Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Ethiopia - 2022
Contents:
- Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Ethiopia (CIF) - 2022
- Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Ethiopia
Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Ethiopia (CIF) - 2022
In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $22,536 per unit, jumping by 3,677% against the previous year. Over the period under review, the import price posted a prominent increase. As a result, import price attained 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 South Korea ($42,043 per unit), while the price for China ($2,096 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3,904.1%), 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 Not Exceeding 1000kW in Ethiopia
In 2022, approx. 4 units of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW were imported into Ethiopia; with a decrease of -50% against 2021 figures. In general, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by 14% against the previous year. Over the period under review, imports of hit record highs at 8 units in 2021, and then contracted dramatically in the following year.
In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW skyrocketed to $90K in 2022. Over the period under review, imports, however, saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | N/A | N/A | 1.1 | 84.1 | 7545.5% |
| United Arab Emirates | N/A | 0.9 | N/A | 4.0 | 110.8% |
| China | 0.6 | 0.7 | 0.1 | 2.1 | 51.8% |
| Denmark | 0.5 | 0.7 | 0.1 | N/A | -55.3% |
| Japan | 0.7 | 1.3 | 0.3 | N/A | -34.5% |
| France | 8.9 | 14.2 | 2.6 | N/A | -46.0% |
| India | 1.1 | 1.8 | 0.4 | N/A | -39.7% |
| Italy | 0.1 | 1.7 | 0.3 | N/A | 73.2% |
| Saudi Arabia | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.8 | 21.4 | 4.8 | 90.1 | 96.9% |
Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Ethiopia in 2022:
- South Korea (2.0 units)
- United Arab Emirates (1.0 units)
- China (1.0 units)
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