Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam - 2022
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $4,147,784 per unit in 2022, rising by 4,657% against the previous year. Overall, the import price continues to indicate significant growth. The pace of growth appeared the most rapid in 2013 when the average import price increased by 24,731% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +247.7% per year.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $209,841 per unit in 2022, with a decrease of -2.4% against the previous year. Over the period under review, the export price showed a pronounced slump. The growth pace was the most rapid in 2018 an increase of 30,405%. The export price peaked at $388,538 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +1,632.6% per year.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam
In 2022, purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by -94.1% to 1 units, falling for the second consecutive year after two years of growth. Overall, imports showed a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 447%. As a result, imports attained the peak of 104 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 soared to $4.1M in 2022. In general, imports recorded a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 874%. As a result, imports reached the peak of $139M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.4 | 3.9 | N/A | 4.1 | 117.2% |
| Russia | 5.9 | 19.2 | 0.3 | N/A | -77.5% |
| Germany | N/A | 0.2 | N/A | N/A | 0% |
| South Korea | 0.3 | 24.3 | N/A | N/A | 8000.0% |
| Japan | 1.8 | 64.2 | 0.8 | N/A | -33.3% |
| Belgium | 1.5 | N/A | 0.1 | N/A | -74.2% |
| China | 1.2 | 3.9 | 0.1 | N/A | -71.1% |
| France | 0.1 | 0.1 | N/A | N/A | 0.0% |
| India | 0.1 | 19.0 | 0.2 | N/A | 41.4% |
| Singapore | 0.2 | 0.8 | N/A | N/A | 300.0% |
| Italy | 0.1 | 0.3 | N/A | N/A | 200.0% |
| Netherlands | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Canada | N/A | N/A | N/A | N/A | 0% |
| Others | 2.7 | 2.9 | N/A | N/A | 7.4% |
| Total | 14.3 | 139 | 1.5 | 4.1 | -34.1% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Vietnam in 2022:
- United States (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam
In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs from Vietnam fell notably to 3 units, with a decrease of -70% compared with 2021 figures. Overall, exports saw a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 67%. Over the period under review, the exports of attained the peak figure at 15 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 reduced remarkably to $630K in 2022. In general, exports showed a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. Over the period under review, the exports of attained the peak figure at $5.8M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.8 | 1.5 | 1.9 | 0.6 | -50.0% |
| United Kingdom | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Indonesia | N/A | N/A | N/A | N/A | 0% |
| Tanzania | 0.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.8 | 1.7 | 2.1 | 0.6 | -53.1% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Vietnam in 2022:
- United States (3.0 units)
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