Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden - 2023

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden (FOB) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden (CIF) - 2022
  3. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden
  4. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden (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 $36,053 per unit, falling by -86.7% against the previous year. Over the period under review, the export price faced a abrupt contraction. The growth pace was the most rapid in 2014 when the average export price increased by 156%. The export price peaked at $1,401,632 per unit in 2018; however, from 2019 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 Malaysia ($74,814 per unit), while the average price for exports to Japan ($3.9 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 Australia (+49.2%), while the prices for the other major destinations experienced a decline.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden (CIF) - 2022

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $33,946 per unit in 2022, which is down by -93.3% against the previous year. Overall, the import price saw a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 150%. The import price peaked at $1,980,528 per unit in 2018; however, from 2019 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 ($346,586 per unit), while the price for Norway ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden

For the fourth consecutive year, Sweden recorded growth in shipments abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs, which increased by 1,338% to 187 units in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained 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 $6.7M in 2022. In general, exports posted a moderate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A1,6460%
BrazilN/AN/AN/A5980%
Belgium6.268.3233141183.3%
ThailandN/AN/AN/A1.60%
JapanN/AN/AN/A0.10%
Others6,2503,6893,2904,355-11.3%
Total6,2563,7583,5246,7422.5%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from Sweden in 2022:

  1. Belgium (103.0 units)
  2. Japan (35.0 units)
  3. Malaysia (22.0 units)
  4. Brazil (17.0 units)
  5. Thailand (3.0 units)

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden

In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs imported into Sweden soared to 16 units, increasing by 100% compared with the previous year's figure. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue 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 contracted significantly to $543K in 2022. In general, imports, however, continue to indicate a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 0.3%. Over the period under review, imports of attained the maximum at $5.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5,371141293347-59.9%
GermanyN/AN/AN/A92.00%
JapanN/AN/AN/A59.20%
BelgiumN/A25.367.229.98.7%
United Kingdom24.42.054714.2-16.5%
Netherlands1.5N/A62.10.8-18.9%
ChinaN/AN/AN/A0.40%
Norway92.511.425.6N/A-47.4%
IrelandN/A239N/AN/A0%
Switzerland73.8N/A53.5N/A-14.9%
Czech Republic133N/AN/AN/A0%
Saudi Arabia154N/AN/AN/A0%
CanadaN/A3,6443,028N/A-16.9%
OthersN/A2.2N/AN/A0%
Total5,8504,0654,076543-54.7%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to Sweden in 2022:

  1. Japan (9.0 units)
  2. United States (1.0 units)
  3. Netherlands (1.0 units)
  4. United Kingdom (1.0 units)
  5. Germany (1.0 units)
  6. Belgium (1.0 units)
  7. China (1.0 units)
  8. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform

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