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

Contents:

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

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

The average export price for turbines; steam and other vapour turbineses stood at $583 thousand per unit in 2022, surging by 13% against the previous year. Overall, the export price recorded a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($1.2 million per unit), while the average price for exports to Austria ($185 thousand per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+66.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for turbines; steam and other vapour turbineses stood at $349 thousand per unit in 2022, shrinking by -3.8% against the previous year. Over the period under review, the import price saw a mild shrinkage. The pace of growth appeared the most rapid in 2019 when the average import price increased by 24% against the previous year. The import price peaked at $392 thousand per unit in 2020; however, from 2021 to 2022, 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 France ($1.6 million per unit), while the price for Austria ($169 thousand per unit) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Turbines; Steam and Other Vapour Turbines in Italy

Exports of turbines; steam and other vapour turbineses from Italy surged to 382 units in 2022, with an increase of 32% compared with the previous year's figure. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports of attained the maximum at 389 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of turbines; steam and other vapour turbineses skyrocketed to $223M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Turbines; Steam and Other Vapour Turbines in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.71.91.527.7240.8%
Germany34.415.412.127.5-7.2%
Mexico0.3N/A0.119.3300.7%
United States7.15.524.312.922.0%
Czech Republic3.12.64.212.659.6%
Iran5.30.81.59.421.0%
Netherlands10.02.42.27.8-7.9%
Switzerland3.73.310.57.224.8%
Hungary1.91.70.36.248.3%
Lithuania1.13.91.66.177.0%
Uzbekistan11.53.90.14.7-25.8%
Austria3.55.92.24.26.3%
India7.28.48.63.6-20.6%
Others93.685.779.273.4-7.8%
Total1831411482236.8%

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

  1. China (67.0 units)
  2. Germany (65.0 units)
  3. Austria (23.0 units)
  4. Czech Republic (18.0 units)
  5. Mexico (16.0 units)
  6. United States (16.0 units)
  7. Switzerland (16.0 units)
  8. Iran (14.0 units)
  9. India (12.0 units)
  10. Uzbekistan (9.0 units)
  11. Netherlands (9.0 units)
  12. Lithuania (7.0 units)
  13. Hungary (7.0 units)

Imports of Turbines; Steam and Other Vapour Turbines in Italy

In 2022, purchases abroad of turbines; steam and other vapour turbineses decreased by -5.8% to 163 units, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 43% against the previous year. As a result, imports reached the peak of 190 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of turbines; steam and other vapour turbineses contracted to $57M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% 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 -23.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year. As a result, imports reached the peak of $74M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Turbines; Steam and Other Vapour Turbines in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic2.63.65.115.882.5%
Germany10.513.614.111.84.0%
India0.30.23.05.3160.4%
Austria5.810.83.23.4-16.3%
France3.011.919.63.11.1%
Poland1.00.41.02.739.2%
Netherlands1.53.72.11.86.3%
Switzerland1.20.74.11.1-2.9%
SwedenN/A7.2N/A0.5-73.6%
Others19.322.310.711.4-16.1%
Total45.174.462.856.98.1%

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

  1. Germany (51.0 units)
  2. Czech Republic (33.0 units)
  3. Austria (20.0 units)
  4. India (15.0 units)
  5. Poland (3.0 units)
  6. Switzerland (3.0 units)
  7. Netherlands (2.0 units)
  8. France (2.0 units)
  9. Sweden (1.0 units)

Source: IndexBox Market Intelligence Platform

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