Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Saudi Arabia - 2022
Contents:
- Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Saudi Arabia (FOB) - 2022
- Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Saudi Arabia
Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in Saudi Arabia (FOB) - 2022
In 2021, the average export price for turbines; hydraulic water wheels and regulators therefor amounted to $692 thousand per unit, jumping by 82% against the previous year. In general, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 176%. The export price peaked in 2021 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($3.5 million per unit), while the average price for exports to the United Arab Emirates ($15 thousand per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+37.6%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in Saudi Arabia
For the third consecutive year, Saudi Arabia recorded decline in shipments abroad of turbines; hydraulic water wheels and regulators therefor, which decreased by -57.1% to 3 units in 2022. Overall, exports continue to indicate a dramatic curtailment. The smallest decline of -50% was in 2021. Over the period under review, the exports of attained the peak figure at 46 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of turbines; hydraulic water wheels and regulators therefor declined dramatically to $614K in 2022. In general, exports continue to indicate a sharp decrease. The smallest decline of -8.8% was in 2021. The exports peaked at $6.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Turbines; Hydraulic Water Wheels and Regulators Therefor in Saudi Arabia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
| Italy | N/A | N/A | 3,955 | 0% |
| Germany | N/A | N/A | 305 | 0% |
| United Arab Emirates | 46.6 | 489 | 295 | 151.6% |
| France | N/A | N/A | 270 | 0% |
| Kuwait | N/A | 4.7 | 16.1 | 242.6% |
| Bahrain | 8.0 | N/A | 0.9 | -66.5% |
| United States | N/A | 2,673 | N/A | 0% |
| Others | 6,259 | 2,140 | N/A | -65.8% |
| Total | 6,313 | 5,306 | 4,841 | -12.4% |
Top Export Markets for Turbines; Hydraulic Water Wheels and Regulators Therefor from Saudi Arabia in 2022:
- United Arab Emirates (20.0 units)
- Bahrain (1.0 units)
- Italy (1.0 units)
- France (1.0 units)
- Germany (1.0 units)
- Kuwait (1.0 units)
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