Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Australia - 2024

Contents:

1. Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Australia (CIF) - 2022
2. Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Australia (FOB) - 2022
3. Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Australia
4. Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Australia

Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Australia (CIF) - 2022

In 2022, the average import price for turbines; hydraulic water wheels and regulators therefor amounted to $74 thousand per unit, jumping by 50% against the previous year. Overall, the import price, however, recorded a deep contraction. Over the period under review, average import prices hit record highs at $327 thousand 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 Germany ($87 thousand per unit), while the price for Austria ($3.5 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.0%), while the prices for the other major suppliers experienced a decline.

Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Australia (FOB) - 2022

In 2022, the average export price for turbines; hydraulic water wheels and regulators therefor amounted to $83 thousand per unit, declining by -15.3% against the previous year. Overall, the export price, however, showed a modest expansion. The growth pace was the most rapid in 2014 when the average export price increased by 105%. As a result, the export price reached the peak level of $190 thousand per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Fiji ($274 thousand per unit), while the average price for exports to Christmas Island ($1.2 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Australia

In 2022, after two years of decline, there was significant growth in overseas purchases of turbines; hydraulic water wheels and regulators therefor, when their volume increased by 386% to 102 units. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; hydraulic water wheels and regulators therefor surged to $7.6M in 2022. Overall, imports posted a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Turbines; Hydraulic Water Wheels and Regulators Therefor to Australia in 2022:

1. China (80.0 units)
2. Italy (11.0 units)
3. United States (2.0 units)
4. Canada (1.0 units)
5. Japan (1.0 units)
6. United Kingdom (1.0 units)
7. Austria (1.0 units)
8. Germany (1.0 units)
9. New Zealand (1.0 units)

Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Australia

In 2022, approx. 33 units of turbines; hydraulic water wheels and regulators therefor were exported from Australia; growing by 10% compared with the previous year's figure. In general, exports, however, showed a slight reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 37% against the previous year. As a result, the exports reached the peak of 48 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of turbines; hydraulic water wheels and regulators therefor shrank to $2.8M in 2022. Over the period under review, exports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 25% against the previous year. As a result, the exports reached the peak of $5.7M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Turbines; Hydraulic Water Wheels and Regulators Therefor from Australia in 2022:

1. United States (3.0 units)
2. Singapore (2.0 units)
3. Cocos (Keeling) Islands (1.0 units)
4. Italy (1.0 units)
5. Solomon Islands (1.0 units)
6. Indonesia (1.0 units)
7. India (1.0 units)
8. Christmas Island (1.0 units)
9. Germany (1.0 units)
10. China (1.0 units)
11. South Korea (1.0 units)
12. Fiji (1.0 units)
13. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform