Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Denmark - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Denmark (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Denmark (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Denmark
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Denmark
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Denmark (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 $340,091 per unit, increasing by 98% against the previous year. Overall, the import price recorded moderate growth. The growth pace was the most rapid in 2020 when the average import price increased by 2,103% against the previous year. Over the period under review, average import prices reached the peak figure at $1,541,314 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($2,241,037 per unit), while the price for Norway ($100 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.4%), 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 Denmark (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 $19,348 per unit, which is down by -78.4% against the previous year. In general, the export price recorded a dramatic decline. The pace of growth was the most pronounced in 2015 an increase of 267% against the previous year. The export price peaked at $1,993,862 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,012,192 per unit), while the average price for exports to India ($602 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 Japan (+57.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Denmark
For the fourth consecutive year, Denmark recorded growth in supplies from abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, which increased by 138% to 19 units in 2022. Over the period under review, imports showed significant growth. As a result, imports reached 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 skyrocketed to $6.5M in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 3,755%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 497 | 5.9 | 4,482 | 200.3% |
| Indonesia | N/A | N/A | N/A | 1,093 | 0% |
| Argentina | N/A | N/A | N/A | 394 | 0% |
| United States | 65.4 | 1,592 | 894 | 271 | 60.6% |
| United Kingdom | N/A | N/A | 432 | 204 | -52.8% |
| Switzerland | 30.2 | 2.9 | 5.2 | 7.1 | -38.3% |
| Georgia | N/A | N/A | N/A | 5.4 | 0% |
| Singapore | N/A | N/A | N/A | 3.6 | 0% |
| Netherlands | 6.0 | N/A | 3.7 | 1.4 | -38.4% |
| Norway | N/A | 0.5 | N/A | 0.1 | -55.3% |
| Belize | N/A | 1,814 | N/A | N/A | 0% |
| China | 0.3 | N/A | N/A | N/A | 0% |
| Ukraine | N/A | 23.6 | 30.8 | N/A | 30.5% |
| Others | N/A | N/A | 2.0 | N/A | 0% |
| Total | 102 | 3,929 | 1,374 | 6,462 | 298.6% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Denmark in 2022:
- Georgia (3.0 units)
- Singapore (3.0 units)
- Indonesia (3.0 units)
- Argentina (3.0 units)
- Canada (2.0 units)
- United States (1.0 units)
- United Kingdom (1.0 units)
- Netherlands (1.0 units)
- Switzerland (1.0 units)
- Norway (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Denmark
Exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs from Denmark skyrocketed to 172 units in 2022, jumping by 197% on 2021 figures. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 489% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs contracted dramatically to $3.3M in 2022. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2020 when exports increased by 147%. As a result, the exports reached the peak of $5.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | N/A | N/A | 963 | 0% |
| United Kingdom | 191 | 50.2 | 603 | 930 | 69.5% |
| Australia | N/A | 20.2 | 23.8 | 127 | 150.7% |
| Japan | N/A | N/A | 107 | 120 | 12.1% |
| Canada | 61.3 | 3,338 | 3.6 | 42.1 | -11.8% |
| India | N/A | N/A | N/A | 22.9 | 0% |
| Argentina | N/A | N/A | 1,958 | N/A | 0% |
| Sweden | N/A | 1,048 | N/A | N/A | 0% |
| Others | 2,088 | 1,318 | 2,492 | 1,123 | -18.7% |
| Total | 2,340 | 5,775 | 5,187 | 3,328 | 12.5% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Denmark in 2022:
- Qatar (99.0 units)
- India (38.0 units)
- Australia (14.0 units)
- Canada (5.0 units)
- Japan (5.0 units)
- United Kingdom (4.0 units)
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