Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Argentina - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Argentina (CIF) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Argentina
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Argentina (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $9,049,686 per unit in 2022, with an increase of 98% against the previous year. In general, the import price recorded a buoyant increase. The pace of growth was the most pronounced in 2020 an increase of 103%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 United States ($22,243,955 per unit), while the price for Italy ($630,615 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+110.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Argentina
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs imported into Argentina declined dramatically to 5 units, shrinking by -44.4% compared with the year before. In general, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year. Imports peaked at 13 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs rose sharply to $45M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 26%. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 18.6 | 26.9 | 29.5 | 22.2 | 6.1% |
Canada | N/A | N/A | N/A | 16.2 | 0% |
United Kingdom | 3.7 | 2.1 | 6.5 | 5.5 | 14.1% |
Italy | 9.7 | 1.3 | 5.1 | 1.3 | -48.8% |
Russia | 2.8 | N/A | N/A | N/A | 0% |
France | N/A | 2.3 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 34.8 | 32.6 | 41.1 | 45.2 | 9.1% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Argentina in 2022:
- Italy (2.0 units)
- United States (1.0 units)
- United Kingdom (1.0 units)
- Canada (1.0 units)
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