Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $5,338,898 per unit in 2022, increasing by 124% against the previous year. Overall, the import price continues to indicate a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($21,320,097 per unit), while the price for Malaysia ($49 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+53.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India (FOB) - 2022
In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $2,301,110 per unit, increasing by 117% against the previous year. In general, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 168%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($9,034,963 per unit), while the average price for exports to Malaysia ($49 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 the Czech Republic (+54.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs imported into India reduced markedly to 11 units, which is down by -52.2% compared with the previous year's figure. Over the period under review, imports faced a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 21%. As a result, imports reached the peak of 23 units, and then fell notably in the following year.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs rose sharply to $59M in 2022. Overall, imports recorded a pronounced reduction. Imports peaked at $67M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.2 | 3.6 | 11.9 | 28.7 | 41.2% |
| United Kingdom | 9.2 | 12.0 | 8.3 | 21.3 | 32.3% |
| China | 1.3 | N/A | 1.1 | 5.1 | 57.7% |
| Italy | 4.9 | 2.6 | 0.8 | 3.5 | -10.6% |
| Switzerland | 4.6 | 4.7 | 6.5 | N/A | 18.9% |
| Japan | 1.2 | 0.6 | 3.3 | N/A | 65.8% |
| Belgium | 6.5 | 6.8 | 9.6 | N/A | 21.5% |
| Sweden | 5.2 | 0.6 | N/A | N/A | -88.5% |
| Malaysia | N/A | N/A | N/A | N/A | 0% |
| France | 4.4 | 3.8 | 4.5 | N/A | 1.1% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Ukraine | 19.1 | 16.3 | 6.9 | N/A | -39.9% |
| Others | 0.6 | 1.8 | 2.0 | N/A | 82.6% |
| Total | 67.0 | 52.9 | 54.8 | 58.7 | -4.3% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to India in 2022:
- China (5.0 units)
- United States (3.0 units)
- Malaysia (1.0 units)
- Italy (1.0 units)
- United Kingdom (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India
In 2022, after two years of decline, there was significant decline in overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs, when their volume decreased by -42.5% to 23 units. In general, exports showed a significant decline. The smallest decline of -16.7% was in 2020. The exports peaked at 48 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs skyrocketed to $53M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.0 | 5.2 | 6.3 | 24.7 | 20.8% |
| United Kingdom | 5.4 | 2.6 | 6.4 | 14.8 | 39.9% |
| Czech Republic | 2.4 | N/A | N/A | 9.0 | 55.4% |
| Japan | N/A | N/A | N/A | 2.6 | 0% |
| Germany | 0.5 | 0.3 | 0.3 | 1.1 | 30.1% |
| United Arab Emirates | 0.2 | 0.1 | 0.2 | 0.6 | 44.2% |
| Turkey | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Bangladesh | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| Kenya | N/A | N/A | N/A | N/A | 0% |
| Belgium | 2.7 | 1.9 | 2.5 | N/A | -3.8% |
| Malaysia | 0.5 | 0.3 | N/A | N/A | -40.0% |
| Tanzania | 4.0 | 2.8 | 3.7 | N/A | -3.8% |
| Libya | 8.5 | 5.9 | 7.9 | N/A | -3.6% |
| Others | 13.2 | 12.9 | 14.9 | N/A | 6.2% |
| Total | 51.8 | 32.0 | 42.3 | 52.9 | 0.7% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from India in 2022:
- United States (13.0 units)
- United Kingdom (2.0 units)
- Turkey (1.0 units)
- Bangladesh (1.0 units)
- United Arab Emirates (1.0 units)
- Malaysia (1.0 units)
- Germany (1.0 units)
- Japan (1.0 units)
- Kenya (1.0 units)
- Czech Republic (1.0 units)
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