Price for Turbines; Steam and Other Vapour Turbines in the United States - 2024
Contents:
- Price for Turbines; Steam and Other Vapour Turbines in the United States (FOB) - 2022
- Price for Turbines; Steam and Other Vapour Turbines in the United States (CIF) - 2022
- Exports of Turbines; Steam and Other Vapour Turbines in the United States
- Imports of Turbines; Steam and Other Vapour Turbines in the United States
Price for Turbines; Steam and Other Vapour Turbines in the United States (FOB) - 2022
In 2022, the average export price for turbines; steam and other vapour turbineses amounted to $475 thousand per unit, reducing by -2.8% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 64%. The export price peaked at $1.6 million per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($6.3 million per unit), while the average price for exports to Bahrain ($103 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 Bangladesh (+58.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Turbines; Steam and Other Vapour Turbines in the United States (CIF) - 2022
The average import price for turbines; steam and other vapour turbineses stood at $484 thousand per unit in 2022, falling by -19.1% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth was the most pronounced in 2017 a decrease of -3.9%. The import price peaked at $3.6 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 Poland ($1.6 million per unit), while the price for Austria ($183 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.7%), while the prices for the other major suppliers experienced a decline.
Exports of Turbines; Steam and Other Vapour Turbines in the United States
Exports of turbines; steam and other vapour turbineses from the United States expanded remarkably to 666 units in 2022, picking up by 9% against the year before. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 32% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of turbines; steam and other vapour turbineses rose sharply to $317M in 2022. Over the period under review, exports, however, showed a noticeable contraction. The exports peaked at $360M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Turbines; Steam and Other Vapour Turbines in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 48.2 | 47.7 | 59.1 | 76.0 | 16.4% |
| Canada | 32.6 | 34.9 | 45.3 | 61.8 | 23.8% |
| Bangladesh | 0.1 | 0.3 | 11.6 | 22.7 | 510.0% |
| Singapore | 4.4 | 7.6 | 7.4 | 13.5 | 45.3% |
| South Korea | 5.8 | 20.6 | 10.0 | 11.1 | 24.2% |
| Saudi Arabia | 9.7 | 22.7 | 11.2 | 10.2 | 1.7% |
| Mexico | 9.6 | 14.1 | 12.1 | 8.1 | -5.5% |
| India | 5.7 | 6.0 | 3.1 | 6.2 | 2.8% |
| China | 13.4 | 7.8 | 12.0 | 6.1 | -23.1% |
| Bahrain | 0.4 | 4.0 | 0.7 | 4.0 | 115.4% |
| Italy | 11.6 | 3.6 | 3.7 | 3.6 | -32.3% |
| Russia | 4.4 | 7.3 | 11.3 | 2.8 | -14.0% |
| Cote d'Ivoire | N/A | 0.3 | 0.9 | 2.5 | 188.7% |
| Others | 214 | 139 | 110 | 87.8 | -25.7% |
| Total | 360 | 316 | 299 | 317 | -4.2% |
Top Export Markets for Turbines; Steam and Other Vapour Turbines from the United States in 2022:
- Canada (196.0 units)
- South Korea (49.0 units)
- Bahrain (39.0 units)
- China (30.0 units)
- Italy (26.0 units)
- Saudi Arabia (24.0 units)
- Russia (24.0 units)
- Singapore (23.0 units)
- Mexico (21.0 units)
- Cote d'Ivoire (20.0 units)
- India (19.0 units)
- Bangladesh (16.0 units)
- United Kingdom (12.0 units)
Imports of Turbines; Steam and Other Vapour Turbines in the United States
For the fourth consecutive year, the United States recorded growth in purchases abroad of turbines; steam and other vapour turbineses, which increased by 36% to 373 units in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 51%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of turbines; steam and other vapour turbineses expanded significantly to $180M in 2022. Over the period under review, imports, however, saw a noticeable downturn. The pace of growth appeared the most rapid in 2020 with an increase of 13%. As a result, imports attained the peak of $230M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Turbines; Steam and Other Vapour Turbines in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 50.4 | 52.9 | 32.2 | 52.7 | 1.5% |
| Poland | 18.9 | 34.9 | 16.0 | 18.6 | -0.5% |
| Italy | 7.0 | 8.0 | 8.3 | 13.0 | 22.9% |
| Israel | 9.5 | 5.9 | 11.1 | 12.6 | 9.9% |
| India | 2.4 | 4.4 | 7.8 | 12.4 | 72.9% |
| Mexico | 20.5 | 23.7 | 9.7 | 7.4 | -28.8% |
| Canada | 5.9 | 7.5 | 19.6 | 6.9 | 5.4% |
| Hungary | 2.4 | 5.6 | 2.0 | 6.6 | 40.1% |
| Czech Republic | 5.3 | 1.1 | 2.4 | 4.0 | -9.0% |
| United Kingdom | 1.8 | 1.1 | 1.1 | 3.5 | 24.8% |
| Sweden | 4.7 | 0.6 | 4.2 | 3.0 | -13.9% |
| Croatia | 9.2 | 4.9 | 3.1 | 2.3 | -37.0% |
| Austria | 1.8 | 1.5 | 0.5 | 1.3 | -10.3% |
| Others | 63.4 | 77.3 | 46.4 | 36.2 | -17.0% |
| Total | 203 | 230 | 164 | 180 | -3.9% |
Top Suppliers of Turbines; Steam and Other Vapour Turbines to the United States in 2022:
- Japan (65.0 units)
- Italy (61.0 units)
- Mexico (38.0 units)
- Canada (32.0 units)
- India (28.0 units)
- Israel (16.0 units)
- Hungary (16.0 units)
- United Kingdom (14.0 units)
- Poland (12.0 units)
- Sweden (12.0 units)
- Czech Republic (11.0 units)
- Croatia (10.0 units)
- Austria (7.0 units)
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This report provides an in-depth analysis of the steam turbine market in the U.S..
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This report provides an in-depth analysis of the global steam turbine market.
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This report provides an in-depth analysis of the steam turbine market in the U.S..
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This report provides an in-depth analysis of the global steam turbine market.
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The exports of Steam Turbine reached a staggering value of $597K in May 2023.
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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...
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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...
1226
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...
417
The exports of Steam Turbine reached a staggering value of $597K in May 2023.
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...
1086
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...
1226
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...
