Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Ireland - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Ireland (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Ireland (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Ireland
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Ireland
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Ireland (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $245,316 per unit in 2022, falling by -17.9% against the previous year. Overall, the import price recorded a noticeable reduction. The pace of growth was the most pronounced in 2019 an increase of 35,241%. Over the period under review, average import prices hit record highs at $479,122 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($824,802 per unit), while the price for Bulgaria ($120 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+78.8%), 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 Ireland (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $106,026 per unit in 2022, which is down by -29.7% against the previous year. In general, the export price, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 106,272%. The export price peaked at $819,202 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($252,216 per unit), while the average price for exports to Malaysia ($7,782 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 the United States (+185.5%), 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 Ireland
For the fourth year in a row, Ireland recorded growth in purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, which increased by 88% to 15 units in 2022. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 400%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs skyrocketed to $3.7M in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 598% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 343 | 2,396 | 2,312 | 3,299 | 112.7% |
| United Kingdom | N/A | N/A | 39.6 | 300 | 657.6% |
| Iceland | N/A | N/A | N/A | 80.4 | 0% |
| Bulgaria | N/A | N/A | N/A | 0.2 | 0% |
| Belgium | N/A | N/A | 4.9 | N/A | 0% |
| United Arab Emirates | N/A | N/A | 2.0 | N/A | 0% |
| Netherlands | N/A | N/A | 0.3 | N/A | 0% |
| Canada | N/A | N/A | 33.2 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 343 | 2,396 | 2,391 | 3,680 | 120.6% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Ireland in 2022:
- Iceland (7.0 units)
- United States (4.0 units)
- United Kingdom (2.0 units)
- Bulgaria (2.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Ireland
In 2022, approx. 24 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were exported from Ireland; jumping by 71% on the year before. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 180%. The exports peaked in 2022 and are expected to retain 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 soared to $2.5M in 2022. Over the period under review, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 66%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 291 | 316 | 520 | 1,766 | 82.4% |
| United Kingdom | N/A | N/A | 1,576 | 682 | -56.7% |
| Thailand | N/A | N/A | N/A | 82.0 | 0% |
| Malaysia | N/A | N/A | N/A | 15.6 | 0% |
| Norway | 1,347 | 250 | N/A | N/A | -81.4% |
| Kenya | N/A | N/A | 14.8 | N/A | 0% |
| Canada | N/A | 707 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,638 | 1,272 | 2,111 | 2,545 | 15.8% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Ireland in 2022:
- United Kingdom (13.0 units)
- United States (7.0 units)
- Thailand (2.0 units)
- Malaysia (2.0 units)
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