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

Contents:

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

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

In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $730 thousand per unit, reducing by -7.1% against the previous year. In general, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of 48%. Over the period under review, average import prices hit record highs at $1.6 million per unit in 2012; however, from 2013 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 Germany ($3.1 million per unit), while the price for Poland ($421 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+86.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for turbines; steam and other vapour turbineses amounted to $212 thousand per unit, growing by 17% against the previous year. Overall, the export price, however, showed a drastic downturn. The growth pace was the most rapid in 2020 when the average export price increased by 49% against the previous year. The export price peaked at $569 thousand per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($769 thousand per unit), while the average price for exports to Solomon Islands ($1 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 Brazil (+202.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbines; Steam and Other Vapour Turbines in Malaysia

In 2022, approx. 97 units of turbines; steam and other vapour turbineses were imported into Malaysia; increasing by 70% on the previous year's figure. In general, imports, however, showed a abrupt contraction. Imports peaked at 128 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of turbines; steam and other vapour turbineses skyrocketed to $71M in 2022. Overall, imports, however, showed a perceptible shrinkage. Over the period under review, imports of reached the maximum at $77M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Turbines; Steam and Other Vapour Turbines in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.311.25.218.5-6.0%
Germany8.85.56.612.512.4%
Japan11.318.121.29.6-5.3%
Poland22.80.10.58.9-26.9%
Belgium1.1N/A0.77.690.5%
India2.42.47.75.935.0%
United States2.81.71.02.91.2%
France0.60.80.81.329.4%
Others5.37.61.23.8-10.5%
Total77.447.344.870.9-2.9%

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

  1. China (24.0 units)
  2. Poland (21.0 units)
  3. Japan (9.0 units)
  4. Belgium (7.0 units)
  5. India (5.0 units)
  6. Germany (4.0 units)
  7. France (2.0 units)
  8. United States (2.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Malaysia

In 2022, approx. 38 units of turbines; steam and other vapour turbineses were exported from Malaysia; increasing by 2.7% against the previous year's figure. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +46.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of turbines; steam and other vapour turbineses surged to $8M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.1% 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 +56.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Turbines; Steam and Other Vapour Turbines in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia2,4931,6881,8653,84515.5%
Guatemala10028.9N/A37254.9%
Colombia27.7N/A104371137.5%
BrazilN/AN/A42.1127201.7%
CanadaN/AN/AN/A1240%
Ghana17.92.320.198.976.8%
China1.3N/A2,47858.9256.5%
United States35214357740.5-51.4%
Gabon27.030.216.417.3-13.8%
Democratic Republic of the CongoN/AN/AN/A11.30%
Brunei Darussalam3534104115.5-75.0%
CambodiaN/AN/AN/A1.40%
Solomon IslandsN/A7.14.51.0-62.5%
Others1,7704,7961,1642,96418.8%
Total5,1427,1056,6838,03816.1%

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

  1. Indonesia (5.0 units)
  2. Ghana (1.0 units)
  3. Brazil (1.0 units)
  4. Canada (1.0 units)
  5. Solomon Islands (1.0 units)
  6. Brunei Darussalam (1.0 units)
  7. Cambodia (1.0 units)
  8. United States (1.0 units)
  9. Democratic Republic of the Congo (1.0 units)
  10. Guatemala (1.0 units)
  11. China (1.0 units)
  12. Colombia (1.0 units)
  13. Gabon (1.0 units)

Source: IndexBox Market Intelligence Platform

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