Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ecuador - 2022
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ecuador (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ecuador (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ecuador
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ecuador
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ecuador (CIF) - 2022
The average import price for turbo-jets, turbo-propellers and other gas turbineses stood at $145 thousand per unit in 2022, reducing by -29.6% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 126% against the previous year. The import price peaked at $483 thousand per unit in 2014; however, from 2015 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 ($234 thousand per unit), while the price for the Netherlands ($436 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+43.4%), 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 Ecuador (FOB) - 2022
The average export price for turbo-jets, turbo-propellers and other gas turbineses stood at $220 thousand per unit in 2022, which is down by -2.6% against the previous year. Overall, the export price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 195% against the previous year. As a result, the export price reached the peak level of $226 thousand per unit, and then dropped in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($247 thousand per unit), while the average price for exports to Panama ($2 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 Germany (+41.4%), 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 Ecuador
In 2022, the amount of turbo-jets, turbo-propellers and other gas turbineses imported into Ecuador rose markedly to 32 units, growing by 10% against the year before. In general, imports, however, saw a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 12%. Over the period under review, imports of reached the maximum at 39 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses contracted dramatically to $4.7M in 2022. Over the period under review, imports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 4.4%. Over the period under review, imports of reached the maximum at $7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5,377 | 1,190 | 2,758 | 2,808 | -19.5% |
| Germany | 61.6 | 52.5 | 87.7 | 188 | 45.1% |
| Canada | 320 | 764 | 899 | 176 | -18.1% |
| China | 68.2 | 139 | 133 | 138 | 26.5% |
| India | 146 | 77.5 | 260 | 118 | -6.9% |
| Colombia | 56.1 | 64.5 | 53.9 | 56.0 | -0.1% |
| France | 43.5 | 0.4 | 1,066 | 26.6 | -15.1% |
| Mexico | 1.5 | 1.1 | N/A | 23.6 | 150.6% |
| Italy | 290 | N/A | N/A | 12.6 | -64.8% |
| Brazil | 3.0 | N/A | 0.6 | 11.2 | 55.1% |
| South Korea | 13.8 | 22.2 | 6.3 | 10.7 | -8.1% |
| Japan | 27.9 | 6.2 | 0.8 | 2.5 | -55.3% |
| Netherlands | N/A | 143 | 17.9 | 0.4 | -94.7% |
| Others | 619 | 3,274 | 706 | 1,082 | 20.5% |
| Total | 7,027 | 5,734 | 5,988 | 4,652 | -12.8% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Ecuador in 2022:
- United States (12.0 units)
- Brazil (1.0 units)
- Canada (1.0 units)
- Netherlands (1.0 units)
- Italy (1.0 units)
- Mexico (1.0 units)
- India (1.0 units)
- France (1.0 units)
- China (1.0 units)
- Colombia (1.0 units)
- Japan (1.0 units)
- South Korea (1.0 units)
- Germany (1.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ecuador
Exports of turbo-jets, turbo-propellers and other gas turbineses from Ecuador surged to 18 units in 2022, rising by 38% compared with 2021 figures. Overall, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 225% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses soared to $4M in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 859% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,912 | 228 | 2,882 | 3,946 | 27.3% |
| Colombia | N/A | N/A | 5.8 | 7.5 | 29.3% |
| Panama | N/A | N/A | N/A | 2.0 | 0% |
| Hong Kong SAR | N/A | 60.5 | N/A | N/A | 0% |
| Switzerland | 46.4 | N/A | 45.1 | N/A | -1.4% |
| Chile | 64.6 | N/A | N/A | N/A | 0% |
| Costa Rica | N/A | 2.5 | N/A | N/A | 0% |
| Denmark | 0.5 | 15.1 | N/A | N/A | 2920.0% |
| Canada | 5.0 | N/A | N/A | N/A | 0% |
| Brazil | N/A | N/A | 1.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,029 | 306 | 2,934 | 3,955 | 24.9% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Ecuador in 2022:
- United States (16.0 units)
- Panama (1.0 units)
- Colombia (1.0 units)
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