Price for Turbines; Steam and Other Vapour Turbines in the Czech Republic - 2024

Contents:

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

Price for Turbines; Steam and Other Vapour Turbines in the Czech Republic (FOB) - 2022

The average export price for turbines; steam and other vapour turbineses stood at $651 thousand per unit in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2021 an increase of 25%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1.7 million per unit), while the average price for exports to Poland ($328 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 Thailand (+47.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Turbines; Steam and Other Vapour Turbines in the Czech Republic (CIF) - 2022

In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $340 thousand per unit, growing by 22% against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $566 thousand per unit. From 2015 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 Hungary ($1,000 thousand per unit), while the price for India ($126 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Turbines; Steam and Other Vapour Turbines in the Czech Republic

In 2022, the amount of turbines; steam and other vapour turbineses exported from the Czech Republic fell sharply to 233 units, reducing by -24.1% compared with the year before. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports of hit record highs at 432 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 declined significantly to $152M in 2022. Over the period under review, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. The exports peaked at $214M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Turbines; Steam and Other Vapour Turbines in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany20.425.337.728.111.3%
Turkey9.94.013.421.028.5%
Thailand11.90.216.516.110.6%
United Kingdom0.44.415.013.2220.8%
United Arab EmiratesN/AN/AN/A9.90%
Israel0.42.41.76.6154.6%
Poland13.80.519.46.2-23.4%
China2.310.56.26.239.2%
Russia6.93.017.46.0-4.6%
France1.56.11.65.352.3%
Finland0.10.80.25.0268.4%
BulgariaN/A3.2N/A5.025.0%
South Korea8.39.37.33.6-24.3%
Others13865.563.319.5-47.9%
Total214135200152-10.8%

Top Export Markets for Turbines; Steam and Other Vapour Turbines from the Czech Republic in 2022:

  1. Germany (43.0 units)
  2. Turkey (31.0 units)
  3. Thailand (30.0 units)
  4. Poland (19.0 units)
  5. United Kingdom (13.0 units)
  6. China (9.0 units)
  7. France (8.0 units)
  8. Israel (7.0 units)
  9. United Arab Emirates (6.0 units)
  10. Russia (6.0 units)
  11. Bulgaria (6.0 units)
  12. Finland (4.0 units)
  13. South Korea (4.0 units)

Imports of Turbines; Steam and Other Vapour Turbines in the Czech Republic

In 2022, overseas purchases of turbines; steam and other vapour turbineses increased by 41% to 120 units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; steam and other vapour turbineses skyrocketed to $41M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Turbines; Steam and Other Vapour Turbines in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.812.48.322.636.9%
India5.32.43.13.5-12.9%
China1.25.41.22.527.7%
Italy4.41.31.21.3-33.4%
Slovakia1.40.61.01.2-5.0%
Hungary1.21.00.21.0-5.9%
Romania1.80.1N/AN/A-94.4%
Others3.93.38.68.630.2%
Total27.926.523.640.813.5%

Top Suppliers of Turbines; Steam and Other Vapour Turbines to the Czech Republic in 2022:

  1. Germany (51.0 units)
  2. India (28.0 units)
  3. China (16.0 units)
  4. Italy (5.0 units)
  5. Slovakia (2.0 units)
  6. Hungary (1.0 units)

Source: IndexBox Market Intelligence Platform

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