N/A | N/A | N/A | 0% |
| France | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.3 | 77.4 | 26.0 | 50.0 | 82.0% |
Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Venezuela in 2022:
- Argentina (2.0 units)
- United States (1.0 units)
- Germany (1.0 units)
- Spain (1.0 units)
- France (1.0 units)
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