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

Contents:

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

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

In 2022, the average export price for turbines; hydraulic water wheels and regulators therefor amounted to $32 thousand per unit, declining by -12.1% against the previous year. Over the period under review, the export price recorded a perceptible decrease. The growth pace was the most rapid in 2017 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices attained the peak figure at $48 thousand per unit in 2018; however, from 2019 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 Norway ($41 thousand per unit), while the average price for exports to Switzerland ($116 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 North Macedonia (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for turbines; hydraulic water wheels and regulators therefor stood at $14 thousand per unit in 2022, waning by -86.3% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 159% against the previous year. As a result, import price attained the peak level of $231 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 Germany ($66 thousand per unit), while the price for Croatia ($28 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+88.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of turbines; hydraulic water wheels and regulators therefor from Serbia shrank sharply to 28 units in 2022, which is down by -30% against 2021. Over the period under review, exports faced a deep downturn. The smallest decline of -9.1% was in 2021. Over the period under review, the exports of attained the peak figure at 54 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of turbines; hydraulic water wheels and regulators therefor dropped markedly to $902K in 2022. Overall, exports saw a abrupt downturn. The smallest decline of -6.5% was in 2020. The exports peaked at $1.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Norway (15.0 units)
2. Austria (6.0 units)
3. Czech Republic (1.0 units)
4. Montenegro (1.0 units)
5. Rwanda (1.0 units)
6. Bosnia and Herzegovina (1.0 units)
7. Greece (1.0 units)
8. Switzerland (1.0 units)
9. Russia (1.0 units)

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

In 2022, imports of turbines; hydraulic water wheels and regulators therefor into Serbia fell rapidly to 13 units, declining by -91.9% against the previous year's figure. In general, imports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 303% against the previous year. As a result, imports reached the peak of 161 units, and then reduced remarkably in the following year.

In value terms, imports of turbines; hydraulic water wheels and regulators therefor contracted notably to $184K in 2022. Over the period under review, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 324% against the previous year. As a result, imports attained the peak of $17M, and then shrank dramatically in the following year.

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

1. Turkey (1.0 units)
2. Italy (1.0 units)
3. Czech Republic (1.0 units)
4. Poland (1.0 units)
5. United States (1.0 units)
6. Slovenia (1.0 units)
7. Austria (1.0 units)
8. Germany (1.0 units)
9. Ireland (1.0 units)
10. Hungary (1.0 units)
11. Croatia (1.0 units)
12. Russia (1.0 units)
13. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform