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

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Egypt (CIF) - 2023
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Egypt (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Egypt
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Egypt

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

In September 2023, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $5.6M per unit, stabilizing at the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 an increase of less than 0.1% against the previous month. The import price peaked in September 2023.

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

From June 2023 to September 2023, the rate of growth in terms of prices for the United States amounted to +0.0% per month.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Egypt (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 $493,036 per unit, shrinking by -33.3% against the previous year. Overall, the export price showed a precipitous descent. Over the period under review, the average export prices reached the maximum at $739,554 per unit in 2021, and then fell dramatically in the following year.

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 the Netherlands ($601,168 per unit), while the average price for exports to Italy ($293,400 per unit) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+120.5%).

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

In 2022, approx. 3 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were imported into Egypt; reducing by -78.6% compared with 2021. In general, imports showed a significant curtailment. The smallest decline of -6.7% was in 2021. Imports peaked at 15 units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs soared to $11M in 2022. Over the period under review, imports, however, posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2677391,3447,208200.0%
United States1,6741,5651,7073,43627.1%
Japan83.953.915.210.5-50.0%
Russia6411,029725N/A6.4%
Belgium1.0N/A0.9N/A-5.1%
ChinaN/A0.2N/AN/A0%
France447147183N/A-36.0%
Poland181273197N/A4.3%
Czech Republic1,4471,708186N/A-64.1%
Italy1697162.5N/A-87.8%
Netherlands1.01.61.1N/A4.9%
Canada227314189N/A-8.8%
Turkey20.216.33.4N/A-59.0%
Others138797948N/A162.1%
Total5,2987,3605,50310,65426.2%

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

  1. United States (1.0 units)
  2. Japan (1.0 units)
  3. Germany (1.0 units)

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

In 2022, approx. 3 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were exported from Egypt; with a decrease of -25% compared with 2021. In general, exports recorded a dramatic downturn. Over the period under review, the exports of hit record highs at 4 units in 2021, and then reduced markedly in the following year.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs contracted significantly to $1.5M in 2022. Over the period under review, exports saw a precipitous descent. The exports peaked at $3M in 2021, and then shrank dramatically in the following year.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Egypt (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
NetherlandsN/A6010%
United Kingdom265585120.8%
ItalyN/A2930%
Germany2,100N/A0%
Czech Republic593N/A0%
Others0.9N/A0%
Total2,9581,479-50.0%

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

  1. United Kingdom (1.0 units)
  2. Netherlands (1.0 units)
  3. Italy (1.0 units)

Source: IndexBox Market Intelligence Platform

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