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

Contents:

  1. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Kuwait (CIF) - 2022
  2. Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Kuwait

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

In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $527,780 per unit, rising by 5,675% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +67.3% per year.

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

In 2022, after two years of decline, there was significant decline in supplies from abroad of steam and other vapour turbines, for marine propulsia, when their volume decreased by -75% to 1 units. Overall, imports continue to indicate a sharp descent. The smallest decline of -33.3% was in 2020. Imports peaked at 6 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of steam and other vapour turbines, for marine propulsia skyrocketed to $528K in 2022. Over the period under review, imports, however, recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Steam and Other Vapour Turbines, for Marine Propulsion in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A5280%
China0.50.70.6N/A9.5%
United Kingdom0.50.80.8N/A26.5%
France1.23.28.4N/A164.6%
Poland1.1N/AN/AN/A0%
Taiwan (Chinese)0.6N/AN/AN/A0%
United States10.120.626.7N/A62.6%
OthersN/AN/AN/AN/A0%
Total14.025.336.6528235.4%

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

  1. Japan (1.0 units)

Source: IndexBox Market Intelligence Platform

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