Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Morocco - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Morocco (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Morocco (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Morocco
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Morocco
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Morocco (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 $19,513 per unit, surging by 660% against the previous year. Over the period under review, the import price posted strong growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 3,591% against the previous year. Over the period under review, average import prices hit record highs at $158,600 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 ($57,781 per unit), while the price for Japan ($99 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 (+179.2%), 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 Morocco (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $8 per unit in 2022, reducing by 99.9% against the previous year. Over the period under review, the export price continues to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 an increase of 1,012%. As a result, the export price reached the peak level of $1,255,649 per unit. From 2021 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2014 to 2022, the rate of growth in terms of prices for Malta amounted to -2.1% per year.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Morocco
In 2022, approx. 7 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were imported into Morocco; growing by 250% on the previous year. Over the period under review, imports, however, saw a noticeable reduction. Imports peaked at 8 units in 2019; however, from 2020 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 $137K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained 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 Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 116 | 0% |
| Sweden | N/A | N/A | N/A | 9.8 | 0% |
| Germany | 0.1 | 0.2 | N/A | 6.8 | 308.2% |
| Italy | N/A | N/A | N/A | 3.7 | 0% |
| South Korea | 2.7 | N/A | 3.1 | 0.6 | -39.4% |
| Japan | N/A | N/A | N/A | 0.1 | 0% |
| Spain | 2.1 | 0.2 | N/A | N/A | -90.5% |
| China | 2.5 | N/A | N/A | N/A | 0% |
| Malaysia | 0.4 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 2.1 | N/A | 0% |
| Turkey | 1.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 9.4 | 0.4 | 5.1 | 137 | 144.3% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Morocco in 2022:
- United States (2.0 units)
- Italy (1.0 units)
- Sweden (1.0 units)
- Germany (1.0 units)
- Japan (1.0 units)
- South Korea (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Morocco
In 2022, shipments abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by 0% to 1 units, falling for the second year in a row after two years of growth. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 400% against the previous year. As a result, the exports reached the peak of 5 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs fell sharply to $8 in 2022. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 5,458%. As a result, the exports reached the peak of $6.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malta | 0.1 | N/A | 0.2 | N/A | 41.4% |
| United Kingdom | N/A | 6.3 | N/A | N/A | 0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | 6.3 | 0.2 | N/A | 41.4% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Morocco in 2022:
- Belgium (1.0 units)
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