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

Contents:

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

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

The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $13,325 per unit in 2022, waning by -54.9% against the previous year. Overall, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 30% against the previous year. Over the period under review, average import prices attained the maximum at $67,065 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($61,405 per unit), while the price for Italy ($121 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+43.9%), 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 Serbia (FOB) - 2022

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $342 per unit, which is down by -93.6% against the previous year. Over the period under review, the export price, however, showed a significant increase. The pace of growth was the most pronounced in 2020 an increase of 6,225% against the previous year. Over the period under review, the average export prices attained the peak figure at $10,609 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($567 per unit), while the average price for exports to Switzerland totaled $116 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+1,263.8%), 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 Serbia

Imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW into Serbia dropped remarkably to 5 units in 2022, declining by -72.2% compared with 2021. Over the period under review, imports saw a significant decline. The smallest decline of -22% was in 2020. Over the period under review, imports of attained the peak figure at 50 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW contracted remarkably to $67K in 2022. In general, imports continue to indicate a dramatic slump. The smallest decline of -5.7% was in 2020. Imports peaked at $2.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia72751014861.4-56.1%
Poland0.30.81.74.0137.1%
Germany25814314.21.0-84.3%
Italy0.32.80.80.1-30.7%
United States22.47.21.10.1-83.5%
Spain0.60.80.5N/A-8.7%
New Zealand1.11.30.7N/A-20.2%
Switzerland0.10.10.1N/A0.0%
Bosnia and Herzegovina90.410.09.2N/A-68.1%
China1,3501,699117N/A-70.6%
Austria97.014294.5N/A-1.3%
Czech Republic21484.9144N/A-18.0%
Netherlands1.70.6N/AN/A-64.7%
Others2.02.90.6N/A-45.2%
Total2,7652,60653266.6-71.1%

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

  1. United States (1.0 units)
  2. Slovenia (1.0 units)
  3. Poland (1.0 units)
  4. Germany (1.0 units)
  5. Italy (1.0 units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW, when their volume decreased by -75% to 2 units. In general, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 8 units, and then shrank markedly in the following year.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW dropped remarkably to $683 in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 7,490%. The exports peaked at $43K in 2021, and then dropped significantly in the following year.

Export of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and HerzegovinaN/AN/A0.20.6200.0%
SwitzerlandN/AN/AN/A0.10%
Norway0.15.628.8N/A1597.1%
SloveniaN/A0.20.2N/A0.0%
United KingdomN/AN/A13.2N/A0%
MontenegroN/A0.10.2N/A100.0%
ItalyN/A0.10.4N/A300.0%
OthersN/A0.3N/AN/A0%
Total0.16.343.00.791.3%

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

  1. Switzerland (1.0 units)
  2. Bosnia and Herzegovina (1.0 units)

Source: IndexBox Market Intelligence Platform

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