U.S. - 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 the United States - 2023
Contents:
- Steam Turbine Price in the United States (FOB) - 2023
- Steam Turbine Price in the United States (CIF) - 2022
- Steam Turbine Exports in the United States
- Steam Turbine Imports in the United States
Steam Turbine Price in the United States (FOB) - 2023
In September 2023, the average steam turbine export price amounted to $37,308 per unit, picking up by 31% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 543% against the previous month. The export price peaked at $41,881 per unit in November 2022; afterwards, it flattened through to September 2023.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was South Korea ($41,742 per unit), while the average price for exports to Saudi Arabia ($3,118 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Steam Turbine Price in the United States (CIF) - 2022
The average steam turbine import price stood at $53,428 per unit in 2022, shrinking by -93.4% against the previous year. In general, the import price continues to indicate a significant decline. The most prominent rate of growth was recorded in 2021 an increase of 559%. The import price peaked at $2,390,016 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Italy ($1,739,524 per unit), while the price for China ($766 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Steam Turbine Exports in the United States
After three years of growth, shipments abroad of steam turbines and other vapor turbines decreased by -26.1% to 438 units in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 214%. Over the period under review, the exports attained the maximum at 593 units in 2021, and then fell notably in the following year.
In value terms, steam turbine exports shrank to $53M in 2022. In general, exports saw a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 4.8% against the previous year. The exports peaked at $65M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Steam Turbine in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 10.1 | 2.8 | 9.8 | 23.4 | 32.3% |
| Singapore | 0.1 | N/A | N/A | 6.2 | 295.8% |
| South Korea | 0.6 | 6.5 | 6.5 | 4.7 | 98.6% |
| Mexico | 0.2 | 2.1 | 2.3 | 3.2 | 152.0% |
| Indonesia | 0.8 | 0.1 | 0.5 | 2.6 | 48.1% |
| Bahrain | N/A | 3.3 | 0.6 | 2.5 | -13.0% |
| Italy | 2.0 | 1.1 | 2.1 | 2.3 | 4.8% |
| China | 4.3 | 3.5 | 6.6 | 2.1 | -21.3% |
| Bangladesh | N/A | 0.3 | 4.0 | 0.3 | 0.0% |
| Uruguay | N/A | N/A | N/A | 0.3 | 0% |
| Thailand | 15.7 | N/A | 0.2 | N/A | -88.7% |
| Vietnam | N/A | 2.8 | N/A | N/A | 0% |
| Oman | N/A | 0.9 | 0.4 | N/A | -55.6% |
| Others | 31.5 | 30.4 | 23.3 | 5.8 | -43.1% |
| Total | 65.3 | 53.8 | 56.4 | 53.3 | -6.5% |
Top Export Markets for Steam Turbine from the United States in 2022:
- Bahrain (196.0 units)
- Canada (51.0 units)
- Singapore (38.0 units)
- South Korea (23.0 units)
- Bangladesh (22.0 units)
- Mexico (16.0 units)
- Indonesia (13.0 units)
- Italy (10.0 units)
- Uruguay (10.0 units)
- China (10.0 units)
Steam Turbine Imports in the United States
In 2022, steam turbine imports into the United States surged to 531 units, with an increase of 1,054% on the year before. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, steam turbine imports shrank rapidly to $28M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. Imports peaked at $37M in 2021, and then shrank sharply in the following year.
| Import of Steam Turbine in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 6.3 | 2.0 | 8.2 | 8.5 | 10.5% |
| Poland | N/A | 4.6 | 0.1 | 5.1 | 5.3% |
| France | 0.4 | 0.4 | 0.9 | 3.6 | 108.0% |
| Germany | 3.7 | 6.2 | 1.7 | 2.1 | -17.2% |
| Brazil | N/A | 12.0 | 6.4 | 1.9 | -60.2% |
| Netherlands | N/A | N/A | N/A | 0.3 | 0% |
| China | 1.7 | N/A | N/A | N/A | 0% |
| Others | 9.6 | 4.2 | 19.8 | 7.0 | -10.0% |
| Total | 21.6 | 29.3 | 37.1 | 28.4 | 9.6% |
Top Suppliers of Steam Turbine to the United States in 2022:
- Poland (317.0 units)
- Brazil (106.0 units)
- Netherlands (53.0 units)
- Israel (13.0 units)
- France (10.0 units)
- China (9.0 units)
- Germany (4.0 units)
This report provides an in-depth analysis of the steam turbine market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
567
This report provides an in-depth analysis of the steam turbine market in the U.S..
1461
This report provides an in-depth analysis of the global steam turbine market.
567
This report provides an in-depth analysis of the steam turbine market in the U.S..
1461
This report provides an in-depth analysis of the global steam turbine market.
336
The exports of Steam Turbine reached a staggering value of $597K in May 2023.
682
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...
967
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...
1092
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...
1079
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...
336
The exports of Steam Turbine reached a staggering value of $597K in May 2023.
682
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...
967
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...
1092
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...
1079
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...
