Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark (CIF) - 2022
The average import price for turbo-jets, turbo-propellers and other gas turbineses stood at $594 thousand per unit in 2022, increasing by 39% against the previous year. Overall, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for turbo-jets, turbo-propellers and other gas turbineses increased by +84.8% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 50%. As a result, import price attained the peak level of $617 thousand per unit. From 2020 to 2022, the average 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 Germany ($1.8 million per unit), while the price for Argentina ($137 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+100.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark (FOB) - 2022
The average export price for turbo-jets, turbo-propellers and other gas turbineses stood at $364 thousand per unit in 2022, picking up by 23% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for turbo-jets, turbo-propellers and other gas turbineses increased by +92.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 56%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($1.1 million per unit), while the average price for exports to the United Arab Emirates ($140 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 Poland (+148.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark
Imports of turbo-jets, turbo-propellers and other gas turbineses into Denmark dropped dramatically to 199 units in 2022, reducing by -16% against the previous year's figure. Over the period under review, imports, however, continue to indicate noticeable growth. The pace of growth was the most pronounced in 2021 with an increase of 234%. As a result, imports reached the peak of 237 units, and then declined notably in the following year.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses surged to $118M in 2022. Overall, imports, however, posted a moderate expansion. The pace of growth was the most pronounced in 2021 with an increase of 343% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 46.3 | 4.8 | 20.5 | 67.5 | 13.4% |
| Canada | 2.7 | 5.4 | 2.3 | 26.3 | 113.6% |
| Germany | 2.7 | 1.9 | 2.1 | 5.5 | 26.8% |
| France | 4.2 | 1.7 | 2.9 | 5.0 | 6.0% |
| Netherlands | 0.3 | N/A | 0.1 | 3.7 | 131.0% |
| United Kingdom | 6.3 | 4.5 | 57.5 | 2.6 | -25.5% |
| Indonesia | N/A | N/A | N/A | 1.1 | 0% |
| Switzerland | 1.5 | 0.9 | 0.8 | 1.0 | -12.6% |
| Italy | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Belgium | N/A | N/A | N/A | 0.6 | 0% |
| Argentina | N/A | N/A | N/A | 0.4 | 0% |
| Singapore | 22.1 | 0.1 | N/A | 0.2 | -79.2% |
| Hong Kong SAR | 20.9 | N/A | N/A | N/A | 0% |
| Others | 3.2 | 3.1 | 14.8 | 3.9 | 6.8% |
| Total | 110 | 22.8 | 101 | 118 | 2.4% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Denmark in 2022:
- United States (100.0 units)
- Netherlands (20.0 units)
- Canada (18.0 units)
- United Kingdom (8.0 units)
- France (6.0 units)
- Switzerland (4.0 units)
- Italy (3.0 units)
- Indonesia (3.0 units)
- Germany (3.0 units)
- Belgium (3.0 units)
- Argentina (3.0 units)
- Singapore (1.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark
After two years of decline, overseas shipments of turbo-jets, turbo-propellers and other gas turbineses increased by 11% to 185 units in 2022. The total export volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses soared to $67M in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 54% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 5.0 | 3.5 | 15.1 | 16.4 | 48.6% |
| United States | 10.3 | 5.9 | 9.3 | 15.4 | 14.3% |
| United Kingdom | 3.0 | 3.5 | 6.6 | 7.4 | 35.1% |
| Germany | 0.7 | 2.4 | 0.8 | 4.5 | 85.9% |
| Singapore | 2.5 | 0.2 | 0.3 | 3.2 | 8.6% |
| France | 1.2 | 0.2 | 0.6 | 2.7 | 31.0% |
| Qatar | 0.5 | 0.2 | 0.9 | 2.5 | 71.0% |
| Spain | 0.1 | 0.3 | 0.2 | 2.1 | 175.9% |
| Netherlands | 0.9 | 0.1 | 0.6 | 1.7 | 23.6% |
| China | 0.9 | 1.1 | 1.0 | 1.4 | 15.9% |
| Poland | 0.5 | N/A | 0.3 | 1.2 | 33.9% |
| Canada | 1.4 | 3.6 | 0.3 | 0.9 | -13.7% |
| United Arab Emirates | 0.4 | 0.5 | 1.5 | 0.8 | 26.0% |
| Others | 8.9 | 10.5 | 11.9 | 7.0 | -7.7% |
| Total | 36.4 | 32.0 | 49.5 | 67.4 | 22.8% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Denmark in 2022:
- United States (15.0 units)
- United Kingdom (15.0 units)
- Norway (15.0 units)
- Germany (12.0 units)
- France (8.0 units)
- Spain (8.0 units)
- Qatar (7.0 units)
- Netherlands (6.0 units)
- United Arab Emirates (6.0 units)
- Singapore (5.0 units)
- China (5.0 units)
- Canada (4.0 units)
- Poland (3.0 units)
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