Sweden - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Sweden - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights

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Steam Turbine Price in Sweden - 2023

Contents:

  1. Steam Turbine Price in Sweden (FOB) - 2022
  2. Steam Turbine Price in Sweden (CIF) - 2022
  3. Steam Turbine Exports in Sweden
  4. Steam Turbine Imports in Sweden

Steam Turbine Price in Sweden (FOB) - 2022

In 2022, the average steam turbine export price amounted to $122,501 per unit, shrinking by -42.5% against the previous year. Over the period under review, the export price faced a sharp decrease. The pace of growth was the most pronounced in 2019 an increase of 419%. The export price peaked at $1,720,582 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($735,052 per unit), while the average price for exports to India ($692 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 Libya (+79.4%), while the prices for the other major destinations experienced mixed trend patterns.

Steam Turbine Price in Sweden (CIF) - 2022

The average steam turbine import price stood at $32,397 per unit in 2022, declining by -59.8% against the previous year. Overall, the import price showed a significant contraction. The most prominent rate of growth was recorded in 2021 an increase of 4,051% against the previous year. Over the period under review, average import prices reached the peak figure at $804,671 per unit in 2014; however, from 2015 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 Iceland ($262,007 per unit), while the price for China ($248 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+957.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Steam Turbine Exports in Sweden

In 2022, approx. 16 units of steam turbines and other vapor turbines were exported from Sweden; jumping by 60% compared with 2021 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 75%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, steam turbine exports fell to $2M in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 126% against the previous year. As a result, the exports attained the peak of $2.1M, and then declined in the following year.

Export of Steam Turbine in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/AN/A1,4700%
EstoniaN/AN/AN/A3530%
Iceland52.933795394.921.5%
United Kingdom12.6N/A7.111.2-3.9%
Norway68411424.08.6-76.7%
Taiwan (Chinese)N/AN/AN/A6.90%
ThailandN/AN/AN/A4.80%
KazakhstanN/AN/AN/A4.50%
United StatesN/A12.0N/A4.3-40.1%
BrazilN/AN/AN/A1.40%
IndiaN/AN/AN/A0.70%
JapanN/A348165N/A-52.6%
Australia0.1N/AN/AN/A0%
Others342133983N/A69.5%
Total1,0929432,1311,96021.5%

Top Export Markets for Steam Turbine from Sweden in 2022:

  1. United States (2.0 units)
  2. United Kingdom (2.0 units)
  3. Norway (2.0 units)
  4. Thailand (2.0 units)
  5. Lithuania (2.0 units)
  6. Brazil (1.0 units)
  7. Estonia (1.0 units)
  8. Taiwan (Chinese) (1.0 units)
  9. Iceland (1.0 units)
  10. India (1.0 units)
  11. Kazakhstan (1.0 units)

Steam Turbine Imports in Sweden

In 2022, the amount of steam turbines and other vapor turbines imported into Sweden fell to 9 units, which is down by -10% on 2021 figures. Over the period under review, imports showed a dramatic curtailment. The pace of growth was the most pronounced in 2021 with an increase of 150% against the previous year. Over the period under review, imports hit record highs at 51 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, steam turbine imports fell remarkably to $292K in 2022. Overall, imports saw a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 10,278%. Imports peaked at $6.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Steam Turbine in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IcelandN/AN/A22326217.5%
GermanyN/AN/A53724.7-95.4%
Estonia431N/AN/A3.9-79.2%
United KingdomN/AN/A1.30.5-61.5%
ChinaN/A3.70.90.5-63.2%
Spain992N/AN/AN/A0%
Norway7.3N/A42.7N/A141.9%
Czech Republic5,216N/AN/AN/A0%
Others71.34.10.1N/A-96.3%
Total6,7177.8805292-64.8%

Top Suppliers of Steam Turbine to Sweden in 2022:

  1. Estonia (3.0 units)
  2. Germany (2.0 units)
  3. China (2.0 units)
  4. United Kingdom (1.0 units)
  5. Iceland (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the steam turbine market in Sweden. 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:

  • Sweden

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sweden
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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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...

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Free Data: Steam Turbines And Other Vapor Turbines - Sweden