Republic of Korea - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSteam Turbine Price in South Korea - 2022
Contents:
- Steam Turbine Price in South Korea (CIF) - 2022
- Steam Turbine Price in South Korea (FOB) - 2022
- Steam Turbine Imports in South Korea
- Steam Turbine Exports in South Korea
Steam Turbine Price in South Korea (CIF) - 2022
The average steam turbine import price stood at $1,077,721 per unit in 2022, waning by -28.6% against the previous year. Overall, the import price recorded a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 360%. As a result, import price reached the peak level of $8,978,905 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($4,886,749 per unit), while the price for China ($1,240 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Steam Turbine Price in South Korea (FOB) - 2022
The average steam turbine export price stood at $75,931 per unit in 2022, which is down by -94% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 an increase of 1,057%. As a result, the export price attained the peak level of $1,267,631 per unit, and then shrank dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($303,654 per unit), while the average price for exports to the United States ($1 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 the United Arab Emirates (+20.5%), while the prices for the other major destinations experienced mixed trend patterns.
Steam Turbine Imports in South Korea
In 2022, supplies from abroad of steam turbines and other vapor turbines decreased by -27.8% to 26 units, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. As a result, imports attained the peak of 43 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, steam turbine imports contracted dramatically to $28M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 79% against the previous year. Imports peaked at $54M in 2021, and then dropped markedly in the following year.
Import of Steam Turbine in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.5 | 0.5 | 11.5 | 10.1 | 59.3% |
United States | 14.2 | 10.7 | 8.2 | 5.2 | -28.5% |
Poland | N/A | N/A | N/A | 4.9 | 0% |
India | 4.3 | 4.8 | 4.4 | 4.2 | -0.8% |
Japan | 4.0 | 26.4 | 19.9 | 3.6 | -3.5% |
China | N/A | 0.2 | N/A | N/A | 0% |
France | 2.6 | 3.4 | 1.4 | N/A | -26.6% |
Czech Republic | N/A | 2.8 | 9.0 | N/A | 221.4% |
Others | N/A | 0.4 | N/A | N/A | 0% |
Total | 27.6 | 49.3 | 54.3 | 28.0 | 0.5% |
Top Suppliers of Steam Turbine to South Korea in 2022:
- India (9.0 units)
- Germany (6.0 units)
- Japan (4.0 units)
- United States (2.0 units)
- Czech Republic (1.0 units)
- Poland (1.0 units)
- China (1.0 units)
Steam Turbine Exports in South Korea
In 2022, steam turbine exports from South Korea reached 19 units, picking up by 12% against the previous year's figure. Over the period under review, exports, however, recorded a pronounced decline. Over the period under review, the exports reached the maximum at 22 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, steam turbine exports dropped rapidly to $1.4M in 2022. In general, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 1,129%. As a result, the exports attained the peak of $22M, and then shrank remarkably in the following year.
Export of Steam Turbine in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 313 | 566 | 1,135 | 1,215 | 57.2% |
Pakistan | N/A | N/A | N/A | 138 | 0% |
China | 187 | 21.8 | 28.0 | 28.8 | -46.4% |
United Arab Emirates | N/A | N/A | 20,274 | 22.8 | -99.9% |
Vietnam | 5.5 | 5.3 | 13.8 | 19.3 | 52.0% |
Qatar | 5.8 | 4.5 | 6.4 | 7.1 | 7.0% |
Poland | N/A | N/A | N/A | 5.0 | 0% |
Japan | 1,647 | 1,133 | 8.5 | 2.2 | -89.0% |
Singapore | 2.4 | 0.2 | 1.5 | 1.5 | -14.5% |
Thailand | 3.0 | 0.1 | 0.1 | 1.1 | -28.4% |
United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
Ireland | N/A | N/A | N/A | N/A | 0% |
United States | N/A | N/A | N/A | N/A | 0% |
Others | 97.1 | 22.0 | 82.8 | 1.8 | -73.5% |
Total | 2,261 | 1,753 | 21,550 | 1,443 | -13.9% |
Top Export Markets for Steam Turbine from South Korea in 2022:
- Indonesia (4.0 units)
- Vietnam (2.0 units)
- Thailand (2.0 units)
- Pakistan (1.0 units)
- Qatar (1.0 units)
- Singapore (1.0 units)
- United Arab Emirates (1.0 units)
- Poland (1.0 units)
- United States (1.0 units)
- China (1.0 units)
- United Kingdom (1.0 units)
- Ireland (1.0 units)
- Japan (1.0 units)
This report provides an in-depth analysis of the steam turbine market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28112130 -
- Prodcom 28112150 -
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the steam turbine market in Republic of Korea.
This report provides an in-depth analysis of the global steam turbine market.
This report provides an in-depth analysis of the steam turbine market in Republic of Korea.
This report provides an in-depth analysis of the global steam turbine market.
In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...