Price for Steam and Other Vapour Turbines, for Marine Propulsion in India - 2022

Contents:

1. Price for Steam and Other Vapour Turbines, for Marine Propulsion in India (FOB) - 2022
2. Price for Steam and Other Vapour Turbines, for Marine Propulsion in India (CIF) - 2022
3. Exports of Steam and Other Vapour Turbines, for Marine Propulsion in India
4. Imports of Steam and Other Vapour Turbines, for Marine Propulsion in India

Price for Steam and Other Vapour Turbines, for Marine Propulsion in India (FOB) - 2022

In 2022, the average export price for steam and other vapour turbines, for marine propulsia amounted to $77,014 per unit, growing by 451% against the previous year. Overall, the export price, however, recorded a abrupt decline. The export price peaked at $1,276,680 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($223,678 per unit), while the average price for exports to Nepal ($43 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 Australia (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Steam and Other Vapour Turbines, for Marine Propulsion in India (CIF) - 2022

In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $48,575 per unit, waning by -60.7% against the previous year. Over the period under review, the import price saw a dramatic decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 332%. Over the period under review, average import prices hit record highs at $1,268,767 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 China ($181,272 per unit), while the price for Singapore ($102 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+63.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Steam and Other Vapour Turbines, for Marine Propulsion in India

In 2022, exports of steam and other vapour turbines, for marine propulsia from India dropped remarkably to 5 units, waning by -44.4% on the previous year. Overall, exports continue to indicate a sharp descent. The smallest decline of -10.5% was in 2020. Over the period under review, the exports of hit record highs at 19 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of steam and other vapour turbines, for marine propulsia soared to $385K in 2022. In general, exports saw a significant decrease. Over the period under review, the exports of reached the maximum at $24M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Steam and Other Vapour Turbines, for Marine Propulsion from India in 2022:

1. Philippines (1.0 units)
2. Australia (1.0 units)
3. Nepal (1.0 units)
4. Nigeria (1.0 units)
5. Spain (1.0 units)

Imports of Steam and Other Vapour Turbines, for Marine Propulsion in India

In 2022, overseas purchases of steam and other vapour turbines, for marine propulsia decreased by -20% to 4 units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 100%. As a result, imports attained the peak of 8 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of steam and other vapour turbines, for marine propulsia fell rapidly to $194K in 2022. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 362%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Steam and Other Vapour Turbines, for Marine Propulsion to India in 2022:

1. Japan (1.0 units)
2. China (1.0 units)
3. Italy (1.0 units)
4. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform