Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Malaysia - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Malaysia (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Malaysia (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Malaysia
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Malaysia
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Malaysia (CIF) - 2022
In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $4,980,523 per unit, rising by 188% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. As a result, import price reached 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 United States ($34,313,770 per unit), while the price for Australia ($314,645 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+30.2%), 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 Malaysia (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $1,126,252 per unit in 2022, rising by 20% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 265%. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($1,340,761 per unit), while the average price for exports to Indonesia ($623,000 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 Australia (+31.0%), 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 Malaysia
In 2022, supplies from abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by -66.7% to 16 units, falling for the second year in a row after two years of growth. In general, imports faced a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 97%. As a result, imports reached the peak of 59 units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs fell to $80M in 2022. Over the period under review, imports saw a abrupt downturn. The growth pace was the most rapid in 2020 when imports increased by 82%. As a result, imports reached the peak of $172M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 2.2 | 2.5 | 36.0 | 348.1% |
| United States | 35.9 | 114 | 33.8 | 34.3 | -1.5% |
| Singapore | 2.8 | 4.3 | 1.5 | 3.6 | 8.7% |
| Japan | 4.2 | 9.9 | 0.8 | 2.7 | -13.7% |
| Thailand | N/A | 4.4 | 0.9 | 0.4 | -69.8% |
| Australia | 0.2 | 0.4 | 0.1 | 0.3 | 14.5% |
| South Korea | 1.6 | 2.4 | 0.8 | N/A | -29.3% |
| Germany | 0.1 | 0.6 | 5.2 | N/A | 621.1% |
| United Kingdom | 35.4 | 2.3 | 27.1 | N/A | -12.5% |
| India | 0.9 | 1.9 | N/A | N/A | 111.1% |
| Italy | 1.8 | 9.6 | 1.7 | N/A | -2.8% |
| Netherlands | 1.7 | 2.5 | 0.8 | N/A | -31.4% |
| Canada | 5.3 | 8.0 | 2.3 | N/A | -34.1% |
| Others | 4.4 | 9.5 | 5.5 | 2.4 | -18.3% |
| Total | 94.7 | 172 | 83.1 | 79.7 | -5.6% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Malaysia in 2022:
- China (11.0 units)
- Australia (1.0 units)
- Singapore (1.0 units)
- United States (1.0 units)
- Japan (1.0 units)
- Thailand (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Malaysia
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs exported from Malaysia contracted sharply to 11 units, waning by -65.6% on the previous year's figure. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 78%. As a result, the exports reached the peak of 32 units, and then contracted notably in the following year.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs reduced remarkably to $12M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 194% against the previous year. As a result, the exports attained the peak of $30M, and then reduced sharply in the following year.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 4.9 | 0.9 | 4.0 | 8.0 | 17.8% |
| Thailand | N/A | 0.9 | 3.7 | 2.7 | 73.2% |
| United States | 1.6 | 1.7 | 1.6 | 1.1 | -11.7% |
| Indonesia | 0.3 | 0.1 | N/A | 0.6 | 26.0% |
| Nigeria | N/A | 3.0 | 11.9 | N/A | 296.7% |
| Brunei Darussalam | N/A | N/A | N/A | N/A | 0% |
| Bangladesh | N/A | N/A | N/A | N/A | 0% |
| Italy | 0.3 | 1.0 | 2.0 | N/A | 158.2% |
| Australia | 3.4 | 2.2 | 5.3 | N/A | 24.9% |
| Others | 2.0 | 0.4 | 1.5 | N/A | -13.4% |
| Total | 12.5 | 10.2 | 29.9 | 12.4 | -0.3% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Malaysia in 2022:
- Singapore (7.0 units)
- Thailand (2.0 units)
- United States (1.0 units)
- Indonesia (1.0 units)
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