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

Contents:

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

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $307,860 per unit, leveling off at the previous year. Overall, the import price enjoyed a significant increase. The pace of growth appeared the most rapid in 2019 an increase of 15,995%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($350,000 per unit), while the price for Mexico amounted to $265,720 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+41.7%), while the prices for the other major suppliers experienced a decline.

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

The average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $492 per unit in 2022, standing approx. at the previous year. Overall, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 a decrease of -99.1%. Over the period under review, the average export prices reached the peak figure at $12,500 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Venezuela amounted to -11.6% per year.

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

For the third year in a row, Panama recorded decline in supplies from abroad of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW, which decreased by 0% to 2 units in 2022. Overall, imports showed a significant curtailment. The smallest decline of -18.2% was in 2020. Over the period under review, imports of attained the peak figure at 11 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW totaled $616K in 2022. Over the period under review, imports showed a pronounced descent. The smallest decline of -99.9% was in 2020. Imports peaked at $681K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Czech Republic (1.0 units)
2. Mexico (1.0 units)

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

In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW exported from Panama stood at 1 units, almost unchanged from 2021. In general, exports showed a dramatic shrinkage. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the peak figure at 2 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $492 in 2022. Over the period under review, exports continue to indicate a dramatic descent. The smallest decline of 99.9% was in 2021. The exports peaked at $985 in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

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

1. Venezuela (1.0 units)

Source: IndexBox Market Intelligence Platform