Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Pakistan - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Pakistan (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Pakistan (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Pakistan
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Pakistan
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Pakistan (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 $1,993,171 per unit, surging by 15% against the previous year. Overall, the import price posted a significant expansion. The pace of growth was the most pronounced in 2016 an increase of 1,057% against the previous year. As a result, import price reached the peak level of $3,831,117 per unit. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,952,630 per unit), while the price for the UK ($14,652 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+158.9%), 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 Pakistan (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 $1,514,342 per unit, standing approx. at the previous year. Over the period under review, the export price showed a significant increase. The pace of growth was the most pronounced in 2014 an increase of 907%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2,371,119 per unit), while the average price for exports to the UK ($35,156 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 Canada (+144.8%), 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 Pakistan
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs imported into Pakistan fell sharply to 10 units, shrinking by -37.5% on 2021. In general, imports faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. Imports peaked at 18 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs dropped markedly to $20M in 2022. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 151%. As a result, imports attained the peak of $28M, and then shrank significantly in the following year.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.8 | 2.1 | 1.7 | 10.0 | 4.4% |
| Germany | 0.3 | 5.3 | 15.9 | 6.0 | 171.4% |
| China | 0.1 | N/A | 0.8 | 2.8 | 203.7% |
| Turkey | N/A | 0.1 | 0.4 | 0.2 | 41.4% |
| United Arab Emirates | 0.5 | 0.1 | 0.3 | 0.2 | -26.3% |
| Belgium | 0.6 | 0.1 | 0.2 | 0.1 | -45.0% |
| Switzerland | 0.9 | 0.3 | 0.9 | N/A | 0.0% |
| United Kingdom | 3.5 | 0.2 | 1.4 | N/A | -36.8% |
| France | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Japan | 1.2 | 0.4 | 1.1 | N/A | -4.3% |
| Czech Republic | 0.9 | 0.2 | 0.1 | N/A | -66.7% |
| Italy | 5.9 | 1.7 | 4.1 | N/A | -16.6% |
| Netherlands | 0.7 | 0.3 | 0.8 | N/A | 6.9% |
| Others | 1.3 | 0.3 | N/A | 0.7 | -18.6% |
| Total | 24.8 | 11.1 | 27.8 | 19.9 | -7.1% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Pakistan in 2022:
- United States (4.0 units)
- Turkey (1.0 units)
- United Arab Emirates (1.0 units)
- United Kingdom (1.0 units)
- Germany (1.0 units)
- Belgium (1.0 units)
- China (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Pakistan
In 2022, overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by 0% to 7 units, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year. As a result, the exports attained the peak of 8 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $11M in 2022. Overall, exports recorded a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 4.9 | N/A | 9.5 | 74.1% |
| Czech Republic | N/A | 0.7 | N/A | 0.9 | 13.4% |
| Canada | N/A | N/A | N/A | 0.2 | 0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Germany | 0.3 | 0.4 | N/A | N/A | 33.3% |
| United Kingdom | 2.0 | 2.5 | N/A | N/A | 25.0% |
| Italy | 0.5 | 0.8 | N/A | N/A | 60.0% |
| Netherlands | 0.6 | N/A | N/A | N/A | 0% |
| Others | 2.4 | N/A | N/A | N/A | 0% |
| Total | 7.5 | 9.3 | N/A | 10.6 | 12.2% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Pakistan in 2022:
- United States (4.0 units)
- United Kingdom (1.0 units)
- Czech Republic (1.0 units)
- Canada (1.0 units)
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