Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Pakistan - 2022

Contents:

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

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $549,286 per unit, dropping by -4.4% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW decreased by -4.7% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 51% against the previous year. Over the period under review, average import prices reached the maximum at $744,036 per unit in 2015; however, from 2016 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 China ($566,443 per unit), while the price for Germany ($32,317 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW, when their volume decreased by -67.9% to 50 units. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 97%. As a result, imports reached the peak of 156 units, and then declined notably in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW dropped sharply to $27M in 2022. Overall, imports saw a pronounced contraction. The growth pace was the most rapid in 2021 when imports increased by 97% against the previous year. As a result, imports reached the peak of $90M, and then fell rapidly in the following year.

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

1. China (47.0 units)
2. Turkey (2.0 units)
3. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform