France: Steam Turbine Market 2024

Steam Turbine Market Size in France

The French steam turbine market expanded to $X in 2022, surging by X% against the previous year. Overall, consumption showed a slight decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Steam Turbine Production in France

In value terms, steam turbine production expanded to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Steam turbine production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Steam Turbine Exports

Exports from France

In 2022, the amount of steam turbines and other vapor turbines exported from France shrank sharply to X units, with a decrease of X% against 2021 figures. In general, exports showed a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, steam turbine exports dropped markedly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

Turkey (X units), the United States (X units) and Malaysia (X units) were the main destinations of steam turbine exports from France, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) remains the key foreign market for steam turbines and other vapor turbines exports from France, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by the United States, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Turkey totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and the United States (X% per year).

Export Prices by Country

The average steam turbine export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Brazil ($X 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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Steam Turbine Imports

Imports into France

In 2022, the amount of steam turbines and other vapor turbines imported into France reduced to X units, which is down by X% compared with the year before. Overall, imports, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then declined modestly in the following year.

In value terms, steam turbine imports surged to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X units), Brazil (X units) and Germany (X units) were the main suppliers of steam turbine imports to France, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Brazil ($X) and Germany ($X) were the largest steam turbine suppliers to France, together accounting for X% of total imports. Poland, Italy, the United States, Luxembourg, the UK, the Netherlands, Israel, China, Cote d'Ivoire and Vietnam lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average steam turbine import price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable downturn. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform