Price for Turbines; Steam and Other Vapour Turbines in New Zealand - 2023

Contents:

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

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

The average import price for turbines; steam and other vapour turbineses stood at $246 thousand per unit in 2022, reducing by -41% against the previous year. Over the period under review, the import price showed a precipitous contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 1,219% against the previous year. The import price peaked at $2.6 million per unit in 2012; however, from 2013 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 India ($1.2 million per unit), while the price for France ($3.7 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 (+196.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for turbines; steam and other vapour turbineses amounted to $26 thousand per unit, falling by -72.7% against the previous year. Overall, the export price continues to indicate a dramatic setback. The growth pace was the most rapid in 2017 an increase of 503% against the previous year. The export price peaked at $408 thousand per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vanuatu ($149 thousand per unit), while the average price for exports to Taiwan (Chinese) ($101 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 Taiwan (Chinese) (+431.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Turbines; Steam and Other Vapour Turbines in New Zealand

In 2022, approx. 12 units of turbines; steam and other vapour turbineses were imported into New Zealand; reducing by -14.3% against the previous year. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year. Over the period under review, imports of reached the peak figure at 14 units in 2021, and then reduced in the following year.

In value terms, imports of turbines; steam and other vapour turbineses dropped sharply to $2.9M in 2022. In general, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. United States (1.0 units)
2. Israel (1.0 units)
3. Australia (1.0 units)
4. Italy (1.0 units)
5. Philippines (1.0 units)
6. India (1.0 units)
7. France (1.0 units)
8. United Kingdom (1.0 units)
9. Sweden (1.0 units)
10. China (1.0 units)
11. Japan (1.0 units)
12. Germany (1.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in New Zealand

For the fourth consecutive year, New Zealand recorded growth in shipments abroad of turbines; steam and other vapour turbineses, which increased by 100% to 10 units in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; steam and other vapour turbineses shrank significantly to $261K in 2022. Over the period under review, exports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 231% against the previous year. As a result, the exports attained the peak of $477K, and then declined notably in the following year.

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

1. Canada (1.0 units)
2. Australia (1.0 units)
3. Samoa (1.0 units)
4. Taiwan (Chinese) (1.0 units)
5. Philippines (1.0 units)
6. India (1.0 units)
7. France (1.0 units)
8. Vietnam (1.0 units)
9. Vanuatu (1.0 units)
10. Fiji (1.0 units)

Source: IndexBox Market Intelligence Platform