Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in New Zealand - 2024
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in New Zealand (CIF) - 2024
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in New Zealand (FOB) - 2023
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in New Zealand
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in New Zealand
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in New Zealand (CIF) - 2024
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $5.8M per unit in January 2024, approximately reflecting the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2023 when the average import price increased by 3.3% against the previous month. The import price peaked in January 2024.
Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($5.8M per unit), while the price for France stood at $5.8M per unit.
From August 2023 to January 2024, the most notable rate of growth in terms of prices was attained by France (+0.8%), 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 New Zealand (FOB) - 2023
In December 2023, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $9.9M per unit, growing by 1.7% against the previous month. In general, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major external markets. In December 2023, the country with the highest price was Canada ($9.9M per unit), while the average price for exports to Peru totaled $9.9M per unit.
From August 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in New Zealand
After two years of decline, purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs increased by 50% to 9 units in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. Imports peaked at 12 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs shrank modestly to $13M in 2022. Overall, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 7.9%. As a result, imports reached the peak of $22M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.9 | 13.4 | 3.9 | 7.0 | -16.2% |
| France | 3.5 | 4.9 | 4.4 | 4.0 | 4.6% |
| Australia | 0.1 | 0.5 | 0.9 | 1.6 | 152.0% |
| South Africa | N/A | N/A | N/A | 0.3 | 0% |
| Canada | 1.7 | 3.1 | 4.4 | 0.2 | -51.0% |
| Spain | N/A | N/A | N/A | N/A | 0% |
| Germany | N/A | 0.2 | N/A | N/A | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Sweden | 0.1 | N/A | N/A | N/A | 0% |
| Malaysia | N/A | N/A | N/A | N/A | 0% |
| Guatemala | N/A | N/A | N/A | N/A | 0% |
| India | N/A | N/A | N/A | N/A | 0% |
| Indonesia | 0.1 | N/A | N/A | N/A | 0% |
| Others | 3.2 | 0.1 | N/A | N/A | -96.9% |
| Total | 20.6 | 22.2 | 13.5 | 13.1 | -14.0% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to New Zealand in 2022:
- Canada (1.0 units)
- Australia (1.0 units)
- South Africa (1.0 units)
- India (1.0 units)
- France (1.0 units)
- United States (1.0 units)
- Malaysia (1.0 units)
- Sweden (1.0 units)
- Germany (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in New Zealand
In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs from New Zealand shrank markedly to 3 units, waning by -50% against 2021 figures. Over the period under review, exports showed a deep setback. The growth pace was the most rapid in 2020 when exports increased by 50% against the previous year. Over the period under review, the exports of hit record highs at 6 units in 2021, and then shrank sharply in the following year.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs declined dramatically to $3.6M in 2022. In general, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of $5.4M, and then declined markedly in the following year.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 1,825 | 1,756 | 2,126 | 2,250 | 7.2% |
| Australia | 2,209 | 893 | 814 | 728 | -30.9% |
| United States | 845 | 119 | 408 | 590 | -11.3% |
| Colombia | N/A | 76.8 | 83.7 | N/A | 9.0% |
| Malaysia | N/A | 877 | 931 | N/A | 6.2% |
| Papua New Guinea | 202 | N/A | N/A | N/A | 0% |
| Singapore | N/A | N/A | 1,076 | N/A | 0% |
| Tonga | N/A | 5.2 | N/A | N/A | 0% |
| Others | N/A | 396 | N/A | N/A | 0% |
| Total | 5,081 | 4,123 | 5,437 | 3,568 | -11.1% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from New Zealand in 2022:
- United States (1.0 units)
- Canada (1.0 units)
- Australia (1.0 units)
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