Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Argentina - 2022

Contents:

1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Argentina (CIF) - 2022
2. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Argentina (FOB) - 2022
3. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Argentina
4. Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Argentina

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Argentina (CIF) - 2022

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $13,028 per unit, jumping by 1,797% against the previous year. Overall, the import price showed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($38,695 per unit), while the price for China ($539 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Argentina (FOB) - 2022

The average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $1,099 per unit in 2022, falling by -14.7% against the previous year. Over the period under review, the export price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 1,482% against the previous year. As a result, the export price reached the peak level of $10,251 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,025 per unit), while the average price for exports to Brazil ($8 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 South Korea (+55.3%), 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 Not Exceeding 1000kW in Argentina

Imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW into Argentina soared to 19 units in 2022, picking up by 58% against the previous year's figure. In general, total imports indicated a significant increase from 2021 to 2022: its volume increased at an average annual rate of +58.3% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $248K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Argentina in 2022:

1. United States (10.0 units)
2. Finland (6.0 units)
3. China (3.0 units)

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Argentina

In 2022, shipments abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by 0% to 24 units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.0% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW fell to $26K in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 526%. Over the period under review, the exports of reached the peak figure at $31K in 2021, and then fell in the following year.

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW from Argentina in 2022:

1. Chile (7.0 units)
2. United Arab Emirates (4.0 units)
3. Brazil (1.0 units)
4. Netherlands (1.0 units)
5. Peru (1.0 units)
6. Singapore (1.0 units)
7. Denmark (1.0 units)
8. Costa Rica (1.0 units)
9. United States (1.0 units)
10. Paraguay (1.0 units)
11. Germany (1.0 units)
12. South Korea (1.0 units)
13. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform