Price for Turbines; Steam and Other Vapour Turbines in India - 2024
Contents:
- Price for Turbines; Steam and Other Vapour Turbines in India (FOB) - 2022
- Price for Turbines; Steam and Other Vapour Turbines in India (CIF) - 2022
- Exports of Turbines; Steam and Other Vapour Turbines in India
- Imports of Turbines; Steam and Other Vapour Turbines in India
Price for Turbines; Steam and Other Vapour Turbines in India (FOB) - 2022
The average export price for turbines; steam and other vapour turbineses stood at $555 thousand per unit in 2022, shrinking by -2% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for turbines; steam and other vapour turbineses increased by +25.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 28%. The export price peaked at $771 thousand per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($1 million per unit), while the average price for exports to Senegal ($317 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 Mexico (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Turbines; Steam and Other Vapour Turbines in India (CIF) - 2022
In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $725 thousand per unit, reducing by -24.8% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 31%. Over the period under review, average import prices attained the maximum at $2.2 million 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 Russia ($3.4 million per unit), while the price for the Czech Republic ($164 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+159.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Turbines; Steam and Other Vapour Turbines in India
After three years of growth, overseas shipments of turbines; steam and other vapour turbineses decreased by -52.7% to 252 units in 2022. Over the period under review, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. The exports peaked at 533 units in 2021, and then shrank rapidly in the following year.
In value terms, exports of turbines; steam and other vapour turbineses reduced markedly to $140M in 2022. Overall, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. As a result, the exports reached the peak of $302M, and then declined remarkably in the following year.
| Export of Turbines; Steam and Other Vapour Turbines in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 31.5 | 67.7 | 103 | 24.8 | -7.7% |
| United States | 30.0 | 11.1 | 64.5 | 20.0 | -12.6% |
| Bangladesh | 14.7 | 21.4 | 65.9 | 11.7 | -7.3% |
| Turkey | 6.5 | 14.1 | 5.9 | 9.8 | 14.7% |
| Thailand | 8.1 | 6.4 | 4.0 | 7.3 | -3.4% |
| Philippines | 16.0 | 0.6 | 1.6 | 5.1 | -31.7% |
| Italy | 0.4 | 0.6 | 3.8 | 4.3 | 120.7% |
| Malaysia | 1.9 | 0.8 | 1.5 | 3.4 | 21.4% |
| South Korea | 6.5 | 4.0 | 6.7 | 3.4 | -19.4% |
| Mexico | 0.1 | 0.5 | 1.5 | 2.6 | 196.2% |
| Vietnam | 0.5 | 32.1 | 1.3 | 2.3 | 66.3% |
| Germany | 0.6 | 3.5 | 1.6 | 2.3 | 56.5% |
| Senegal | 0.3 | 0.1 | 1.0 | 1.3 | 63.0% |
| Others | 122 | 45.2 | 39.5 | 41.6 | -30.1% |
| Total | 239 | 208 | 302 | 140 | -16.3% |
Top Export Markets for Turbines; Steam and Other Vapour Turbines from India in 2022:
- Japan (38.0 units)
- United States (37.0 units)
- Bangladesh (19.0 units)
- Turkey (15.0 units)
- Thailand (13.0 units)
- Vietnam (7.0 units)
- Italy (5.0 units)
- Philippines (5.0 units)
- Germany (5.0 units)
- Mexico (4.0 units)
- Malaysia (4.0 units)
- Senegal (4.0 units)
- South Korea (4.0 units)
Imports of Turbines; Steam and Other Vapour Turbines in India
In 2022, approx. 132 units of turbines; steam and other vapour turbineses were imported into India; dropping by -18.5% against 2021 figures. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports attained the peak of 162 units, and then declined remarkably in the following year.
In value terms, imports of turbines; steam and other vapour turbineses reduced notably to $96M in 2022. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of $156M, and then fell dramatically in the following year.
| Import of Turbines; Steam and Other Vapour Turbines in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 18.8 | 31.2 | 55.9 | 28.2 | 14.5% |
| Russia | 3.4 | 0.4 | 20.1 | 20.4 | 81.7% |
| Japan | 41.6 | 39.2 | 32.2 | 12.4 | -33.2% |
| Bangladesh | N/A | N/A | N/A | 5.3 | 0% |
| Poland | 6.5 | 18.9 | 2.6 | 3.5 | -18.6% |
| Germany | 11.9 | 7.0 | 12.3 | 3.4 | -34.1% |
| Vietnam | N/A | N/A | N/A | 3.3 | 0% |
| United States | 15.0 | 11.4 | 3.8 | 2.9 | -42.2% |
| Italy | 1.2 | 2.5 | 4.4 | 2.2 | 22.4% |
| France | 4.6 | 3.4 | 2.5 | 1.4 | -32.7% |
| South Korea | 2.2 | 1.1 | 1.4 | 1.3 | -16.1% |
| Indonesia | N/A | 0.1 | 0.3 | 0.8 | 182.8% |
| Netherlands | 0.1 | 6.0 | 4.6 | 0.5 | 71.0% |
| Others | 18.1 | 11.2 | 16.3 | 10.0 | -17.9% |
| Total | 123 | 132 | 156 | 95.7 | -8.0% |
Top Suppliers of Turbines; Steam and Other Vapour Turbines to India in 2022:
- China (54.0 units)
- Japan (13.0 units)
- Vietnam (9.0 units)
- Russia (6.0 units)
- Germany (4.0 units)
- South Korea (4.0 units)
- Bangladesh (3.0 units)
- Italy (2.0 units)
- Poland (2.0 units)
- Indonesia (2.0 units)
- Netherlands (1.0 units)
- France (1.0 units)
- United States (1.0 units)
589
This report provides an in-depth analysis of the steam turbine market in India.
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This report provides an in-depth analysis of the global steam turbine market.
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This report provides an in-depth analysis of the steam turbine market in India.
1633
This report provides an in-depth analysis of the global steam turbine market.
794
In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
1086
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
1226
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
1147
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
794
In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
1086
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
1226
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
1147
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
