Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Indonesia - 2022

Contents:

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

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $36,251 per unit, with an increase of 38% against the previous year. Overall, the import price recorded a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 71% against the previous year. Over the period under review, average import prices attained the peak figure at $41,657 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Taiwan (Chinese) ($39,963 per unit), while the price for India ($948 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+25.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $31,628 per unit, growing by 240% against the previous year. Over the period under review, the export price saw a significant expansion. The pace of growth was the most pronounced in 2014 an increase of 598%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($57,989 per unit), while the average price for exports to Germany ($2,800 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 the Philippines (+55.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -48.8% to 103 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. Imports peaked at 201 units in 2021, and then contracted markedly in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW plummeted to $3.7M in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 58%. As a result, imports reached the peak of $5.3M, and then contracted markedly in the following year.

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

1. Taiwan (Chinese) (75.0 units)
2. China (18.0 units)
3. United States (1.0 units)
4. India (1.0 units)

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

In 2022, overseas shipments of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -61.5% to 5 units for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 9.1%. The exports peaked at 13 units in 2021, and then reduced dramatically in the following year.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $158K in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

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

1. Philippines (2.0 units)
2. Japan (1.0 units)
3. Germany (1.0 units)
4. Malaysia (1.0 units)

Source: IndexBox Market Intelligence Platform