Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Japan - 2023

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Japan (CIF) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Japan (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Japan
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Japan

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Japan (CIF) - 2022

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $3,969,753 per unit in 2022, shrinking by -71.9% against the previous year. Over the period under review, the import price, however, continues to indicate notable growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 143% against the previous year. The import price peaked at $14,111,698 per unit in 2021, and then reduced sharply 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 the UK ($21,691,104 per unit), while the price for Poland ($274,997 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Japan (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 $1,052,746 per unit, falling by -49.1% against the previous year. In general, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2020 an increase of 36% against the previous year. The export price peaked at $2,066,816 per unit in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,711,969 per unit), while the average price for exports to Malaysia ($625,963 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 Taiwan (Chinese) (+50.8%), 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 Japan

Imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs into Japan skyrocketed to 28 units in 2022, with an increase of 211% against the year before. Overall, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs reduced to $111M in 2022. In general, imports, however, showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. Imports peaked at $139M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States66.063.183.757.6-4.4%
France19.4N/AN/A31.317.3%
United Kingdom19.121.341.521.74.3%
PolandN/AN/AN/A0.50%
Italy34.6N/A1.8N/A-77.2%
OthersN/AN/AN/AN/A0%
Total13984.4127111-7.2%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Japan in 2022:

  1. France (21.0 units)
  2. United States (4.0 units)
  3. Poland (2.0 units)
  4. United Kingdom (1.0 units)

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Japan

In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs exported from Japan skyrocketed to 43 units, increasing by 126% against the previous year. Over the period under review, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports of hit record highs at 108 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs skyrocketed to $45M in 2022. Overall, exports, however, showed a sharp reduction. The growth pace was the most rapid in 2020 when exports increased by 77% against the previous year. As a result, the exports reached the peak of $197M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.330.6N/A23.240.9%
RussiaN/AN/AN/A12.80%
GermanyN/A9.924.43.7-38.9%
Indonesia31.71.62.12.4-57.7%
South KoreaN/A31.02.01.8-75.9%
United States2.2N/AN/A0.7-31.7%
Malaysia0.72.61.40.6-5.0%
Hong Kong SARN/A20.6N/AN/A0%
Thailand13.77.61.4N/A-68.0%
IndiaN/A5.5N/AN/A0%
United Arab Emirates51.3N/AN/AN/A0%
Singapore0.79.87.9N/A235.9%
TurkmenistanN/A78.4N/AN/A0%
Others2.6N/AN/AN/A0%
Total11119739.345.3-25.8%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Japan in 2022:

  1. China (20.0 units)
  2. Russia (18.0 units)
  3. Indonesia (1.0 units)
  4. United States (1.0 units)
  5. Malaysia (1.0 units)
  6. Germany (1.0 units)
  7. South Korea (1.0 units)

Source: IndexBox Market Intelligence Platform

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