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

Contents:

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

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

In 2022, the average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW amounted to $3,516 per unit, with a decrease of -11.3% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 320%. As a result, the export price attained the peak level of $23,736 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($13,763 per unit), while the average price for exports to the Czech Republic ($744 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 Japan (+5.2%), 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 the United States (CIF) - 2022

The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $3,777 per unit in 2022, with an increase of 165% against the previous year. Overall, the import price, however, saw a pronounced descent. Over the period under review, average import prices attained the maximum at $6,571 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($12,500 per unit), while the price for Austria ($1,059 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.7%), 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 the United States

In 2022, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW from the United States contracted notably to 1.3K units, dropping by -39% compared with the previous year. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 230% against the previous year. As a result, the exports reached the peak of 2.1K units, and then reduced dramatically in the following year.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW declined remarkably to $4.6M in 2022. In general, exports recorded a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 103% against the previous year. As a result, the exports attained the peak of $15M. 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 the United States in 2022:

1. Italy (256.0 units)
2. Mexico (187.0 units)
3. Japan (126.0 units)
4. Aruba (118.0 units)
5. United Arab Emirates (87.0 units)
6. Australia (62.0 units)
7. China (53.0 units)
8. Netherlands (39.0 units)
9. Chile (38.0 units)
10. Canada (36.0 units)
11. United Kingdom (27.0 units)
12. Czech Republic (25.0 units)

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

In 2022, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kw into the United States dropped markedly to 59 units, with a decrease of -93.5% against 2021 figures. In general, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 529% against the previous year. As a result, imports reached the peak of 912 units, and then fell sharply in the following year.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW fell sharply to $223K in 2022. Over the period under review, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 360% against the previous year. As a result, imports reached the peak of $1.3M, and then fell remarkably in the following year.

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

1. Taiwan (Chinese) (25.0 units)
2. China (13.0 units)
3. United Kingdom (8.0 units)
4. Austria (4.0 units)
5. Australia (2.0 units)
6. Singapore (2.0 units)
7. Canada (1.0 units)
8. Poland (1.0 units)
9. India (1.0 units)
10. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform