Price for Steam and Other Vapour Turbines, for Marine Propulsion in Vietnam - 2022

Contents:

  1. Price for Steam and Other Vapour Turbines, for Marine Propulsion in Vietnam (CIF) - 2022
  2. Imports of Steam and Other Vapour Turbines, for Marine Propulsion in Vietnam

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

The average import price for steam and other vapour turbines, for marine propulsia stood at $9,822 per unit in 2022, declining by -62.5% against the previous year. In general, the import price faced a sharp setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 850%. Over the period under review, average import prices attained the peak figure at $735,526 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Japan ($13,303 per unit), while the price for China ($7,762 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+20.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, supplies from abroad of steam and other vapour turbines, for marine propulsia decreased by -93.9% to 3 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 308% against the previous year. As a result, imports attained the peak of 49 units, and then dropped sharply in the following year.

In value terms, imports of steam and other vapour turbines, for marine propulsia reduced dramatically to $29K in 2022. In general, imports faced a deep contraction. The growth pace was the most rapid in 2021 with an increase of 3,778% against the previous year. As a result, imports reached the peak of $1.3M, and then plummeted in the following year.

Import of Steam and Other Vapour Turbines, for Marine Propulsion in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/A0.213.36550.0%
IndonesiaN/AN/A0.48.42000.0%
ChinaN/AN/A0.17.87700.0%
Russia47.424.91,148N/A392.1%
South KoreaN/AN/A0.3N/A0%
Sweden0.1N/A1.7N/A312.3%
United KingdomN/AN/A0.1N/A0%
France0.1N/A1.5N/A287.3%
IndiaN/A6.444.8N/A600.0%
Singapore2.81.685.1N/A451.3%
Taiwan (Chinese)N/AN/A0.1N/A0%
OthersN/AN/A0.3N/A0%
Total50.433.11,28329.5-16.4%

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

  1. Japan (1.0 units)
  2. Indonesia (1.0 units)
  3. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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