Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Norway - 2023

Contents:

1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Norway (CIF) - 2022
2. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Norway (FOB) - 2022
3. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Norway
4. Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Norway

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Norway (CIF) - 2022

The average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $356,241 per unit in 2022, jumping by 4,222% against the previous year. Overall, the import price saw a perceptible increase. Over the period under review, average import prices hit record highs at $481,542 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($439,046 per unit), while the price for Serbia stood at $107,825 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+6,205.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Norway (FOB) - 2022

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $101,831 per unit, with a decrease of -67.2% against the previous year. Overall, the export price, however, saw prominent growth. The pace of growth was the most pronounced in 2021 an increase of 3,209% against the previous year. As a result, the export price attained the peak level of $309,998 per unit, and then dropped rapidly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +46.7% per year.

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Norway

In 2022, purchases abroad of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW decreased by -66.7% to 4 units, falling for the second year in a row after two years of growth. In general, imports saw a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 18%. As a result, imports reached the peak of 13 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW skyrocketed to $1.4M in 2022. Over the period under review, imports recorded a abrupt decline. Over the period under review, imports of hit record highs at $2.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW to Norway in 2022:

1. Germany (3.0 units)
2. Serbia (1.0 units)

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Norway

In 2022, overseas shipments of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW decreased by -80% to 1 units, falling for the second year in a row after two years of growth. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 200% against the previous year. As a result, the exports reached the peak of 9 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW dropped dramatically to $102K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,739%. As a result, the exports reached the peak of $1.5M, and then contracted sharply in the following year.

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW from Norway in 2022:

1. Czech Republic (1.0 units)

Source: IndexBox Market Intelligence Platform