Price for Turbines; Steam and Other Vapour Turbines in Venezuela - 2022

Contents:

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

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

The average import price for turbines; steam and other vapour turbineses stood at $35 thousand per unit in 2022, declining by -26.9% against the previous year. Over the period under review, the import price faced a precipitous descent. The growth pace was the most rapid in 2018 when the average import price increased by 75% against the previous year. The import price peaked at $1.7 million per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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 ($189 thousand per unit), while the price for the UK ($557 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+59.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for turbines; steam and other vapour turbineses stood at $25 thousand per unit in 2022, surging by 13% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2015 an increase of 235%. Over the period under review, the average export prices reached the maximum at $67 thousand per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($50 thousand per unit), while the average price for exports to Spain totaled $212 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-9.1%).

Imports of Turbines; Steam and Other Vapour Turbines in Venezuela

In 2022, purchases abroad of turbines; steam and other vapour turbineses decreased by -8.3% to 11 units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 9.1%. As a result, imports attained the peak of 12 units, and then declined in the following year.

In value terms, imports of turbines; steam and other vapour turbineses declined markedly to $383K in 2022. Overall, imports recorded a precipitous setback. The smallest decline of -19.9% was in 2021. Over the period under review, imports of hit record highs at $2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Turbines; Steam and Other Vapour Turbines in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,045408331189-43.4%
Italy1871209.853.4-34.1%
Japan56140.944.533.9-60.8%
Germany69.236.543.231.0-23.5%
China75.237.238.127.5-28.5%
Spain24.013.126.126.12.8%
Netherlands56.426.525.817.7-32.0%
Brazil16.827.747.72.0-50.8%
Panama2.71.61.91.6-16.0%
France3.91.61.40.8-41.0%
United Kingdom2.51.00.90.6-37.9%
OthersN/AN/A2.5N/A0%
Total2,044715572383-42.8%

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

  1. Brazil (1.0 units)
  2. United States (1.0 units)
  3. Netherlands (1.0 units)
  4. Italy (1.0 units)
  5. Panama (1.0 units)
  6. France (1.0 units)
  7. United Kingdom (1.0 units)
  8. China (1.0 units)
  9. Japan (1.0 units)
  10. Germany (1.0 units)
  11. Spain (1.0 units)

Exports of Turbines; Steam and Other Vapour Turbines in Venezuela

In 2022, the amount of turbines; steam and other vapour turbineses exported from Venezuela stood at 2 units, therefore, remained relatively stable against the year before. Overall, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of turbines; steam and other vapour turbineses rose significantly to $51K in 2022. In general, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 16%. The exports peaked at $77K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Turbines; Steam and Other Vapour Turbines in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy77.138.644.550.5-13.2%
Spain0.20.10.10.20.0%
OthersN/AN/AN/AN/A0%
Total77.338.744.750.7-13.1%

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

  1. Italy (1.0 units)
  2. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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