Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Venezuela - 2022
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Venezuela (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Venezuela (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Venezuela
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Venezuela
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Venezuela (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $599 thousand per unit, with a decrease of -45.6% against the previous year. In general, the import price, however, saw resilient growth. The pace of growth was the most pronounced in 2018 an increase of 101% against the previous year. The import price peaked at $1.1 million per unit in 2021, and then reduced rapidly in the following year.
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 ($805 thousand per unit), while the price for Turkey ($880 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Venezuela (FOB) - 2022
In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $230 thousand per unit, surging by 3.3% against the previous year. Over the period under review, the export price enjoyed a resilient increase. The growth pace was the most rapid in 2021 an increase of 713% against the previous year. The export price peaked at $391 thousand per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($455 thousand per unit), while the average price for exports to the UK ($3.4 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 Czech Republic (+156.9%), 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 Venezuela
For the third year in a row, Venezuela recorded decline in overseas purchases of turbo-jets, turbo-propellers and other gas turbineses, which decreased by -6.2% to 15 units in 2022. Over the period under review, imports showed a dramatic contraction. Over the period under review, imports of reached the peak figure at 43 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 shrank significantly to $9M in 2022. Overall, imports showed a dramatic downturn. The smallest decline of -28.6% was in 2020. Over the period under review, imports of attained the maximum at $35M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Venezuela (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 32.7 | 17.5 | 17.6 | 8.9 | -35.2% |
| Canada | N/A | 4.8 | N/A | 0.1 | -85.6% |
| Germany | N/A | N/A | N/A | N/A | 0% |
| Czech Republic | 0.7 | 1.9 | N/A | N/A | 171.4% |
| Italy | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Netherlands | 0.1 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | 0.8 | 0.4 | N/A | N/A | -50.0% |
| Total | 34.5 | 24.7 | 17.6 | 9.0 | -36.1% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Venezuela in 2022:
- United States (11.0 units)
- Turkey (1.0 units)
- Italy (1.0 units)
- Germany (1.0 units)
- Canada (1.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Venezuela
Exports of turbo-jets, turbo-propellers and other gas turbineses from Venezuela surged to 4 units in 2022, rising by 300% on 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports reached 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 $919K in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 88.1 | N/A | 455 | 127.3% |
| France | N/A | N/A | N/A | 453 | 0% |
| Singapore | N/A | N/A | N/A | 8.1 | 0% |
| United Kingdom | N/A | 14.1 | N/A | 3.4 | -50.9% |
| Denmark | N/A | N/A | 222 | N/A | 0% |
| Spain | N/A | 1.4 | N/A | N/A | 0% |
| United Arab Emirates | N/A | 5.7 | N/A | N/A | 0% |
| Czech Republic | 53.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 53.8 | 109 | 222 | 919 | 157.5% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Venezuela in 2022:
- United States (1.0 units)
- United Kingdom (1.0 units)
- France (1.0 units)
- Singapore (1.0 units)
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