Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Norway - 2024
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Norway (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Norway (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Norway
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Norway
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Norway (CIF) - 2022
The average import price for turbo-jets, turbo-propellers and other gas turbineses stood at $971 thousand per unit in 2022, rising by 130% against the previous year. Over the period under review, the import price saw resilient growth. As a result, import price reached 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 the UK ($1.8 million per unit), while the price for Japan ($130 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+23.4%), 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 Norway (FOB) - 2022
The average export price for turbo-jets, turbo-propellers and other gas turbineses stood at $1.6 million per unit in 2022, jumping by 78% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($5.9 million per unit), while the average price for exports to Belgium ($198 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 the Netherlands (+29.8%), 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 Norway
In 2022, approx. 537 units of turbo-jets, turbo-propellers and other gas turbineses were imported into Norway; falling by -63.7% against the year before. Overall, imports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 67%. As a result, imports attained the peak of 1.5K units, and then dropped rapidly in the following year.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses shrank rapidly to $521M in 2022. Over the period under review, imports recorded a abrupt downturn. The smallest decline of -4.6% was in 2021. Over the period under review, imports of attained the maximum at $785M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 347 | 197 | 248 | 293 | -5.5% |
| France | 158 | 79.9 | 87.2 | 58.5 | -28.2% |
| United Kingdom | 84.4 | 190 | 53.3 | 57.3 | -12.1% |
| Canada | 49.9 | 19.9 | 34.8 | 38.4 | -8.4% |
| Ireland | N/A | 0.8 | N/A | 17.1 | 362.3% |
| Germany | 31.1 | 90.9 | 15.2 | 15.2 | -21.2% |
| Italy | 14.0 | 13.8 | 61.7 | 10.1 | -10.3% |
| Netherlands | 1.4 | 1.2 | 6.4 | 7.6 | 75.7% |
| Mexico | 16.7 | 5.1 | 0.9 | 4.9 | -33.6% |
| Denmark | 1.2 | 0.6 | 0.7 | 4.0 | 49.4% |
| Singapore | 25.1 | 34.4 | 88.3 | 3.1 | -50.2% |
| Sweden | 45.2 | 13.5 | 9.3 | 2.4 | -62.4% |
| Austria | 0.7 | 0.6 | 0.3 | 2.4 | 50.8% |
| Others | 10.5 | 5.3 | 17.3 | 6.9 | -13.1% |
| Total | 785 | 653 | 623 | 521 | -12.8% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Norway in 2022:
- United States (221.0 units)
- Italy (44.0 units)
- France (44.0 units)
- United Kingdom (31.0 units)
- Germany (29.0 units)
- Ireland (29.0 units)
- Mexico (25.0 units)
- Canada (21.0 units)
- Austria (17.0 units)
- Netherlands (13.0 units)
- Sweden (12.0 units)
- Denmark (11.0 units)
- Singapore (1.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Norway
In 2022, exports of turbo-jets, turbo-propellers and other gas turbineses from Norway reduced sharply to 263 units, with a decrease of -53.1% against the previous year's figure. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 41%. As a result, the exports reached the peak of 561 units, and then fell dramatically in the following year.
In value terms, exports of turbo-jets, turbo-propellers and other gas turbineses fell dramatically to $415M in 2022. In general, exports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, the exports reached the peak of $496M, and then shrank significantly in the following year.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 106 | 46.2 | 47.4 | 138 | 9.2% |
| France | 74.9 | 39.3 | 33.9 | 58.6 | -7.9% |
| United Kingdom | 34.7 | 54.0 | 160 | 57.2 | 18.1% |
| Italy | 6.1 | 5.6 | 10.8 | 43.7 | 92.8% |
| Germany | 35.2 | 39.9 | 29.0 | 32.4 | -2.7% |
| Sweden | 81.8 | 31.5 | 11.1 | 29.8 | -28.6% |
| Japan | 44.5 | 38.2 | 17.7 | 18.3 | -25.6% |
| Netherlands | 24.0 | 12.9 | 50.0 | 8.8 | -28.4% |
| Singapore | 0.1 | 42.0 | 1.8 | 8.0 | 330.9% |
| Turkey | 0.1 | N/A | N/A | 1.8 | 162.1% |
| Denmark | 27.8 | 2.4 | 31.6 | 0.9 | -68.1% |
| Belgium | 7.3 | 0.5 | 50.3 | 0.8 | -52.1% |
| Poland | 0.1 | 8.5 | 4.3 | 0.1 | 0.0% |
| Others | 29.7 | 28.0 | 48.4 | 16.6 | -17.6% |
| Total | 472 | 349 | 496 | 415 | -4.2% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Norway in 2022:
- United States (79.0 units)
- Italy (53.0 units)
- Sweden (27.0 units)
- Germany (18.0 units)
- United Kingdom (17.0 units)
- France (10.0 units)
- Japan (8.0 units)
- Turkey (4.0 units)
- Belgium (4.0 units)
- Netherlands (3.0 units)
- Singapore (3.0 units)
- Denmark (2.0 units)
- Poland (2.0 units)
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