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

Contents:

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

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

In August 2021, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $11.6M per unit, approximately mirroring the previous month. Over the period under review, the import price continues to indicate a pronounced descent. As a result, import price attained the peak level of $14.5M per unit. From April 2021 to August 2021, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From March 2021 to August 2021, the rate of growth in terms of prices for the United States amounted to -4.4% per month.

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

In 2022, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kws into Tanzania fell markedly to 2 units, reducing by -83.3% against the previous year. Overall, imports showed a dramatic setback. The pace of growth was the most pronounced in 2021 when imports increased by 9.1% against the previous year. Over the period under review, imports of attained the maximum at 38 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs shrank dramatically to $139 in 2022. Over the period under review, imports recorded a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. Imports peaked at $56M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/AN/A0.9N/A0%
China1.00.3N/AN/A-70.0%
Vietnam0.6N/AN/AN/A0%
AustriaN/AN/AN/AN/A0%
SloveniaN/AN/AN/AN/A0%
United States49.52.43.2N/A-74.6%
India4.53.84.5N/A0.0%
FinlandN/AN/AN/AN/A0%
South Africa0.1N/AN/AN/A0%
Portugal0.2N/AN/AN/A0%
ItalyN/AN/AN/AN/A0%
NetherlandsN/AN/AN/AN/A0%
CanadaN/AN/AN/AN/A0%
Others0.10.10.1N/A0.0%
Total56.06.78.7N/A-60.6%

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

  1. China (1.0 units)
  2. Portugal (1.0 units)

Source: IndexBox Market Intelligence Platform

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