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

Contents:

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

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

The average export price for turbines; steam and other vapour turbineses stood at $683 thousand per unit in 2022, falling by -22.3% against the previous year. In general, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2021 an increase of 18%. The export price peaked at $906 thousand per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($2 million per unit), while the average price for exports to Italy ($196 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 Uzbekistan (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for turbines; steam and other vapour turbineses stood at $329 thousand per unit in 2022, growing by 5.1% against the previous year. Overall, the import price, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 20% against the previous year. The import price peaked at $428 thousand per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Switzerland ($1.5 million per unit), while the price for Spain ($90 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Turbines; Steam and Other Vapour Turbines in Germany

Exports of turbines; steam and other vapour turbineses from Germany soared to 653 units in 2022, jumping by 64% on 2021. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure at 706 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of turbines; steam and other vapour turbineses skyrocketed to $446M in 2022. In general, exports, however, recorded a pronounced contraction. The exports peaked at $525M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Turbines; Steam and Other Vapour Turbines in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11075.738.857.5-19.4%
India8.848.49.447.174.9%
Indonesia3.32.20.146.9142.2%
South Korea9.213.817.436.358.0%
United States15.130.423.324.918.1%
Taiwan (Chinese)2.12.19.724.5126.8%
Sweden4.61.50.917.756.7%
Uzbekistan6.0N/AN/A14.835.1%
Czech Republic9.911.59.713.310.3%
Philippines0.110.40.410.9377.7%
Canada7.44.01.010.311.7%
Austria8.913.37.710.24.6%
Italy11.48.14.96.3-17.9%
Others296304226125-25.0%
Total493525349446-3.3%

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

  1. China (133.0 units)
  2. Indonesia (91.0 units)
  3. India (65.0 units)
  4. South Korea (33.0 units)
  5. Italy (32.0 units)
  6. Austria (30.0 units)
  7. United States (29.0 units)
  8. Uzbekistan (28.0 units)
  9. Canada (24.0 units)
  10. Czech Republic (23.0 units)
  11. Taiwan (Chinese) (12.0 units)
  12. Philippines (11.0 units)
  13. Sweden (11.0 units)

Imports of Turbines; Steam and Other Vapour Turbines in Germany

In 2022, the amount of turbines; steam and other vapour turbineses imported into Germany skyrocketed to 525 units, jumping by 49% on 2021 figures. Overall, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.5% against 2020 indices. Over the period under review, imports of reached the peak figure at 533 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of turbines; steam and other vapour turbineses surged to $173M in 2022. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +3.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Turbines; Steam and Other Vapour Turbines in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary34.531.015.531.1-3.4%
China9.914.98.630.245.0%
Italy16.218.012.923.413.0%
Poland18.123.29.822.16.9%
Czech Republic11.623.410.015.610.4%
Austria10.513.520.314.812.1%
Brazil3.05.811.65.421.6%
Japan2.50.91.45.126.8%
India0.63.81.33.172.9%
Spain0.51.11.22.877.6%
Romania1.62.00.20.6-27.9%
Indonesia7.07.22.7N/A-37.9%
Others41.115.715.118.5-23.4%
Total1571611101733.3%

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

  1. China (130.0 units)
  2. Italy (81.0 units)
  3. Poland (80.0 units)
  4. Austria (44.0 units)
  5. Hungary (42.0 units)
  6. Czech Republic (32.0 units)
  7. Spain (31.0 units)
  8. Japan (25.0 units)
  9. Brazil (7.0 units)
  10. India (6.0 units)
  11. Romania (5.0 units)

Source: IndexBox Market Intelligence Platform

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