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

Contents:

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

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

In 2022, the average import price for steam and other vapour turbines, for marine propulsia amounted to $16,745 per unit, declining by -98.2% against the previous year. Overall, the import price faced a sharp decrease. The growth pace was the most rapid in 2021 an increase of 5,940%. As a result, import price reached the peak level of $942,891 per unit, and then reduced notably in the following year.

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 Finland ($106,736 per unit), while the price for China ($766 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+42.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for steam and other vapour turbines, for marine propulsia stood at $48,498 per unit in 2022, picking up by 15% against the previous year. In general, the export price, however, saw a deep contraction. The pace of growth was the most pronounced in 2017 an increase of 477%. The export price peaked at $241,745 per unit in 2015; however, from 2016 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 Mexico ($111,578 per unit), while the average price for exports to Australia ($5,521 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 Argentina (+70.2%), 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 the United States

In 2022, approx. 335 units of steam and other vapour turbines, for marine propulsia were imported into the United States; with an increase of 3,250% compared with 2021. In general, imports showed a significant 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 shrank notably to $5.6M in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 9,967% against the previous year. As a result, imports reached the peak of $9.4M, and then dropped remarkably in the following year.

Import of Steam and Other Vapour Turbines, for Marine Propulsion in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A4.70%
FinlandN/AN/AN/A0.60%
ChinaN/AN/AN/AN/A0%
Others2.20.19.40.2-55.0%
Total2.20.19.45.636.5%

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

  1. Poland (316.0 units)
  2. China (9.0 units)
  3. Finland (6.0 units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of steam and other vapour turbines, for marine propulsia, when their volume decreased by -41.2% to 10 units. Overall, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 6.2% against the previous year. As a result, the exports reached the peak of 17 units, and then dropped remarkably in the following year.

In value terms, exports of steam and other vapour turbines, for marine propulsia declined rapidly to $485K in 2022. Over the period under review, exports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 1.8%. Over the period under review, the exports of hit record highs at $2.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Steam and Other Vapour Turbines, for Marine Propulsion in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico1195.0N/A112-2.0%
Taiwan (Chinese)N/A83.077.589.23.7%
PhilippinesN/AN/AN/A79.10%
PolandN/AN/AN/A64.00%
Canada98.05.7N/A37.0-27.7%
PanamaN/A1455.430.0-54.5%
PeruN/AN/AN/A25.30%
ColombiaN/AN/A6.323.2268.3%
BrazilN/AN/AN/A20.10%
Australia4.37.82.85.58.6%
Argentina144N/AN/AN/A0%
AngolaN/AN/A2.6N/A0%
BahrainN/A8.6N/AN/A0%
Others1,843446620N/A-42.0%
Total2,208702714485-39.7%

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

  1. Brazil (1.0 units)
  2. Canada (1.0 units)
  3. Australia (1.0 units)
  4. Peru (1.0 units)
  5. Taiwan (Chinese) (1.0 units)
  6. Mexico (1.0 units)
  7. Philippines (1.0 units)
  8. Colombia (1.0 units)
  9. Poland (1.0 units)
  10. Panama (1.0 units)

Source: IndexBox Market Intelligence Platform

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