Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Croatia - 2023

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Croatia (CIF) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Croatia (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Croatia
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Croatia

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Croatia (CIF) - 2022

In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $1,015 per unit, reducing by -95.2% against the previous year. In general, the import price showed a dramatic slump. The most prominent rate of growth was recorded in 2019 an increase of 5,506%. As a result, import price reached the peak level of $169,003 per unit. From 2020 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 the Netherlands ($7,213 per unit), while the price for Poland ($54 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2,429.1%), 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 Not Exceeding 5000kW in Croatia (FOB) - 2022

In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $344 per unit, growing by 6.7% against the previous year. Overall, the export price, however, continues to indicate a precipitous decline. Over the period under review, the average export prices attained the maximum at $12,652 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($508 per unit), while the average price for exports to the UK amounted to $17 per unit.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-21.2%).

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Croatia

Imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs into Croatia surged to 15 units in 2022, jumping by 200% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. 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 not exceeding 5000kWs fell remarkably to $15K in 2022. Overall, imports, however, faced a significant curtailment. The smallest decline of -61.4% was in 2020. Over the period under review, imports of attained the maximum at $845K 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 Not Exceeding 5000kW in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A7.40%
Netherlands3.82.73.87.223.7%
PolandN/AN/AN/A0.60%
China0.1N/A1.7N/A312.3%
AustriaN/A258N/AN/A0%
United StatesN/AN/A99.6N/A0%
Serbia0.90.8N/AN/A-11.1%
Denmark1.0N/AN/AN/A0%
Czech Republic839N/AN/AN/A0%
ItalyN/A63.3N/AN/A0%
OthersN/A0.4N/AN/A0%
Total84532610515.2-73.8%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Croatia in 2022:

  1. Poland (12.0 units)
  2. Belgium (2.0 units)
  3. Netherlands (1.0 units)

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Croatia

In 2022, approx. 3 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were exported from Croatia; rising by 50% against the previous year. Overall, total exports indicated a significant increase from 2021 to 2022: its volume increased at an average annual rate of +50.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs soared to $1K in 2022. Over the period under review, total exports indicated significant growth from 2021 to 2022: its value increased at an average annual rate of +60.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Croatia (USD)
COUNTRY20212022CAGR,
2021-2022
Singapore6441,01557.6%
United KingdomN/A17.00%
Netherlands1.0N/A0%
OthersN/AN/A0%
Total6451,03260.0%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Croatia in 2022:

  1. Singapore (2.0 units)
  2. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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