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

Contents:

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

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

The average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $34,934 per unit in 2022, shrinking by -37.5% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 615% against the previous year. Over the period under review, the average export prices hit record highs at $55,932 per unit in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Faroe Islands ($94,856 per unit), while the average price for exports to Norway ($6 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 Germany (+80.8%), 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 Sweden (CIF) - 2022

In 2022, the average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $41,602 per unit, increasing by 37% against the previous year. In general, the import price showed pronounced growth. The pace of growth appeared the most rapid in 2020 an increase of 1,342%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Faroe Islands ($126,479 per unit), while the price for China ($1,555 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 (+1,272.1%), 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 Sweden

In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW exported from Sweden skyrocketed to 45 units, increasing by 165% against the year before. Overall, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,333% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW surged to $1.6M in 2022. Over the period under review, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 10,155% against the previous year. As a result, the exports reached the peak of $2.2M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Portugal (13.0 units)
2. Netherlands (12.0 units)
3. Faroe Islands (10.0 units)
4. Germany (3.0 units)
5. Singapore (1.0 units)
6. Denmark (1.0 units)
7. Finland (1.0 units)
8. Lithuania (1.0 units)
9. Norway (1.0 units)
10. Bulgaria (1.0 units)

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

In 2022, purchases abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -67.4% to 14 units, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 1,075% against the previous year. As a result, imports attained the peak of 47 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW dropped notably to $582K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 16,846% against the previous year. Over the period under review, imports of reached the maximum at $1.3M in 2021, and then dropped markedly in the following year.

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

1. United States (8.0 units)
2. Faroe Islands (3.0 units)
3. New Zealand (1.0 units)
4. China (1.0 units)
5. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform