Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Norway - 2024

Contents:

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

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

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $11,248 per unit, with an increase of 44% against the previous year. Overall, the import price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 2,775%. As a result, import price reached the peak level of $37,854 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($61,517 per unit), while the price for Poland ($896 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Serbia (+41.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $11,767 per unit in 2022, standing approx. at the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -12.6% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 115%. Over the period under review, the average export prices attained the peak figure at $13,459 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($19,459 per unit), while the average price for exports to Poland ($4,639 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 Turkey (+134.9%), 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 Norway

In 2022, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW into Norway soared to 48 units, with an increase of 109% on the previous year. Over the period under review, imports, however, faced a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 229%. Over the period under review, imports of reached the peak figure at 80 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $540K in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (21.0 units)
2. Sweden (10.0 units)
3. France (3.0 units)
4. China (3.0 units)
5. New Zealand (3.0 units)
6. Italy (2.0 units)
7. Serbia (2.0 units)
8. Czech Republic (1.0 units)
9. Lithuania (1.0 units)
10. Poland (1.0 units)

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

In 2022, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW from Norway dropped rapidly to 24 units, with a decrease of -74.5% on the year before. Overall, exports showed a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 169%. As a result, the exports reached the peak of 94 units, and then dropped notably in the following year.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW declined remarkably to $282K in 2022. In general, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 145% against the previous year. As a result, the exports reached the peak of $1.1M, and then reduced notably in the following year.

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

1. United Kingdom (7.0 units)
2. Oman (5.0 units)
3. Poland (4.0 units)
4. Turkey (3.0 units)
5. Namibia (3.0 units)
6. Georgia (1.0 units)
7. Denmark (1.0 units)

Source: IndexBox Market Intelligence Platform