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

Contents:

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

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

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $4,294 per unit, shrinking by -2.9% against the previous year. In general, the export price saw a deep downturn. The growth pace was the most rapid in 2019 an increase of 337%. Over the period under review, the average export prices hit record highs at $32,726 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($11,593 per unit), while the average price for exports to Cabo Verde ($144 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 Algeria (+48.4%), 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 Portugal (CIF) - 2022

The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $2,699 per unit in 2022, which is down by -67.3% against the previous year. Overall, the import price saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 410% against the previous year. Over the period under review, average import prices attained the peak figure at $85,570 per unit in 2014; however, from 2015 to 2022, 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 Spain ($13,543 per unit), while the price for India ($23 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.3%), 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 Portugal

In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW exported from Portugal soared to 8 units, rising by 33% against the year before. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 +33.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 50%. As a result, the exports attained the peak of 9 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW skyrocketed to $34K in 2022. In general, exports, however, faced a sharp decline. The exports peaked at $93K 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 Portugal in 2022:

1. France (2.0 units)
2. Brazil (1.0 units)
3. Angola (1.0 units)
4. Algeria (1.0 units)
5. United Kingdom (1.0 units)
6. Cabo Verde (1.0 units)
7. Mozambique (1.0 units)

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

In 2022, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kw into Portugal soared to 8 units, growing by 60% against the previous year's figure. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW dropped sharply to $22K in 2022. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 615%. As a result, imports attained the peak of $92K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Netherlands (1.0 units)
2. India (1.0 units)
3. United Kingdom (1.0 units)
4. Germany (1.0 units)
5. Switzerland (1.0 units)
6. China (1.0 units)
7. New Zealand (1.0 units)
8. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform