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

Contents:

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

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $87,835 per unit, dropping by -38.4% against the previous year. In general, the import price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 2,590% against the previous year. The import price peaked at $142,623 per unit in 2021, and then shrank markedly in the following year.

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 Switzerland ($221,525 per unit), while the price for Italy ($19,395 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+66.4%), 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 the UK (FOB) - 2022

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $65,535 per unit, rising by 317% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. The export price peaked at $138,613 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($110,669 per unit), while the average price for exports to Argentina ($18,489 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+169.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW into the UK skyrocketed to 5 units, rising by 25% on the year before. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 300% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW shrank rapidly to $439K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,245% against the previous year. Over the period under review, imports of hit record highs at $570K in 2021, and then shrank rapidly in the following year.

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

1. Switzerland (1.0 units)
2. Germany (1.0 units)
3. Austria (1.0 units)
4. Netherlands (1.0 units)
5. Italy (1.0 units)

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

Exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW from the UK dropped markedly to 6 units in 2022, falling by -25% compared with the previous year. Over the period under review, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 167%. As a result, the exports attained the peak of 8 units, and then shrank significantly in the following year.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW soared to $393K in 2022. In general, exports, however, posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (2.0 units)
2. Argentina (1.0 units)
3. Ireland (1.0 units)
4. Chile (1.0 units)
5. France (1.0 units)

Source: IndexBox Market Intelligence Platform