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

Contents:

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

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

The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $2,503 per unit in 2022, dropping by -28.1% against the previous year. In general, the import price faced a dramatic curtailment. The pace of growth was the most pronounced in 2018 an increase of 1,936% against the previous year. The import price peaked at $34,859 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($16,924 per unit), while the price for Spain ($3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+133.3%), 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 Denmark (FOB) - 2022

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $7,333 per unit, surging by 1,447% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. Over the period under review, the average export prices reached the peak figure at $32,128 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($12,916 per unit), while the average price for exports to Germany ($4,453 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 Vietnam (+39.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW imported into Denmark skyrocketed to 9 units, increasing by 50% compared with 2021 figures. In general, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 100%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW expanded sharply to $23K in 2022. Over the period under review, imports, however, showed a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 256%. Over the period under review, imports of hit record highs at $24K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. Italy (2.0 units)
2. Faroe Islands (2.0 units)
3. Netherlands (1.0 units)
4. United States (1.0 units)
5. China (1.0 units)
6. Norway (1.0 units)
7. Spain (1.0 units)

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

In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW exported from Denmark surged to 3 units, growing by 200% against 2021. In general, exports continue to indicate a significant increase. 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 skyrocketed to $22K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (1.0 units)
2. South Korea (1.0 units)
3. Croatia (1.0 units)

Source: IndexBox Market Intelligence Platform