Price for Vehicles; Mobile Drilling Derricks in China - 2023
Contents:
- Price for Vehicles; Mobile Drilling Derricks in China (FOB) - 2022
- Exports of Vehicles; Mobile Drilling Derricks in China
Price for Vehicles; Mobile Drilling Derricks in China (FOB) - 2022
In 2022, the average vehicles; mobile drilling derricks export price amounted to $91,220 per unit, reducing by -18.4% against the previous year. Over the period under review, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2013 an increase of 41% against the previous year. Over the period under review, the average export prices reached the peak figure at $222,264 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($193,860 per unit), while the average price for exports to South Korea ($22,973 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 India (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Vehicles; Mobile Drilling Derricks in China
Vehicles; mobile drilling derricks exports from China expanded remarkably to 12 units in 2022, growing by 9.1% on 2021 figures. Over the period under review, exports, however, continue to indicate a precipitous descent. The exports peaked at 55 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, vehicles; mobile drilling derricks exports fell to $1.1M in 2022. In general, exports, however, saw a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 28%. Over the period under review, the exports reached the peak figure at $7.4M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Vehicles; Mobile Drilling Derricks in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | N/A | N/A | N/A | 388 | 0% |
| Guinea | 422 | N/A | N/A | 245 | -16.6% |
| Zimbabwe | N/A | N/A | 239 | 167 | -30.1% |
| Myanmar | N/A | N/A | N/A | 115 | 0% |
| South Korea | N/A | N/A | N/A | 68.9 | 0% |
| Kazakhstan | 5,069 | N/A | N/A | N/A | 0% |
| Uzbekistan | 158 | 653 | 201 | N/A | 12.8% |
| Mongolia | 32.4 | 23.9 | N/A | N/A | -26.2% |
| Philippines | N/A | N/A | 367 | N/A | 0% |
| United Arab Emirates | 794 | N/A | N/A | N/A | 0% |
| Iraq | 149 | N/A | N/A | N/A | 0% |
| Others | 773 | 283 | 423 | 110 | -47.8% |
| Total | 7,397 | 960 | 1,229 | 1,095 | -47.1% |
Top Export Markets for Vehicles; Mobile Drilling Derricks from China in 2022:
- Guinea (3.0 units)
- South Korea (3.0 units)
- Uganda (2.0 units)
- Myanmar (1.0 units)
- Zimbabwe (1.0 units)
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