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

Contents:

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

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

In 2022, the average import price for turbines; steam and other vapour turbineses amounted to $645 thousand per unit, growing by 96% against the previous year. Overall, the import price enjoyed a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($964 thousand per unit), while the price for Russia ($281 thousand per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for turbines; steam and other vapour turbineses amounted to $143 thousand per unit, waning by -24.4% against the previous year. Overall, the export price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 1,510% against the previous year. As a result, the export price reached the peak level of $189 thousand per unit, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uzbekistan ($408 thousand per unit), while the average price for exports to the United States ($318 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 Iran (+37.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Turbines; Steam and Other Vapour Turbines in Turkey

After three years of growth, supplies from abroad of turbines; steam and other vapour turbineses decreased by -51.6% to 413 units in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 243%. Over the period under review, imports of hit record highs at 854 units in 2021, and then contracted dramatically in the following year.

In value terms, imports of turbines; steam and other vapour turbineses declined to $266M in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 180%. Over the period under review, imports of attained the maximum at $281M in 2021, and then contracted in the following year.

Import of Turbines; Steam and Other Vapour Turbines in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.10.176.91691091.1%
South Korea1.3N/AN/A31.5189.4%
China2.478.115415.385.4%
Germany2.312.217.213.680.8%
Czech Republic0.82.88.311.5143.1%
UkraineN/AN/A0.28.24000.0%
India6.716.55.16.0-3.6%
Poland15.414.03.83.4-39.6%
RussiaN/AN/AN/A2.50%
Others17.05.115.55.5-31.4%
Total46.112928126679.4%

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

  1. France (175.0 units)
  2. South Korea (99.0 units)
  3. China (42.0 units)
  4. India (19.0 units)
  5. Czech Republic (17.0 units)
  6. Germany (15.0 units)
  7. Ukraine (14.0 units)
  8. Poland (9.0 units)
  9. Russia (9.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Turkey

In 2022, the amount of turbines; steam and other vapour turbineses exported from Turkey surged to 81 units, rising by 47% on the year before. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 129%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of turbines; steam and other vapour turbineses totaled $12M in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 3,590% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Turbines; Steam and Other Vapour Turbines in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan2.20.49,6334,8961205.6%
Iran3.41.258.43,302890.3%
United KingdomN/AN/A0.22,6581328900.0%
Italy66.21379.581.37.1%
Serbia0.61.21.822.2233.2%
Algeria2.3N/A2.48.856.4%
Germany17.723.82.27.6-24.6%
Iraq4.91.41.66.38.7%
Georgia1.20.1N/A5.060.9%
AzerbaijanN/A2.94.33.814.5%
Bosnia and Herzegovina2.51.61.31.3-19.6%
United StatesN/AN/A4460.3-99.9%
TanzaniaN/A9.40.10.1-89.7%
Others43110424759211.2%
Total53228210,40711,586179.3%

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

  1. Iran (17.0 units)
  2. United Kingdom (15.0 units)
  3. Uzbekistan (12.0 units)
  4. United States (1.0 units)
  5. Georgia (1.0 units)
  6. Italy (1.0 units)
  7. Algeria (1.0 units)
  8. Tanzania (1.0 units)
  9. Serbia (1.0 units)
  10. Azerbaijan (1.0 units)
  11. Germany (1.0 units)
  12. Bosnia and Herzegovina (1.0 units)
  13. Iraq (1.0 units)

Source: IndexBox Market Intelligence Platform

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