Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Australia - 2023

Contents:

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

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

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $725 per unit, which is down by -53.3% against the previous year. In general, the export price recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2017 an increase of 692% against the previous year. Over the period under review, the average export prices hit record highs at $6,923 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($2,313 per unit), while the average price for exports to Oman ($276 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 Thailand (+43.6%), while the prices for the other major destinations experienced a decline.

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

The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $148 per unit in 2022, declining by -88.4% against the previous year. In general, the import price recorded a sharp descent. The most prominent rate of growth was recorded in 2015 an increase of 157% against the previous year. As a result, import price reached the peak level of $11,118 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 New Zealand ($2,186 per unit), while the price for the Czech Republic ($98 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+114.4%), while the prices for the other major suppliers experienced a decline.

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

Exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW from Australia soared to 452 units in 2022, jumping by 225% on the previous year's figure. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW soared to $328K in 2022. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 68%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Oman (339.0 units)
2. New Zealand (55.0 units)
3. Papua New Guinea (47.0 units)
4. Thailand (6.0 units)
5. United States (2.0 units)

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Australia

In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW imported into Australia soared to 111 units, increasing by 131% compared with 2021 figures. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 136%. 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 not exceeding 1000kW dropped significantly to $16K in 2022. Over the period under review, imports, however, faced a significant decline. The growth pace was the most rapid in 2020 with an increase of 256% against the previous year. As a result, imports reached the peak of $262K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Czech Republic (101.0 units)
2. Italy (8.0 units)
3. New Zealand (2.0 units)

Source: IndexBox Market Intelligence Platform