Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $11,732,510 per unit in 2022, with an increase of 166% against the previous year. Overall, the import price posted a resilient increase. The pace of growth was the most pronounced in 2020 an increase of 428% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +91.4% per year.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia (FOB) - 2022
In February 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $5.5M per unit, jumping by 76% against the previous month. Over the period under review, the export price, however, continues to indicate a noticeable curtailment. The export price peaked at $6.5M per unit in June 2021; however, from July 2021 to February 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From June 2021 to February 2022, the rate of growth in terms of prices for the United States amounted to -2.0% per month.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia
In 2022, after three years of growth, there was significant decline in overseas purchases of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs, when their volume decreased by -85.7% to 1 units. Overall, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of 7 units, and then contracted significantly in the following year.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs dropped rapidly to $12M in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 428% against the previous year. Imports peaked at $31M in 2021, and then contracted significantly in the following year.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.5 | 20.5 | 18.2 | 11.7 | 67.3% |
| Thailand | N/A | N/A | 7.0 | N/A | 0% |
| China | 1.3 | 1.8 | 1.6 | N/A | 10.9% |
| United Kingdom | 0.5 | 2.2 | 2.5 | N/A | 123.6% |
| Italy | 0.7 | 1.3 | 1.5 | N/A | 46.4% |
| Brazil | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.9 | 26.0 | 30.9 | 11.7 | 33.7% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Colombia in 2022:
- United States (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia
In 2022, approx. 3 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs were exported from Colombia; jumping by 50% against the previous year's figure. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs skyrocketed to $12M in 2022. In general, exports enjoyed significant growth. Over the period under review, the exports of hit record highs at $15M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.9 | 7.3 | 2.3 | 11.5 | 24.9% |
| United Kingdom | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Thailand | N/A | 7.9 | N/A | N/A | 0% |
| Trinidad and Tobago | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.0 | 15.3 | 2.4 | 11.7 | 24.9% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Colombia in 2022:
- United States (2.0 units)
- United Kingdom (1.0 units)
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