Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW amounted to $36,819 per unit, with an increase of 1,354% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +156.4% per year.

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

The average export price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $3,518 per unit in 2022, declining by -36.8% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 6,684%. As a result, the export price attained the peak level of $5,563 per unit, and then shrank notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($9,405 per unit), while the average price for exports to Oman ($358 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 Saudi Arabia (+66.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kw into the United Arab Emirates declined sharply to 70 units, reducing by -57.3% compared with 2021. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 993%. As a result, imports reached the peak of 164 units, and then fell significantly in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW soared to $2.6M in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 2,758%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Germany (70.0 units)

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

Exports of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW from the United Arab Emirates reduced markedly to 4 units in 2022, waning by -20% compared with the previous year. Over the period under review, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 25%. Over the period under review, the exports of hit record highs at 58 units in 2019; however, from 2020 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 reduced dramatically to $14K in 2022. Overall, exports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 8,380%. Over the period under review, the exports of reached the peak figure at $28K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Bahrain (1.0 units)
2. Oman (1.0 units)
3. Saudi Arabia (1.0 units)
4. Iran (1.0 units)

Source: IndexBox Market Intelligence Platform