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

Contents:

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

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

The average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $13,386 per unit in 2022, with an increase of 13% against the previous year. Over the period under review, the export price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in 2017 an increase of 17,137%. As a result, the export price attained the peak level of $26,889 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($30,210 per unit), while the average price for exports to Argentina ($28 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 New Zealand (+136.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $3,247 per unit in 2022, reducing by -77% against the previous year. In general, the import price recorded a abrupt decline. The growth pace was the most rapid in 2019 an increase of 4,829% against the previous year. Over the period under review, average import prices attained the peak figure at $75,331 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Italy ($17,530 per unit), while the price for Japan ($90 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW exported from Belgium surged to 29 units, rising by 61% compared with 2021. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,000%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW skyrocketed to $388K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 2,005%. The exports peaked in 2022 and are likely to continue growth in the near future.

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

1. Japan (8.0 units)
2. Democratic Republic of the Congo (5.0 units)
3. Thailand (4.0 units)
4. United Kingdom (2.0 units)
5. Australia (1.0 units)
6. New Zealand (1.0 units)
7. Malaysia (1.0 units)
8. France (1.0 units)
9. Congo (1.0 units)
10. China (1.0 units)
11. Chile (1.0 units)
12. Argentina (1.0 units)
13. Cote d'Ivoire (1.0 units)

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

In 2022, supplies from abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -30.4% to 16 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 350% against the previous year. Over the period under review, imports of attained the maximum at 23 units in 2021, and then reduced markedly in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW reduced notably to $52K in 2022. Overall, imports faced a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 106% against the previous year. Imports peaked at $325K in 2021, and then fell rapidly in the following year.

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

1. China (10.0 units)
2. Netherlands (1.0 units)
3. Italy (1.0 units)
4. India (1.0 units)
5. Germany (1.0 units)
6. Japan (1.0 units)
7. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform