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

Contents:

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

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

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $6,064 per unit in 2022, with a decrease of -53.4% against the previous year. In general, the import price, however, showed prominent growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 5,905%. Over the period under review, average import prices attained the peak figure at $30,000 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +574.3% per year.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Dominican Republic (FOB) - 2022

The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $839 per unit in 2022, jumping by 599% against the previous year. Over the period under review, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2013 an increase of 24,900% against the previous year. The export price peaked at $42,165 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +96.1% per year.

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

In 2022, purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by -91.7% to 1 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 500%. As a result, imports reached the peak of 12 units, and then fell markedly in the following year.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs fell markedly to $6.1K in 2022. In general, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 35,931%. As a result, imports reached the peak of $156K, and then dropped rapidly in the following year.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.5N/A98.16.1-13.7%
Trinidad and TobagoN/AN/A4.6N/A0%
NetherlandsN/AN/A0.3N/A0%
Canada20.70.453.0N/A60.0%
OthersN/AN/AN/AN/A0%
Total30.20.41566.1-41.3%

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

  1. United States (1.0 units)

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

In 2022, shipments abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs decreased by -50% to 1 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a sharp downturn. The exports peaked at 5 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs soared to $839 in 2022. In general, exports continue to indicate a dramatic shrinkage. Over the period under review, the exports of attained the maximum at $3.5K in 2019; however, from 2020 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 the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.51.40.20.8-38.9%
BrazilN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.51.40.20.8-38.9%

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

  1. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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