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

Contents:

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

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

The average import price for steam and other vapour turbines, for marine propulsia stood at $4,624 per unit in 2022, with a decrease of -43.2% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 1,198% against the previous year. Over the period under review, average import prices attained the peak figure at $159,866 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($8,347 per unit), while the price for Italy ($1,992 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.8%), while the prices for the other major suppliers experienced a decline.

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

The average export price for steam and other vapour turbines, for marine propulsia stood at $33,289 per unit in 2022, shrinking by -50% against the previous year. Over the period under review, the export price, however, saw a significant increase. The growth pace was the most rapid in 2013 when the average export price increased by 6,437%. As a result, the export price reached the peak level of $105,815 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($124,065 per unit), while the average price for exports to Thailand ($1 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 Singapore (+105.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of steam and other vapour turbines, for marine propulsia decreased by -54.5% to 5 units, falling for the second year in a row after two years of growth. In general, imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, imports reached the peak of 193 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of steam and other vapour turbines, for marine propulsia shrank notably to $23K in 2022. Overall, imports continue to indicate a dramatic contraction. The smallest decline of -2.6% was in 2020. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. Italy (1.0 units)
2. Japan (1.0 units)
3. South Korea (1.0 units)
4. China (1.0 units)
5. Germany (1.0 units)

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

In 2022, shipments abroad of steam and other vapour turbines, for marine propulsia decreased by 0% to 7 units for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a resilient expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of steam and other vapour turbines, for marine propulsia dropped rapidly to $233K in 2022. Over the period under review, exports enjoyed significant growth. The exports peaked at $466K in 2021, and then declined dramatically in the following year.

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

1. Singapore (2.0 units)
2. Indonesia (1.0 units)
3. Papua New Guinea (1.0 units)
4. United Kingdom (1.0 units)
5. Thailand (1.0 units)
6. Cote d'Ivoire (1.0 units)

Source: IndexBox Market Intelligence Platform