Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Philippines - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Philippines (CIF) - 2023
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Philippines (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Philippines
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Philippines
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Philippines (CIF) - 2023
In November 2023, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs amounted to $5.8M per unit, surging by 3.3% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($5.8M per unit), while the price for Singapore totaled $5.8M per unit.
From June 2023 to November 2023, the most notable rate of growth in terms of prices was attained by Singapore (+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 the Philippines (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs stood at $42,515 per unit in 2022, falling by -63.3% against the previous year. Over the period under review, the export price, however, showed significant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 130% against the previous year. The export price peaked at $115,951 per unit in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($59,289 per unit), while the average price for exports to Indonesia ($885 per unit) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+363.2%), 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 the Philippines
In 2022, the amount of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs imported into the Philippines stood at 290 units, almost unchanged from 2021 figures. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,100% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kWs surged to $72M in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 19,096%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | 0.1 | 1.9 | 36.4 | 1807.9% |
| United States | 0.1 | N/A | N/A | 23.3 | 515.3% |
| Slovenia | N/A | N/A | 41.8 | 11.2 | -73.2% |
| United Kingdom | 1.3 | 0.1 | 5.6 | N/A | 107.5% |
| Others | 1.0 | N/A | 0.6 | 1.4 | 11.9% |
| Total | 2.3 | 0.3 | 49.9 | 72.3 | 215.6% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW to the Philippines in 2022:
- Singapore (210.0 units)
- Slovenia (59.0 units)
- United States (13.0 units)
- United Kingdom (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW in the Philippines
In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power not exceeding 5000kws from the Philippines skyrocketed to 15 units, increasing by 36% against 2021 figures. Over the period under review, total exports indicated a significant expansion from 2021 to 2022: its volume increased at an average annual rate of +36.4% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 contracted markedly to $638K in 2022. In general, exports, however, saw a precipitous contraction. Over the period under review, the exports of attained the maximum at $1.3M in 2021, 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 the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Kingdom | 237 | 296 | 24.9% | ||
| India | N/A | 218 | 0% | ||
| Singapore | 226 | 95.6 | -57.7% | ||
| Germany | 16.1 | 14.1 | -12.4% | ||
| Canada | 687 | 11.5 | -98.3% | ||
| Netherlands | 1.3 | 1.4 | 7.7% | ||
| Indonesia | N/A | 0.9 | 0% | ||
| Others | 108 | N/A | 0% | ||
| Total | 1,275 | 638 | -50.0% | ||
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Not Exceeding 5000kW from the Philippines in 2022:
- United Kingdom (5.0 units)
- India (4.0 units)
- Singapore (2.0 units)
- Canada (1.0 units)
- Netherlands (1.0 units)
- Indonesia (1.0 units)
- Germany (1.0 units)
284
This report provides an in-depth analysis of the gas turbine market in the Philippines.
401
This report provides an in-depth analysis of the market for turbo-jet (under 25 kn) in the Philippines.
462
This report provides an in-depth analysis of the market for turbo-jet (over 25 kn) in the Philippines.
377
This report provides an in-depth analysis of the market for turbo-propeller (over 1100 kw) in the Philippines.
465
This report provides an in-depth analysis of the market for turbo-propeller (under 1100 kw) in the Philippines.
312
This report provides an in-depth analysis of the turbo-jets and turbo-propellers market in the Philippines.
685
Global Gas Turbine Market Report 2018. This report provides an in-depth analysis of the global gas turbine market.
678
This report provides an in-depth analysis of the global market for turbo-jet (under 25 kn).
1294
This report provides an in-depth analysis of the global market for turbo-jet (over 25 kn).
682
This report provides an in-depth analysis of the global market for turbo-propeller (over 1100 kw).
1149
In value terms, lignite imports amounted to $X in 2016. Overall, lignite imports continue to indicate a skyrocketing growth. Global lignite import peaked of $X in 2014; however, from 2015 to X>
1527
In value terms, lignite exports totaled $X in 2016. In general, lignite exports continue to indicate a skyrocketing expansion. Over the period under review, global lignite exports reached its maxim...
289
Discover the top import markets for turbo-jets (over 25 kN) around the world. Learn about the key statistics and import values of countries such as the United Kingdom, Hong Kong SAR, United States, and more.
2091
In 2016, the amount of turbo-jet imported worldwide totaled X tons, rising by X% against the previous year figure. Overall, turbo-jet imports continue to indicate a mild contraction. The growth p...
1989
In 2016, the amount of turbo-jet imported worldwide totaled X tons, rising by X% against the previous year figure. Overall, turbo-jet imports continue to indicate a mild contraction. The growth p...
97
Explore the top import markets for Turbo-Propellers under 1100 kW, including the United States, Germany, Switzerland, and more. Learn about the key statistics and data from IndexBox platform.
1149
In value terms, lignite imports amounted to $X in 2016. Overall, lignite imports continue to indicate a skyrocketing growth. Global lignite import peaked of $X in 2014; however, from 2015 to X>
1527
In value terms, lignite exports totaled $X in 2016. In general, lignite exports continue to indicate a skyrocketing expansion. Over the period under review, global lignite exports reached its maxim...
289
Discover the top import markets for turbo-jets (over 25 kN) around the world. Learn about the key statistics and import values of countries such as the United Kingdom, Hong Kong SAR, United States, and more.
2091
In 2016, the amount of turbo-jet imported worldwide totaled X tons, rising by X% against the previous year figure. Overall, turbo-jet imports continue to indicate a mild contraction. The growth p...
