Report China - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Sep 24, 2022

China - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Single report
Sent by email within 24h (Mon-Fri)

China: Steam Turbine Market 2022

Steam Turbine Market Size in China

In 2021, after two years of growth, there was significant decline in the Chinese steam turbine market, when its value decreased by -X% to $X. Over the period under review, the total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2018 indices. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Steam Turbine Production in China

In value terms, steam turbine production declined to $X in 2021 estimated in export price. Overall, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then contracted in the following year.

Steam Turbine Exports

Exports from China

In 2021, the amount of steam turbines and other vapor turbines exported from China was estimated at X units, surging by X% against 2020. In general, exports, however, showed a abrupt setback. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, steam turbine exports surged to $X in 2021. Over the period under review, exports, however, recorded a abrupt descent. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Indonesia (X units) was the main destination for steam turbine exports from China, with a X% share of total exports. Moreover, steam turbine exports to Indonesia exceeded the volume sent to the second major destination, Iran (X units), fourfold. Bangladesh (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Indonesia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+X% per year) and Bangladesh (+X% per year).

In value terms, Indonesia ($X) remains the key foreign market for steam turbine exports from China, comprising X% of total exports. The second position in the ranking was taken by Iran ($X), with an X% share of total exports. It was followed by Bangladesh, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Indonesia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+X% per year) and Bangladesh (+X% per year).

Export Prices by Country

In 2021, the average steam turbine export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Steam Turbine Imports

Imports into China

In 2021, after three years of growth, there was significant decline in supplies from abroad of steam turbines and other vapor turbines, when their volume decreased by -X% to X units. In general, imports saw a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, steam turbine imports reduced notably to $X in 2021. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X units), Japan (X units) and the Czech Republic (X units) were the main suppliers of steam turbine imports to China, with a combined X% share of total imports. These countries were followed by France, which accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +X%), while imports for the other leaders experienced a decline.

In value terms, Germany ($X) constituted the largest supplier of steam turbine to China, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-X% per year) and the Czech Republic (-X% per year).

Import Prices by Country

The average steam turbine import price stood at $X per unit in 2021, shrinking by -X% against the previous year. Overall, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, steam turbine import price decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for steam turbines and other vapor turbines in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and Russia, with a combined 38% share of global consumption. These countries were followed by Pakistan, Germany, Bangladesh, Japan, Indonesia, Turkey, Mexico, the UK, France and India, which together accounted for a further 32%.
What are the largest producers of steam turbines and other vapor turbines in the world?
+
The countries with the highest volumes of production in 2021 were China, the United States and Russia, together comprising 40% of global production. Pakistan, Germany, Japan, Bangladesh, Mexico, Turkey, France, India, the UK and Italy lagged somewhat behind, together accounting for a further 31%.
What are the leading suppliers of steam turbines and other vapor turbines to China?
+
In value terms, Germany constituted the largest supplier of steam turbine to China, comprising 66% of total imports. The second position in the ranking was held by Japan, with a 15% share of total imports. It was followed by the Czech Republic, with a 6.8% share.
What are the leading importers of steam turbines and other vapor turbines from China?
+
In value terms, Indonesia remains the key foreign market for steam turbine exports from China, comprising 44% of total exports. The second position in the ranking was held by Iran, with an 11% share of total exports. It was followed by Bangladesh, with a 7.4% share.
What is the average export price for steam turbines and other vapor turbines in China?
+
In 2021, the average steam turbine export price amounted to $365 per unit, growing by 33% against the previous year.
What is the average import price for steam turbines and other vapor turbines in China?
+
The average steam turbine import price stood at $790 per unit in 2021, shrinking by -8.3% against the previous year.

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in China
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2021
Figure 5:
Trade Balance, In Physical Terms, 2007-2021
Figure 6:
Trade Balance, In Value Terms, 2007-2021
Figure 7:
Per Capita Consumption, 2007-2021
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET

Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET