Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Vietnam - 2022
Contents:
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Vietnam (CIF) - 2022
- Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Vietnam (FOB) - 2022
- Imports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Vietnam
- Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Vietnam
Price for Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Vietnam (CIF) - 2022
In 2022, the average import price for turbo-jets, turbo-propellers and other gas turbineses amounted to $917 thousand per unit, shrinking by -25.5% against the previous year. Overall, the import price, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 122%. As a result, import price reached the peak level of $1.2 million per unit, and then dropped notably 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 China ($2.6 million per unit), while the price for South Korea ($504 thousand per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+35.3%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for turbo-jets, turbo-propellers and other gas turbineses amounted to $2.3 million per unit, rising by 17% against the previous year. Overall, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 160% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($3.6 million per unit), while the average price for exports to France ($2.4 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 UK (+4,214.1%), 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 Vietnam
In 2022, approx. 1.1K units of turbo-jets, turbo-propellers and other gas turbineses were imported into Vietnam; rising by 383% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of turbo-jets, turbo-propellers and other gas turbineses surged to $1B in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 22.2 | 19.8 | 34.5 | 323 | 144.1% |
| Germany | 0.1 | 2.3 | 6.1 | 171 | 1095.8% |
| China | 42.2 | 87.4 | 182 | 141 | 49.5% |
| Japan | 19.4 | 87.4 | 5.0 | 124 | 85.6% |
| Italy | N/A | 0.5 | 1.9 | 65.9 | 1048.0% |
| France | 6.8 | 0.3 | N/A | 56.3 | 102.3% |
| United Kingdom | 0.3 | 7.4 | 8.8 | 26.8 | 347.0% |
| Switzerland | 0.4 | 14.6 | 23.1 | 5.5 | 139.6% |
| South Korea | 1.2 | 30.4 | 0.1 | 4.0 | 49.4% |
| Others | 6.1 | 28.0 | 20.7 | 95.7 | 150.3% |
| Total | 98.8 | 278 | 282 | 1,014 | 117.3% |
Top Suppliers of Turbo-Jets, Turbo-Propellers and Other Gas Turbines to Vietnam in 2022:
- United States (401.0 units)
- Germany (213.0 units)
- Japan (191.0 units)
- France (91.0 units)
- China (55.0 units)
- United Kingdom (37.0 units)
- Italy (33.0 units)
- South Korea (8.0 units)
- Switzerland (6.0 units)
Exports of Turbo-Jets, Turbo-Propellers and Other Gas Turbines in Vietnam
After two years of decline, overseas shipments of turbo-jets, turbo-propellers and other gas turbineses increased by 123% to 29 units in 2022. In general, exports continue to indicate a relatively flat trend pattern. 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 $66M in 2022. Overall, exports posted a significant increase. 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 Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | 0.1 | 9.0 | 32.7 | 1708.3% |
| Germany | 1.0 | 7.8 | 6.5 | 12.7 | 133.3% |
| United Kingdom | N/A | N/A | 1.2 | 6.8 | 466.7% |
| United States | 10.7 | 2.3 | 5.5 | 6.5 | -15.3% |
| Australia | N/A | 1.3 | 0.2 | 2.8 | 46.8% |
| Russia | N/A | N/A | N/A | 0.6 | 0% |
| Malaysia | N/A | N/A | N/A | 0.3 | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| France | N/A | N/A | N/A | N/A | 0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Japan | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Singapore | 0.1 | 3.0 | 0.4 | N/A | 100.0% |
| Hungary | N/A | N/A | N/A | N/A | 0% |
| Others | 0.8 | 2.7 | 2.2 | 3.2 | 58.7% |
| Total | 12.8 | 17.2 | 25.2 | 65.7 | 72.5% |
Top Export Markets for Turbo-Jets, Turbo-Propellers and Other Gas Turbines from Vietnam in 2022:
- South Korea (9.0 units)
- Germany (4.0 units)
- United Kingdom (3.0 units)
- United States (2.0 units)
- Hungary (1.0 units)
- Australia (1.0 units)
- Singapore (1.0 units)
- Japan (1.0 units)
- India (1.0 units)
- France (1.0 units)
- Malaysia (1.0 units)
- China (1.0 units)
- Russia (1.0 units)
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