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

Contents:

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

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

The average import price for turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW stood at $3,286,637 per unit in 2022, increasing by 1,032% against the previous year. Over the period under review, the import price recorded a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($6,573,447 per unit), while the price for the Czech Republic ($258,588 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power exceeding 10000kW imported into Vietnam dropped rapidly to 4 units, which is down by -77.8% compared with 2021. In general, imports saw a precipitous setback. The pace of growth was the most pronounced in 2021 when imports increased by 5.9%. Over the period under review, imports of reached the peak figure at 36 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 skyrocketed to $13M in 2022. Over the period under review, imports faced a deep contraction. Imports peaked at $19M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Exceeding 10000kW in Vietnam (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.21.10.66.6-13.5%
India2.40.60.56.337.9%
Czech Republic0.10.10.10.344.2%
Spain0.20.10.1N/A-29.3%
Thailand2.00.91.5N/A-13.4%
Germany0.50.20.6N/A9.5%
SwitzerlandN/AN/AN/AN/A0%
Austria0.1N/A0.1N/A0.0%
United StatesN/AN/AN/AN/A0%
France0.1N/AN/AN/A0%
SingaporeN/AN/AN/AN/A0%
ItalyN/AN/AN/AN/A0%
Russia3.81.41.7N/A-33.1%
OthersN/AN/AN/AN/A0%
Total19.44.55.213.1-12.3%

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

  1. India (2.0 units)
  2. China (1.0 units)
  3. Czech Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

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