Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States - 2024
Contents:
- Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States (CIF) - 2022
- Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States (FOB) - 2022
- Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States
- Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States
Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States (CIF) - 2022
The average import price for turbines; hydraulic water wheels and regulators therefor stood at $133 thousand per unit in 2022, with an increase of 12% against the previous year. Over the period under review, the import price, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2020 an increase of 25% against the previous year. Over the period under review, average import prices reached the maximum at $183 thousand per unit in 2013; however, from 2014 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 Slovenia ($367 thousand per unit), while the price for South Korea ($16 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States (FOB) - 2022
The average export price for turbines; hydraulic water wheels and regulators therefor stood at $97 thousand per unit in 2022, dropping by -20.1% against the previous year. In general, the export price recorded a perceptible reduction. The growth pace was the most rapid in 2016 an increase of 6% against the previous year. The export price peaked at $153 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 Canada ($171 thousand per unit), while the average price for exports to Mozambique ($1.9 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 Cayman Islands (+27.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States
In 2022, supplies from abroad of turbines; hydraulic water wheels and regulators therefor increased by 41% to 313 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a abrupt decline. Over the period under review, imports of reached the peak figure at 460 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of turbines; hydraulic water wheels and regulators therefor surged to $42M in 2022. Overall, imports, however, showed a mild setback. Imports peaked at $44M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 13.9 | 12.6 | 9.6 | 15.0 | 2.6% |
| China | 6.1 | 2.4 | 1.0 | 5.4 | -4.0% |
| Brazil | 8.3 | 9.5 | 4.3 | 4.8 | -16.7% |
| Slovenia | N/A | 4.4 | N/A | 4.0 | -4.7% |
| Germany | 1.2 | 2.5 | 1.0 | 3.4 | 41.5% |
| Mexico | 1.3 | 0.5 | 0.5 | 2.3 | 20.9% |
| United Kingdom | 4.4 | 0.6 | 1.1 | 1.9 | -24.4% |
| Spain | 0.5 | N/A | 1.2 | 1.7 | 50.4% |
| Austria | 0.3 | 5.7 | 1.2 | 1.3 | 63.0% |
| Malaysia | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Czech Republic | 0.1 | 0.8 | 1.6 | 0.2 | 26.0% |
| Italy | 1.1 | 1.7 | 1.2 | 0.1 | -55.0% |
| Turkey | N/A | N/A | 1.0 | N/A | 0% |
| Others | 5.8 | 3.3 | 2.6 | 1.3 | -39.3% |
| Total | 43.1 | 44.1 | 26.4 | 41.7 | -1.1% |
Top Suppliers of Turbines; Hydraulic Water Wheels and Regulators Therefor to the United States in 2022:
- Canada (87.0 units)
- China (63.0 units)
- Brazil (31.0 units)
- Germany (30.0 units)
- Mexico (17.0 units)
- United Kingdom (16.0 units)
- Malaysia (15.0 units)
- Slovenia (11.0 units)
- Spain (10.0 units)
- Austria (6.0 units)
- Czech Republic (2.0 units)
- Italy (1.0 units)
- Turkey (1.0 units)
Exports of Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States
In 2022, shipments abroad of turbines; hydraulic water wheels and regulators therefor decreased by -18.7% to 270 units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 27% against the previous year. Over the period under review, the exports of hit record highs at 332 units in 2021, and then contracted dramatically in the following year.
In value terms, exports of turbines; hydraulic water wheels and regulators therefor dropped markedly to $26M in 2022. In general, exports recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 17%. The exports peaked at $40M in 2021, and then reduced remarkably in the following year.
| Export of Turbines; Hydraulic Water Wheels and Regulators Therefor in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 22.5 | 10.5 | 20.6 | 8.9 | -26.6% |
| Indonesia | N/A | 9.4 | 0.1 | 3.8 | -36.4% |
| Mexico | 1.1 | 1.0 | 0.9 | 1.8 | 17.8% |
| Guatemala | 0.3 | 0.4 | 0.1 | 1.1 | 54.2% |
| Colombia | 1.3 | 0.1 | 0.1 | 0.8 | -14.9% |
| Italy | N/A | N/A | N/A | 0.5 | 0% |
| United Kingdom | 0.3 | 0.9 | 0.9 | 0.5 | 18.6% |
| Chile | 0.4 | 2.5 | 0.1 | 0.4 | 0.0% |
| Singapore | 0.2 | N/A | 5.7 | 0.3 | 14.5% |
| Germany | N/A | 0.2 | N/A | 0.3 | 22.5% |
| South Korea | 0.1 | N/A | 3.8 | 0.3 | 44.2% |
| Cayman Islands | N/A | N/A | N/A | 0.2 | 0% |
| Mozambique | N/A | N/A | N/A | N/A | 0% |
| Others | 7.5 | 14.3 | 7.7 | 7.2 | -1.4% |
| Total | 33.7 | 39.5 | 40.2 | 26.1 | -8.2% |
Top Export Markets for Turbines; Hydraulic Water Wheels and Regulators Therefor from the United States in 2022:
- Canada (52.0 units)
- Indonesia (34.0 units)
- Italy (29.0 units)
- Guatemala (17.0 units)
- Mexico (12.0 units)
- Cayman Islands (7.0 units)
- Colombia (6.0 units)
- United Kingdom (6.0 units)
- Germany (6.0 units)
- Mozambique (6.0 units)
- Chile (5.0 units)
- South Korea (3.0 units)
- Singapore (2.0 units)
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