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

Contents:

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

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

In 2022, the average export price for turbines; hydraulic water wheels and regulators therefor amounted to $62 thousand per unit, picking up by 56% against the previous year. Over the period under review, the export price recorded tangible growth. The growth pace was the most rapid in 2018 when the average export price increased by 183%. Over the period under review, the average export prices attained the peak figure at $112 thousand per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($427 thousand per unit), while the average price for exports to the United States ($1.5 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 Norway (+48.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for turbines; hydraulic water wheels and regulators therefor amounted to $65 thousand per unit, with a decrease of -2.5% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $89 thousand per unit. From 2015 to 2022, the average import prices remained at a 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 China ($128 thousand per unit), while the price for New Zealand ($30 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+62.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of turbines; hydraulic water wheels and regulators therefor exported from Finland surged to 61 units, with an increase of 30% compared with the year before. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 52%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of turbines; hydraulic water wheels and regulators therefor surged to $3.8M in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Sweden (38.0 units)
2. Norway (11.0 units)
3. New Zealand (8.0 units)
4. Canada (1.0 units)
5. United Arab Emirates (1.0 units)
6. United States (1.0 units)
7. Ethiopia (1.0 units)

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

In 2022, supplies from abroad of turbines; hydraulic water wheels and regulators therefor decreased by -42.2% to 37 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a notable increase. The growth pace was the most rapid in 2020 with an increase of 82%. Over the period under review, imports of attained the maximum at 64 units in 2021, and then dropped sharply in the following year.

In value terms, imports of turbines; hydraulic water wheels and regulators therefor shrank remarkably to $2.4M in 2022. In general, imports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 124%. Over the period under review, imports of hit record highs at $4.3M in 2021, and then reduced rapidly in the following year.

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

1. Spain (9.0 units)
2. Italy (8.0 units)
3. Poland (5.0 units)
4. China (2.0 units)
5. Taiwan (Chinese) (1.0 units)
6. Czech Republic (1.0 units)
7. Estonia (1.0 units)
8. France (1.0 units)
9. Austria (1.0 units)
10. Hong Kong SAR (1.0 units)
11. Germany (1.0 units)
12. New Zealand (1.0 units)
13. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform