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

Contents:

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

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

In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $736 thousand per unit, growing by 3.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2013 an increase of 29%. Over the period under review, average import prices hit record highs at $809 thousand per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 the United States ($883 thousand per unit), while the price for China ($106 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for turbines; steam and other vapour turbineses amounted to $504 thousand per unit, with a decrease of -9.3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 71% against the previous year. Over the period under review, the average export prices attained the peak figure at $849 thousand per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +23.3% per year.

Imports of Turbines; Steam and Other Vapour Turbines in Mexico

In 2022, the amount of turbines; steam and other vapour turbineses imported into Mexico dropped to 11 units, which is down by -8.3% against the previous year's figure. Over the period under review, imports saw a dramatic contraction. Over the period under review, imports of reached the peak figure at 28 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of turbines; steam and other vapour turbineses fell to $8.1M in 2022. Overall, imports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of $21M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Turbines; Steam and Other Vapour Turbines in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.514.18.16.211.3%
Germany0.31.90.31.674.7%
Brazil1.30.3N/A0.2-46.4%
ChinaN/AN/A0.10.10.0%
SwitzerlandN/A0.6N/AN/A0%
France0.11.7N/AN/A1600.0%
India0.1N/AN/AN/A0%
Japan0.11.8N/AN/A1700.0%
Czech Republic11.40.4N/AN/A-96.5%
Italy0.50.1N/AN/A-80.0%
Others0.5N/AN/AN/A0%
Total18.921.18.58.1-24.6%

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

  1. United States (7.0 units)
  2. Germany (2.0 units)
  3. Brazil (1.0 units)
  4. China (1.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Mexico

In 2022, shipments abroad of turbines; steam and other vapour turbineses decreased by -43.8% to 9 units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year. As a result, the exports attained the peak of 40 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of turbines; steam and other vapour turbineses dropped dramatically to $4.5M in 2022. In general, exports saw a dramatic setback. The growth pace was the most rapid in 2020 with an increase of 46%. As a result, the exports reached the peak of $23M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Turbines; Steam and Other Vapour Turbines in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States16.023.48.94.5-34.5%
OthersN/AN/AN/AN/A0%
Total16.023.48.94.5-34.5%

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

  1. United States (9.0 units)

Source: IndexBox Market Intelligence Platform

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