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

Contents:

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

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

The average import price for turbines; steam and other vapour turbineses stood at $200 thousand per unit in 2022, reducing by -5.2% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for turbines; steam and other vapour turbineses decreased by -14.4% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 40%. The import price peaked at $305 thousand per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($875 thousand per unit), while the price for China ($73 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for turbines; steam and other vapour turbineses amounted to $51 thousand per unit, shrinking by -27.3% against the previous year. In general, the export price faced a drastic downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 11%. Over the period under review, the average export prices attained the peak figure at $241 thousand per unit in 2012; however, from 2013 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 Germany ($377 thousand per unit), while the average price for exports to Italy ($432 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 Argentina (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbines; Steam and Other Vapour Turbines in Indonesia

After two years of decline, overseas purchases of turbines; steam and other vapour turbineses increased by 105% to 1.5K units in 2022. In general, imports, however, saw a significant decline. Imports peaked at 3.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of turbines; steam and other vapour turbineses soared to $293M in 2022. Overall, imports, however, showed a dramatic setback. Imports peaked at $726M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Steam and Other Vapour Turbines in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan26430477.6155-16.3%
China30227655.080.6-35.6%
Germany52.919.84.229.4-17.8%
South Korea24.28.20.13.0-50.1%
India32.358.90.71.5-64.1%
Others43.258.113.423.9-17.9%
Total718726151293-25.8%

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

  1. China (1106.0 units)
  2. Japan (177.0 units)
  3. Germany (90.0 units)
  4. South Korea (9.0 units)
  5. India (5.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Indonesia

After two years of decline, shipments abroad of turbines; steam and other vapour turbineses increased by 2% to 52 units in 2022. Over the period under review, exports, however, saw a abrupt downturn. Over the period under review, the exports of reached the peak figure at 95 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of turbines; steam and other vapour turbineses contracted significantly to $2.7M in 2022. Overall, exports, however, continue to indicate a sharp reduction. The smallest decline of -18.6% was in 2020. Over the period under review, the exports of hit record highs at $13M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Turbines; Steam and Other Vapour Turbines in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4,2743,339268753-43.9%
Qatar1,1421,033506282-37.3%
Australia826811394218-35.9%
Kuwait371414250172-22.6%
Argentina344384232159-22.7%
India36.567.911315561.9%
Iraq604530251121-41.5%
United States334505227117-29.5%
Brazil58428614.782.4-47.9%
China24.232.824.129.36.6%
Belgium17.816.38.04.5-36.8%
Hong Kong SAR10.68.03.31.5-47.9%
Italy1681040.70.4-86.6%
Others3,8532,7221,311575-47.0%
Total12,58910,2533,6032,670-40.4%

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

  1. Qatar (4.0 units)
  2. Kuwait (3.0 units)
  3. Argentina (3.0 units)
  4. Iraq (3.0 units)
  5. Brazil (2.0 units)
  6. India (2.0 units)
  7. United States (2.0 units)
  8. Germany (2.0 units)
  9. China (2.0 units)
  10. Australia (1.0 units)
  11. Italy (1.0 units)
  12. Belgium (1.0 units)
  13. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

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