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

Contents:

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

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

The average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $1,452 per unit in 2022, falling by -26.4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 522% against the previous year. As a result, the export price reached the peak level of $10,649 per unit. From 2018 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($2,492 per unit), while the average price for exports to the UK ($1,041 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 France (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $2,412 per unit, shrinking by -74.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 484%. As a result, import price reached the peak level of $9,406 per unit, and then shrank significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($3,639 per unit), while the price for Italy ($109 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW from New Zealand soared to 84 units in 2022, with an increase of 140% against the year before. Overall, exports recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 3,400%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $122K in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 7,434% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A18.353.1190.2%
United States58.5N/A4.212.7-39.9%
IrelandN/AN/A6.012.5108.3%
LebanonN/AN/AN/A7.40%
SpainN/AN/A3.76.370.3%
Australia50.1N/A15.95.6-51.8%
NorwayN/AN/A3.34.742.4%
FranceN/AN/A1.54.2180.0%
MexicoN/AN/A1.73.394.1%
RomaniaN/AN/A1.62.131.3%
VanuatuN/AN/A6.7N/A0%
Canada12.9N/A4.4N/A-41.6%
Others0.20.91.710.1269.6%
Total1220.969.01220.0%

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

  1. United Kingdom (51.0 units)
  2. United States (7.0 units)
  3. Ireland (5.0 units)
  4. Spain (4.0 units)
  5. Lebanon (3.0 units)
  6. Norway (3.0 units)
  7. Romania (2.0 units)
  8. Mexico (2.0 units)
  9. France (2.0 units)
  10. Australia (1.0 units)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW, when their volume decreased by -38.5% to 24 units. In general, imports, however, continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of 39 units, and then shrank dramatically in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW declined sharply to $58K in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 849% against the previous year. As a result, imports reached the peak of $367K, and then reduced remarkably in the following year.

Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/A3.343.71224.2%
United States1.919.432.311.381.2%
FranceN/AN/AN/A1.60%
United KingdomN/A0.1N/A1.1231.7%
ItalyN/AN/AN/A0.20%
Thailand4.5N/AN/AN/A0%
China22.813.71.2N/A-77.1%
Czech RepublicN/AN/A114N/A0%
CanadaN/AN/A29.6N/A0%
OthersN/A5.3186N/A3409.4%
Total29.238.636757.925.6%

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

  1. Australia (12.0 units)
  2. United States (8.0 units)
  3. Italy (2.0 units)
  4. United Kingdom (1.0 units)
  5. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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