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

Contents:

  1. Price for Turbines; Steam and Other Vapour Turbines in Estonia (CIF) - 2022
  2. Price for Turbines; Steam and Other Vapour Turbines in Estonia (FOB) - 2023
  3. Imports of Turbines; Steam and Other Vapour Turbines in Estonia
  4. Exports of Turbines; Steam and Other Vapour Turbines in Estonia

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

The average import price for turbines; steam and other vapour turbineses stood at $77 thousand per unit in 2022, rising by 1,329% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 an increase of 5,131% against the previous year. As a result, import price attained the peak level of $282 thousand per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($431 thousand per unit), while the price for the United States ($364 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+92.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Steam and Other Vapour Turbines in Estonia (FOB) - 2023

In October 2023, the average export price for turbines; steam and other vapour turbineses amounted to $252K per unit, jumping by 42% against the previous month. Overall, export price indicated significant growth from September 2023 to October 2023: its price increased at an average monthly rate of +42.1% over the last one months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for turbines; steam and other vapour turbineses increased by +42.1% against September 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($293K per unit), while the average price for exports to the UK totaled $164K per unit.

From September 2023 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbines; Steam and Other Vapour Turbines in Estonia

In 2022, imports of turbines; steam and other vapour turbineses into Estonia skyrocketed to 6 units, increasing by 50% against 2021. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; steam and other vapour turbineses surged to $462K in 2022. Overall, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 5,131% against the previous year. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Turbines; Steam and Other Vapour Turbines in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/A1,5383.2431-47.1%
United KingdomN/AN/AN/A21.00%
Czech Republic7.235.2N/A8.24.4%
ChinaN/AN/A0.31.6433.3%
United StatesN/AN/AN/A0.40%
Finland0.813.5N/A0.4-20.6%
Russia2.6N/AN/AN/A0%
GermanyN/AN/A13.9N/A0%
Latvia3.213.94.1N/A13.2%
DenmarkN/A92.7N/AN/A0%
Ukraine18.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total32.41,69321.6462142.5%

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

  1. United States (1.0 units)
  2. Czech Republic (1.0 units)
  3. Finland (1.0 units)
  4. Lithuania (1.0 units)
  5. United Kingdom (1.0 units)
  6. China (1.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Estonia

Exports of turbines; steam and other vapour turbineses from Estonia was estimated at 2 units in 2022, approximately equating the year before. In general, exports showed a relatively flat trend pattern. The smallest decline of -50% was in 2020. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of turbines; steam and other vapour turbineses amounted to $23K in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,695% against the previous year. As a result, the exports attained the peak of $92K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Turbines; Steam and Other Vapour Turbines in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UzbekistanN/AN/AN/A22.40%
Russia2.591.6N/A0.4-45.7%
Ukraine2.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.191.6N/A22.864.7%

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

  1. Uzbekistan (1.0 units)
  2. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform

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