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

Contents:

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

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

The average export price for turbines; steam and other vapour turbineses stood at $318 thousand per unit in 2022, growing by 33% against the previous year. In general, the export price enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 82%. As a result, the export price attained the peak level of $452 thousand per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($1.5 million per unit), while the average price for exports to Turkey ($2.5 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 the Netherlands (+68.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for turbines; steam and other vapour turbineses stood at $595 thousand per unit in 2022, rising by 5% against the previous year. In general, the import price, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 69% against the previous year. As a result, import price attained the peak level of $1.7 million per unit. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($2.3 million per unit), while the price for Denmark ($760 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+43,810.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Turbines; Steam and Other Vapour Turbines in Spain

In 2022, approx. 83 units of turbines; steam and other vapour turbineses were exported from Spain; picking up by 28% compared with the previous year. The total export volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; steam and other vapour turbineses soared to $26M in 2022. Overall, exports enjoyed a perceptible expansion. 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/AN/A10.30%
Germany0.91.61.24.165.8%
Netherlands1.30.91.21.1-5.4%
AngolaN/AN/A2.11.1-47.6%
United Arab EmiratesN/A0.71.30.6-7.4%
Others21.56.29.89.3-24.4%
Total23.89.615.626.43.5%

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

  1. Germany (10.0 units)
  2. Denmark (7.0 units)
  3. Angola (2.0 units)
  4. Netherlands (1.0 units)
  5. United Arab Emirates (1.0 units)

Imports of Turbines; Steam and Other Vapour Turbines in Spain

Imports of turbines; steam and other vapour turbineses into Spain fell to 38 units in 2022, waning by -13.6% compared with 2021. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked at 55 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 declined to $23M in 2022. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 4.1% against the previous year. Imports peaked at $37M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Steam and Other Vapour Turbines in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden4.63.46.311.334.9%
Germany2.92.62.52.7-2.4%
Italy1.50.21.31.2-7.2%
Austria0.40.40.70.40.0%
France3.10.30.50.4-49.5%
Finland4.00.4N/A0.1-70.8%
Japan3.16.95.2N/A29.5%
ChileN/AN/AN/AN/A0%
ChinaN/AN/A0.6N/A0%
IndiaN/AN/A1.1N/A0%
VenezuelaN/AN/AN/AN/A0%
DenmarkN/AN/AN/AN/A0%
Czech Republic6.0N/AN/AN/A0%
Others11.19.76.86.4-16.8%
Total36.923.924.922.6-15.1%

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

  1. Sweden (5.0 units)
  2. Italy (4.0 units)
  3. Austria (3.0 units)
  4. Germany (2.0 units)
  5. Czech Republic (1.0 units)
  6. Denmark (1.0 units)
  7. Venezuela (1.0 units)
  8. Finland (1.0 units)
  9. India (1.0 units)
  10. France (1.0 units)
  11. China (1.0 units)
  12. Chile (1.0 units)
  13. Japan (1.0 units)

Source: IndexBox Market Intelligence Platform

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