Price for Steam and Other Vapour Turbines, for Marine Propulsion in South Korea - 2022
Contents:
- Price for Steam and Other Vapour Turbines, for Marine Propulsion in South Korea (CIF) - 2022
- Price for Steam and Other Vapour Turbines, for Marine Propulsion in South Korea (FOB) - 2022
- Imports of Steam and Other Vapour Turbines, for Marine Propulsion in South Korea
- Exports of Steam and Other Vapour Turbines, for Marine Propulsion in South Korea
Price for Steam and Other Vapour Turbines, for Marine Propulsion in South Korea (CIF) - 2022
The average import price for steam and other vapour turbines, for marine propulsia stood at $420 per unit in 2022, waning by -99.7% against the previous year. In general, the import price faced a significant curtailment. The pace of growth appeared the most rapid in 2013 when the average import price increased by 359%. The import price peaked at $355,543 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 India amounted to +13.9% per year.
Price for Steam and Other Vapour Turbines, for Marine Propulsion in South Korea (FOB) - 2022
The average export price for steam and other vapour turbines, for marine propulsia stood at $3,637 per unit in 2022, with an increase of 1.8% against the previous year. In general, the export price, however, continues to indicate a sharp shrinkage. The growth pace was the most rapid in 2014 when the average export price increased by 173% against the previous year. The export price peaked at $499,406 per unit in 2015; however, from 2016 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 China ($29,841 per unit), while the average price for exports to the United States ($2 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 United Arab Emirates (+2.4%), while the prices for the other major destinations experienced a decline.
Imports of Steam and Other Vapour Turbines, for Marine Propulsion in South Korea
In 2022, purchases abroad of steam and other vapour turbines, for marine propulsia decreased by -88.9% to 1 units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 9.1% against the previous year. As a result, imports attained the peak of 12 units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of steam and other vapour turbines, for marine propulsia fell dramatically to $420 in 2022. In general, imports recorded a sharp slump. The smallest decline of -20% was in 2020. Imports peaked at $1.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Steam and Other Vapour Turbines, for Marine Propulsion in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,787 | 1,411 | 1,133 | 0.4 | -93.9% |
| Spain | 1.8 | 1.4 | 1.2 | N/A | -18.4% |
| Germany | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
| Sweden | N/A | 0.1 | N/A | N/A | 0% |
| United Kingdom | 1.0 | 1.4 | 0.4 | N/A | -36.8% |
| India | 126 | 106 | 90.8 | N/A | -15.1% |
| Lithuania | 0.9 | N/A | N/A | N/A | 0% |
| Singapore | 7.3 | 6.5 | 5.8 | N/A | -10.9% |
| Netherlands | 1.5 | 14.5 | 2.0 | N/A | 15.5% |
| United States | 1.2 | 0.8 | 0.5 | N/A | -35.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,927 | 1,542 | 1,233 | 0.4 | -94.1% |
Top Suppliers of Steam and Other Vapour Turbines, for Marine Propulsion to South Korea in 2022:
- Japan (1.0 units)
Exports of Steam and Other Vapour Turbines, for Marine Propulsion in South Korea
In 2022, approx. 12 units of steam and other vapour turbines, for marine propulsia were exported from South Korea; remaining stable against the year before. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 9.1% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of steam and other vapour turbines, for marine propulsia reached $44K in 2022. Overall, exports recorded a mild reduction. The exports peaked at $46K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Steam and Other Vapour Turbines, for Marine Propulsion in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.6 | 22.3 | 29.2 | 29.8 | -0.9% |
| Qatar | 5.8 | 4.6 | 6.6 | 7.4 | 8.5% |
| Japan | 3.5 | 2.2 | 2.5 | 2.3 | -13.1% |
| Singapore | 2.4 | 0.2 | 1.6 | 1.5 | -14.5% |
| Vietnam | 2.5 | 1.3 | 1.0 | 1.5 | -15.7% |
| Indonesia | 0.8 | 0.5 | 0.7 | 0.7 | -4.4% |
| Malaysia | N/A | N/A | 0.7 | 0.2 | -71.4% |
| United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Ecuador | N/A | 0.7 | 0.4 | N/A | -42.9% |
| Ireland | N/A | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Ghana | N/A | N/A | N/A | N/A | 0% |
| Others | 0.3 | 12.5 | N/A | N/A | 4066.7% |
| Total | 46.1 | 44.4 | 42.9 | 43.6 | -1.8% |
Top Export Markets for Steam and Other Vapour Turbines, for Marine Propulsion from South Korea in 2022:
- Ghana (1.0 units)
- United States (1.0 units)
- Qatar (1.0 units)
- Singapore (1.0 units)
- Indonesia (1.0 units)
- United Kingdom (1.0 units)
- Malaysia (1.0 units)
- Vietnam (1.0 units)
- China (1.0 units)
- Ireland (1.0 units)
- Thailand (1.0 units)
- Japan (1.0 units)
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This report provides an in-depth analysis of the steam turbine market in Republic of Korea.
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This report provides an in-depth analysis of the steam turbine market in Republic of Korea.
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This report provides an in-depth analysis of the global steam turbine market.
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In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
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In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
980
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
1101
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
1091
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
