Price for Steam and Other Vapour Turbines, for Marine Propulsion in Spain - 2023

Contents:

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

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

In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $64,180 per unit, falling by -6.4% against the previous year. In general, the import price faced a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 73%. Over the period under review, average import prices hit record highs at $196,319 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the Netherlands ($351,554 per unit), while the price for China ($183 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+79.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for steam and other vapour turbines, for marine propulsia stood at $10,209 per unit in 2022, falling by -70% against the previous year. In general, the export price recorded a precipitous setback. The pace of growth appeared the most rapid in 2018 an increase of 484% against the previous year. The export price peaked at $126,394 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($17,080 per unit), while the average price for exports to Morocco ($816 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 France (+21.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of steam and other vapour turbines, for marine propulsia, when their volume increased by 50% to 12 units. Overall, imports, however, faced a sharp decrease. Imports peaked at 28 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of steam and other vapour turbines, for marine propulsia skyrocketed to $770K in 2022. In general, imports, however, recorded a dramatic decline. Over the period under review, imports of hit record highs at $5.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. United States (1.0 units)
2. Netherlands (1.0 units)
3. Czech Republic (1.0 units)
4. Portugal (1.0 units)
5. Denmark (1.0 units)
6. Poland (1.0 units)
7. Finland (1.0 units)
8. France (1.0 units)
9. United Kingdom (1.0 units)
10. Sweden (1.0 units)
11. Germany (1.0 units)
12. China (1.0 units)

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

In 2022, exports of steam and other vapour turbines, for marine propulsia from Spain fell sharply to 4 units, shrinking by -20% on 2021 figures. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 67%. The exports peaked at 5 units in 2021, and then fell markedly in the following year.

In value terms, exports of steam and other vapour turbines, for marine propulsia contracted rapidly to $41K in 2022. Overall, exports, however, enjoyed a noticeable expansion. The growth pace was the most rapid in 2021 with an increase of 223% against the previous year. As a result, the exports attained the peak of $170K, and then shrank remarkably in the following year.

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

1. South Korea (2.0 units)
2. Morocco (1.0 units)
3. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform