Price for Turbines; Steam and Other Vapour Turbines in Angola - 2022

Contents:

  1. Price for Turbines; Steam and Other Vapour Turbines in Angola (CIF) - 2022
  2. Price for Turbines; Steam and Other Vapour Turbines in Angola (FOB) - 2022
  3. Imports of Turbines; Steam and Other Vapour Turbines in Angola
  4. Exports of Turbines; Steam and Other Vapour Turbines in Angola

Price for Turbines; Steam and Other Vapour Turbines in Angola (CIF) - 2022

In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $54 thousand per unit, shrinking by -54% against the previous year. Overall, the import price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 463%. As a result, import price reached the peak level of $116 thousand per unit, and then shrank notably in the following year.

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 Congo ($109 thousand per unit), while the price for Germany ($97 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+302.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Steam and Other Vapour Turbines in Angola (FOB) - 2022

In 2022, the average export price for turbines; steam and other vapour turbineses amounted to $52 per unit, reducing by -83.2% against the previous year. Overall, the export price showed a dramatic slump. The most prominent rate of growth was recorded in 2020 an increase of 281%. Over the period under review, the average export prices hit record highs at $90 thousand per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($152 per unit), while the average price for exports to Brazil ($1 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 the UK (-26.6%), while the prices for the other major destinations experienced a decline.

Imports of Turbines; Steam and Other Vapour Turbines in Angola

In 2022, approx. 27 units of turbines; steam and other vapour turbineses were imported into Angola; surging by 3.8% against 2021 figures. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 8%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of turbines; steam and other vapour turbineses reduced rapidly to $1.4M in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 443%. As a result, imports attained the peak of $3M, and then fell rapidly in the following year.

Import of Turbines; Steam and Other Vapour Turbines in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo25.537.512610962.3%
Belgium3.11.69.975.6190.0%
Brazil16.642.156251.345.7%
Czech Republic23.524.056.233.612.7%
Italy5.410.531.524.164.6%
France16.79.86.222.810.9%
IndiaN/A1.20.518.7294.8%
China6.912.630.718.538.9%
Japan52.813820816.5-32.1%
South Korea0.10.33.22.3184.4%
GreeceN/AN/AN/A1.20%
Denmark1.00.10.30.6-15.7%
Germany1.01.56.60.1-53.6%
Others1512791,9861,07292.2%
Total3045583,0281,44668.2%

Top Suppliers of Turbines; Steam and Other Vapour Turbines to Angola in 2022:

  1. Brazil (1.0 units)
  2. Italy (1.0 units)
  3. Czech Republic (1.0 units)
  4. Denmark (1.0 units)
  5. Greece (1.0 units)
  6. India (1.0 units)
  7. France (1.0 units)
  8. Congo (1.0 units)
  9. Germany (1.0 units)
  10. Belgium (1.0 units)
  11. China (1.0 units)
  12. South Korea (1.0 units)
  13. Japan (1.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Angola

In 2022, overseas shipments of turbines; steam and other vapour turbineses decreased by -25% to 3 units, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 220%. As a result, the exports attained the peak of 16 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of turbines; steam and other vapour turbineses fell sharply to $155 in 2022. In general, exports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 1,120% against the previous year. As a result, the exports reached the peak of $135K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Turbines; Steam and Other Vapour Turbines in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom10.71250.80.2-73.5%
SpainN/A2.9N/AN/A0%
BelgiumN/A3.9N/AN/A0%
MozambiqueN/AN/AN/AN/A0%
Democratic Republic of the Congo0.12.5N/AN/A2400.0%
France0.3N/AN/AN/A0%
South AfricaN/AN/AN/AN/A0%
SingaporeN/AN/A0.4N/A0%
PortugalN/AN/AN/AN/A0%
Sao Tome and PrincipeN/A0.5N/AN/A0%
BrazilN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total11.11351.20.2-73.8%

Top Export Markets for Turbines; Steam and Other Vapour Turbines from Angola in 2022:

  1. Brazil (1.0 units)
  2. Democratic Republic of the Congo (1.0 units)
  3. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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