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

Contents:

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

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

The average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $3,067 per unit in 2022, picking up by 24% against the previous year. Over the period under review, the export price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 an increase of 233%. Over the period under review, the average export prices attained the maximum at $26,096 per unit in 2013; however, from 2014 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 Nepal ($5,442 per unit), while the average price for exports to China ($419 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 South Korea (+94.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $78 per unit, declining by -99.7% against the previous year. Overall, the import price continues to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2019 an increase of 12,208%. As a result, import price attained the peak level of $199,222 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +56.2% per year.

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

In 2022, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kw from India rose sharply to 1K units, with an increase of 8% compared with 2021. The total export volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW skyrocketed to $3.2M in 2022. In general, exports, however, saw a pronounced setback. Over the period under review, the exports of attained the maximum at $3.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Vietnam (434.0 units)
2. China (175.0 units)
3. United States (143.0 units)
4. South Korea (110.0 units)
5. Nigeria (60.0 units)
6. Albania (50.0 units)
7. Nepal (35.0 units)

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

In 2022, purchases abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -83.3% to 2 units, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 14%. As a result, imports reached the peak of 16 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW declined rapidly to $155 in 2022. In general, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. As a result, imports attained the peak of $3.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. France (2.0 units)

Source: IndexBox Market Intelligence Platform