Price for Turbines; Steam and Other Vapour Turbines in Austria - 2024

Contents:

  1. Price for Turbines; Steam and Other Vapour Turbines in Austria (FOB) - 2024
  2. Price for Turbines; Steam and Other Vapour Turbines in Austria (CIF) - 2022
  3. Exports of Turbines; Steam and Other Vapour Turbines in Austria
  4. Imports of Turbines; Steam and Other Vapour Turbines in Austria

Price for Turbines; Steam and Other Vapour Turbines in Austria (FOB) - 2024

The average export price for turbines; steam and other vapour turbineses stood at $555K per unit in March 2024, growing by 20% against the previous month. Overall, export price indicated a strong expansion from April 2023 to March 2024: its price increased at an average monthly rate of +5.4% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, export price for turbines; steam and other vapour turbineses decreased by -5.3% against January 2024 indices. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 50% m-o-m. The export price peaked at $587K per unit in January 2024; however, from February 2024 to March 2024, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In March 2024, the country with the highest price was the UK ($18.4M per unit), while the average price for exports to China ($450K per unit) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+44.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $119 thousand per unit, with an increase of 26% against the previous year. Overall, the import price, however, showed a slight setback. The growth pace was the most rapid in 2020 when the average import price increased by 80% against the previous year. As a result, import price reached the peak level of $249 thousand per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($422 thousand per unit), while the price for South Korea ($2.4 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+109.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Turbines; Steam and Other Vapour Turbines in Austria

After two years of decline, overseas shipments of turbines; steam and other vapour turbineses increased by 18% to 161 units in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. Over the period under review, the exports of hit record highs at 229 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of turbines; steam and other vapour turbineses reached $39M in 2022. In general, exports, however, recorded a abrupt downturn. The exports peaked at $58M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Turbines; Steam and Other Vapour Turbines in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26.911.27.010.3-27.4%
China2.23.85.54.930.6%
Romania2.45.33.63.917.6%
United States4.88.04.23.9-6.7%
Russia2.8N/A0.13.02.3%
Italy7.49.94.12.9-26.8%
Netherlands0.14.72.02.8203.7%
Switzerland0.41.63.51.555.4%
SpainN/A2.70.90.4-61.5%
India4.83.10.9N/A-56.7%
Others6.14.83.15.2-5.2%
Total57.955.134.838.8-12.5%

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

  1. Germany (36.0 units)
  2. Romania (24.0 units)
  3. China (19.0 units)
  4. Netherlands (17.0 units)
  5. Italy (16.0 units)
  6. Russia (14.0 units)
  7. United States (11.0 units)
  8. Switzerland (2.0 units)
  9. Spain (2.0 units)

Imports of Turbines; Steam and Other Vapour Turbines in Austria

Imports of turbines; steam and other vapour turbineses into Austria amounted to 56 units in 2022, with an increase of 3.7% on the year before. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 59% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of turbines; steam and other vapour turbineses skyrocketed to $6.7M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -21.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 80%. As a result, imports attained the peak of $8.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Turbines; Steam and Other Vapour Turbines in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,7633,1712,0933,379-3.5%
Italy7149612,5282,29147.5%
PolandN/AN/AN/A4320%
Slovenia20.00.64.7248131.5%
Finland24.3N/AN/A58.534.0%
FranceN/A15.7N/A35.149.5%
DenmarkN/A9.010233.191.8%
LatviaN/AN/AN/A21.10%
China1.50.92.111.094.3%
United States3.380.81.89.140.2%
IndiaN/AN/AN/A6.80%
ChileN/AN/AN/A4.70%
South KoreaN/AN/AN/A2.40%
Others1664,229365140-5.5%
Total4,6928,4675,0966,67212.5%

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

  1. Italy (24.0 units)
  2. Germany (8.0 units)
  3. Poland (4.0 units)
  4. Finland (2.0 units)
  5. Slovenia (2.0 units)
  6. Denmark (1.0 units)
  7. India (1.0 units)
  8. France (1.0 units)
  9. United States (1.0 units)
  10. Latvia (1.0 units)
  11. China (1.0 units)
  12. Chile (1.0 units)
  13. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform

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