Price for Steam and Other Vapour Turbines, for Marine Propulsion in the Philippines - 2022
Contents:
- Price for Steam and Other Vapour Turbines, for Marine Propulsion in the Philippines (CIF) - 2022
- Imports of Steam and Other Vapour Turbines, for Marine Propulsion in the Philippines
Price for Steam and Other Vapour Turbines, for Marine Propulsion in the Philippines (CIF) - 2022
In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $666 per unit, surging by 3,173% against the previous year. In general, the import price, however, showed a sharp descent. Over the period under review, average import prices attained the peak figure at $82,480 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 ($822 per unit), while the price for Japan amounted to $509 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-6.4%), while the prices for the other major suppliers experienced a decline.
Imports of Steam and Other Vapour Turbines, for Marine Propulsion in the Philippines
In 2022, the amount of steam and other vapour turbines, for marine propulsia imported into the Philippines declined rapidly to 2 units, shrinking by -66.7% on the year before. Overall, imports saw a sharp reduction. Over the period under review, imports of reached the maximum at 6 units in 2021, and then dropped rapidly in the following year.
In value terms, imports of steam and other vapour turbines, for marine propulsia soared to $1.3K in 2022. Over the period under review, imports faced a sharp contraction. Imports peaked at $31K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Steam and Other Vapour Turbines, for Marine Propulsion in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 3.4 | N/A | 0.8 | -27.5% |
| Japan | 5.2 | 10.3 | N/A | 0.5 | -54.2% |
| United Kingdom | 0.1 | 0.2 | N/A | N/A | 100.0% |
| India | 2.1 | 3.2 | N/A | N/A | 52.4% |
| Singapore | 0.2 | 1.1 | N/A | N/A | 450.0% |
| United States | 21.0 | 5.2 | 0.1 | N/A | -93.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 30.6 | 23.5 | 0.1 | 1.3 | -65.1% |
Top Suppliers of Steam and Other Vapour Turbines, for Marine Propulsion to the Philippines in 2022:
- Japan (1.0 units)
- China (1.0 units)
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