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

Contents:

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

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

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $11,117 per unit, picking up by 3,584% against the previous year. In general, the export price, however, continues to indicate a slight slump. The export price peaked at $34,875 per unit in 2019; however, from 2020 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 the United Arab Emirates ($28,032 per unit), while the average price for exports to Saint Helena, Ascension and Tristan da Cunha ($1.2 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 Canada (+50.0%), 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 South Africa (CIF) - 2022

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $141 per unit, reducing by -71.8% against the previous year. Overall, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average import price increased by 1,053% against the previous year. Over the period under review, average import prices hit record highs at $1,915 per unit in 2014; however, from 2015 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 France ($499 per unit), while the price for the Netherlands ($58 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+32.0%), 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 South Africa

In 2022, overseas shipments of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -33.3% to 36 units, falling for the second consecutive year after two years of growth. Overall, exports faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 234% against the previous year. As a result, the exports reached the peak of 207 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 soared to $400K in 2022. In general, exports faced a precipitous descent. The exports peaked at $2.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. United Arab Emirates (14.0 units)
2. Saint Helena, Ascension and Tristan da Cunha (10.0 units)
3. Democratic Republic of the Congo (4.0 units)
4. Botswana (4.0 units)
5. Lesotho (1.0 units)
6. Zimbabwe (1.0 units)
7. Namibia (1.0 units)
8. Swaziland (1.0 units)

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

Imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW into South Africa skyrocketed to 140 units in 2022, increasing by 226% against the previous year's figure. Overall, imports, however, saw a dramatic downturn. Imports peaked at 523 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 reduced to $20K in 2022. In general, imports, however, continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Imports peaked at $582K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. New Zealand (64.0 units)
2. India (32.0 units)
3. China (17.0 units)
4. Netherlands (12.0 units)
5. France (6.0 units)
6. Germany (2.0 units)

Source: IndexBox Market Intelligence Platform