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

Contents:

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

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

In 2021, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $1,726 per unit, reducing by -94.4% against the previous year. Overall, the import price faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 a decrease of -22.4% against the previous year. Over the period under review, average import prices hit record highs at $39,927 per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From 2019 to 2021, the rate of growth in terms of prices for Sweden amounted to -37.1% per year.

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

For the third consecutive year, Finland recorded decline in purchases abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW, which decreased by 99.9% to less than 0.1 units in 2022. In general, imports saw a precipitous contraction. The smallest decline of -50% was in 2021. Imports peaked at 6 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW fell sharply to $382 in 2022. Over the period under review, imports showed a sharp descent. The smallest decline of -74.1% was in 2020. Imports peaked at $240K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Finland (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Sweden4.4N/A1.7-37.8%
Norway0.1N/AN/A0%
SwitzerlandN/A52.0N/A0%
China3.0N/AN/A0%
Czech Republic213N/AN/A0%
Canada18.89.9N/A-47.3%
OthersN/AN/AN/A0%
Total24062.01.7-91.6%

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

  1. Sweden (1.0 units)

Source: IndexBox Market Intelligence Platform

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