Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $11,471 per unit in 2022, shrinking by -98.1% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of 10,684%. As a result, import price reached the peak level of $593,899 per unit, and then reduced dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($16,577 per unit), while the price for Belgium stood at $6,364 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-12.2%), while the prices for the other major suppliers experienced a decline.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg (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 $113,175 per unit, with an increase of 51,460% against the previous year. Overall, the export price continues to indicate a significant expansion. Over the period under review, the average export prices attained the maximum at $226,204 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($336,850 per unit), while the average price for exports to the Netherlands ($2 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (-29.3%).
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg
In 2022, after three years of growth, there was decline in overseas purchases of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, when their volume decreased by 0% to 2 units. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 100% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual 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 plummeted to $23K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 21,469%. As a result, imports reached the peak of $1.2M, and then fell dramatically in the following year.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 1.1 | N/A | N/A | 16.6 | 147.1% |
| Belgium | N/A | N/A | N/A | 6.4 | 0% |
| Germany | N/A | 5.5 | N/A | N/A | 0% |
| Canada | N/A | N/A | 1,188 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.1 | 5.5 | 1,188 | 22.9 | 175.1% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Luxembourg in 2022:
- Belgium (1.0 units)
- Denmark (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg
In 2022, approx. 3 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were exported from Luxembourg; increasing by 50% compared with 2021. Overall, exports continue to indicate a relatively flat trend pattern. 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 $340K in 2022. Over the period under review, exports, however, faced a precipitous slump. Over the period under review, the exports of attained the maximum at $679K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Oman | 674 | 0.4 | 337 | -29.3% | |
| Belgium | N/A | N/A | 2.7 | 0% | |
| France | 4.9 | N/A | N/A | 0% | |
| Netherlands | N/A | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 679 | 0.4 | 340 | -29.2% | |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Luxembourg in 2022:
- Belgium (1.0 units)
- Oman (1.0 units)
- Netherlands (1.0 units)
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