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

Contents:

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

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

In 2022, the average export price for steam and other vapour turbines, for marine propulsia amounted to $109,687 per unit, surging by 20% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 749%. Over the period under review, the average export prices reached the maximum at $203,315 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($441,119 per unit), while the average price for exports to Norway ($1,469 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 Italy (+172.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $3,234 per unit, waning by -67.1% against the previous year. Overall, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2019 when the average import price increased by 439%. The import price peaked at $25,433 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,050 per unit), while the price for the Czech Republic ($1,193 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+304.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of steam and other vapour turbines, for marine propulsia from the UK expanded markedly to 20 units in 2022, rising by 11% compared with the year before. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 64% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of steam and other vapour turbines, for marine propulsia skyrocketed to $2.2M in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 523%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Steam and Other Vapour Turbines, for Marine Propulsion in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/A6.5N/A441723.7%
Pakistan2.2N/A241168324.3%
PortugalN/AN/AN/A1400%
AlgeriaN/AN/AN/A82.20%
Qatar2.4N/AN/A23.9115.1%
GermanyN/AN/A12515.0-88.0%
ItalyN/AN/A4.011.3182.5%
ChinaN/AN/AN/A8.30%
NetherlandsN/AN/A13.03.2-75.4%
KuwaitN/AN/AN/A3.10%
BrazilN/AN/A7.52.1-72.0%
Japan1.86.2N/A2.15.3%
Norway5.2N/AN/A1.5-33.9%
Others57.84201,2611,292181.7%
Total69.54331,6522,194216.0%

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

  1. Brazil (1.0 units)
  2. Pakistan (1.0 units)
  3. Qatar (1.0 units)
  4. Netherlands (1.0 units)
  5. Italy (1.0 units)
  6. Algeria (1.0 units)
  7. Portugal (1.0 units)
  8. Kuwait (1.0 units)
  9. Japan (1.0 units)
  10. China (1.0 units)
  11. Canada (1.0 units)
  12. Germany (1.0 units)
  13. Norway (1.0 units)

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

In 2022, the amount of steam and other vapour turbines, for marine propulsia imported into the UK soared to 6 units, with an increase of 200% against 2021. Overall, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of steam and other vapour turbines, for marine propulsia declined modestly to $19K in 2022. Over the period under review, imports, however, saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 194% against the previous year. Imports peaked at $76K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Steam and Other Vapour Turbines, for Marine Propulsion in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24.6N/A6.78.1-30.9%
AustraliaN/AN/A12.93.7-71.3%
GermanyN/AN/AN/A3.50%
ChinaN/AN/AN/A1.80%
Czech RepublicN/AN/AN/A1.20%
South KoreaN/AN/AN/A1.20%
Malaysia17.0N/AN/AN/A0%
Taiwan (Chinese)31.06.7N/AN/A-78.4%
Brazil3.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total76.56.719.619.4-36.7%

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

  1. Australia (1.0 units)
  2. Czech Republic (1.0 units)
  3. United States (1.0 units)
  4. Germany (1.0 units)
  5. China (1.0 units)
  6. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform

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