Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Myanmar - 2022
Contents:
- Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Myanmar (CIF) - 2022
- Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Myanmar
Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Myanmar (CIF) - 2022
The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $674 per unit in 2022, surging by 32% against the previous year. Over the period under review, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 62% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
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 China ($676 per unit), while the price for Thailand amounted to $75 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+47.8%), 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 Myanmar
Imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW into Myanmar skyrocketed to 274 units in 2022, growing by 552% against 2021. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 590%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $185K in 2022. In general, imports showed a significant increase. As a result, imports attained 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 Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.6 | 48.6 | 16.5 | 185 | 220.9% |
| Thailand | 2.2 | 2.2 | 0.6 | 0.1 | -64.3% |
| Others | 3.3 | 5.1 | 4.2 | N/A | 12.8% |
| Total | 11.1 | 55.8 | 21.4 | 185 | 155.4% |
Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to Myanmar in 2022:
- China (273.0 units)
- Thailand (1.0 units)
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