Price for Turbines; Steam and Other Vapour Turbines in the UK - 2024
Contents:
- Price for Turbines; Steam and Other Vapour Turbines in the UK (CIF) - 2022
- Price for Turbines; Steam and Other Vapour Turbines in the UK (FOB) - 2022
- Imports of Turbines; Steam and Other Vapour Turbines in the UK
- Exports of Turbines; Steam and Other Vapour Turbines in the UK
Price for Turbines; Steam and Other Vapour Turbines in the UK (CIF) - 2022
In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $1.4 million per unit, increasing by 21% against the previous year. In general, the import price posted a resilient expansion. The pace of growth was the most pronounced in 2019 an increase of 72%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
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 ($8.4 million per unit), while the price for Canada ($8.5 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 (+24.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbines; Steam and Other Vapour Turbines in the UK (FOB) - 2022
The average export price for turbines; steam and other vapour turbineses stood at $914 thousand per unit in 2022, jumping by 79% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $1.2 million per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
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 Saudi Arabia ($10 million per unit), while the average price for exports to South Korea ($112 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 South Africa (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Turbines; Steam and Other Vapour Turbines in the UK
In 2022, approx. 114 units of turbines; steam and other vapour turbineses were imported into the UK; picking up by 24% against 2021. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.6% against 2019 indices. 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 soared to $163M in 2022. Overall, imports enjoyed a significant expansion. 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 UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 51.6 | 49.3 | 61.4 | 75.3 | 13.4% |
| France | 0.4 | 0.7 | 1.1 | 37.3 | 353.5% |
| Germany | 9.2 | 12.8 | 22.5 | 15.0 | 17.7% |
| Czech Republic | 0.2 | 2.0 | 8.3 | 14.3 | 315.1% |
| Netherlands | 1.2 | N/A | 0.1 | 6.6 | 76.5% |
| Italy | 2.7 | 6.0 | 3.9 | 2.9 | 2.4% |
| Poland | 7.7 | 2.7 | 2.8 | 1.9 | -37.3% |
| China | 3.2 | 1.7 | 3.2 | 1.8 | -17.5% |
| India | 1.0 | 8.1 | 2.2 | 0.9 | -3.5% |
| Others | 10.3 | 13.9 | 3.1 | 7.0 | -12.1% |
| Total | 87.4 | 97.0 | 109 | 163 | 23.1% |
Top Suppliers of Turbines; Steam and Other Vapour Turbines to the UK in 2022:
- France (31.0 units)
- Germany (17.0 units)
- Czech Republic (13.0 units)
- United States (9.0 units)
- Netherlands (5.0 units)
- India (3.0 units)
- China (3.0 units)
- Italy (2.0 units)
- Poland (1.0 units)
Exports of Turbines; Steam and Other Vapour Turbines in the UK
In 2022, overseas shipments of turbines; steam and other vapour turbineses decreased by -4% to 145 units, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 24%. As a result, the exports attained the peak of 169 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of turbines; steam and other vapour turbineses soared to $133M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 14.3 | 9.3 | 7.2 | 29.9 | 27.9% |
| Canada | 2.2 | 3.4 | 4.9 | 8.3 | 55.7% |
| United States | 2.0 | 10.4 | 5.8 | 5.6 | 40.9% |
| Hong Kong SAR | 2.8 | 6.8 | 3.1 | 5.3 | 23.7% |
| France | 2.7 | 0.4 | 0.9 | 5.1 | 23.6% |
| South Africa | 11.5 | 0.7 | 6.9 | 4.6 | -26.3% |
| United Arab Emirates | 2.0 | 4.8 | 5.7 | 3.9 | 24.9% |
| India | 1.8 | 4.4 | 0.3 | 3.4 | 23.6% |
| Norway | 0.1 | N/A | 0.1 | 3.4 | 224.0% |
| Singapore | 1.0 | 10.0 | 0.7 | 1.4 | 11.9% |
| China | 4.5 | 2.0 | 0.9 | 1.4 | -32.2% |
| Pakistan | 3.2 | 1.1 | 1.2 | 1.0 | -32.1% |
| Oman | 0.6 | 3.1 | 2.1 | 0.8 | 10.1% |
| Others | 36.2 | 26.9 | 37.4 | 58.3 | 17.2% |
| Total | 85.0 | 83.3 | 77.1 | 133 | 16.1% |
Top Export Markets for Turbines; Steam and Other Vapour Turbines from the UK in 2022:
- United Arab Emirates (21.0 units)
- United States (14.0 units)
- Norway (11.0 units)
- Canada (4.0 units)
- China (4.0 units)
- Saudi Arabia (3.0 units)
- France (3.0 units)
- Hong Kong SAR (3.0 units)
- Pakistan (2.0 units)
- Singapore (2.0 units)
- South Africa (2.0 units)
- Oman (1.0 units)
- India (1.0 units)
447
This report provides an in-depth analysis of the steam turbine market in the UK.
1629
This report provides an in-depth analysis of the global steam turbine market.
447
This report provides an in-depth analysis of the steam turbine market in the UK.
1629
This report provides an in-depth analysis of the global steam turbine market.
794
In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
1084
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
1225
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
1147
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
794
In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
1084
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
1225
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
1147
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
