Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Serbia - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Serbia (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Serbia (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Serbia
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Serbia
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Serbia (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 $120,174 per unit, with an increase of 2,944% against the previous year. Over the period under review, the import price posted a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 85,355% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
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 ($142,824 per unit), while the price for Germany amounted to $6,926 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+31.6%), 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 Serbia (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $5,429 per unit in 2022, jumping by 30% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 2,418% against the previous year. Over the period under review, the average export prices hit record highs at $150,273 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9,991 per unit), while the average price for exports to Germany amounted to $866 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+46.4%), 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 Serbia
In 2022, approx. 6 units of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs were imported into Serbia; dropping by -53.8% on the year before. Overall, imports recorded a sharp curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 18% against the previous year. Imports peaked at 246 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 $721K in 2022. Over the period under review, imports recorded a significant curtailment. Over the period under review, imports of reached the maximum at $17M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3,317 | 13.8 | 10.3 | 714 | -40.1% |
| Germany | 536 | 2.8 | 0.4 | 6.9 | -76.6% |
| Japan | 455 | 4.3 | 1.1 | N/A | -95.1% |
| Switzerland | 255 | 2.6 | 0.9 | N/A | -94.1% |
| United Kingdom | 3,468 | 26.0 | 5.4 | N/A | -96.1% |
| France | 6,971 | 68.9 | 27.0 | N/A | -93.8% |
| Turkey | 228 | 0.3 | N/A | N/A | -99.9% |
| Others | 1,482 | 3.8 | 6.2 | N/A | -93.5% |
| Total | 16,712 | 123 | 51.3 | 721 | -64.9% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Serbia in 2022:
- United States (5.0 units)
- Germany (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Serbia
Exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs from Serbia shrank markedly to 2 units in 2022, dropping by -75% compared with 2021. Over the period under review, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. The exports peaked at 13 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs reduced remarkably to $11K in 2022. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 457% against the previous year. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.2 | 55.3 | 21.5 | 10.0 | 11.6% |
| Germany | 90.3 | 0.8 | 0.3 | 0.9 | -78.5% |
| Cameroon | 43.1 | N/A | N/A | N/A | 0% |
| Belgium | N/A | 969 | N/A | N/A | 0% |
| Bosnia and Herzegovina | 10.1 | 10.5 | 2.0 | N/A | -55.5% |
| Croatia | 0.5 | 0.8 | 0.3 | N/A | -22.5% |
| Montenegro | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Hungary | N/A | N/A | 3.4 | N/A | 0% |
| India | 25.9 | N/A | N/A | N/A | 0% |
| Italy | 11.5 | 15.9 | 5.3 | N/A | -32.1% |
| Brazil | N/A | N/A | 0.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 189 | 1,052 | 33.4 | 10.9 | -61.4% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Serbia in 2022:
- United States (1.0 units)
- Germany (1.0 units)
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