Southern Asia: Gas Turbine Market 2020

Gas Turbine Market Size in Southern Asia

The revenue of the gas turbine market in Southern Asia amounted to $X in 2017, coming up by X% against the previous year. The gas turbine consumption continues to indicate a strong growth. The most prominent rate of growth was recorded in 2016, when market value increased by X% y-o-y. The level of gas turbine consumption peaked in 2017, and is likely to continue its growth in the near future.

Gas Turbine Production in Southern Asia

In 2017, gas turbine production in Southern Asia amounted to X units, flattening at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015, when the output figure increased by X% year-to-year. The volume of gas turbine production peaked in 2017, and is expected to retain its growth in the immediate term.

Gas Turbine Exports in Southern Asia

The exports totaled X units in 2017, waning by -X% against the previous year. The gas turbine exports continue to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2017, when it surged by -X% against the previous year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, gas turbine exports amounted to $X in 2017. The gas turbine exports continue to indicate a drastic contraction. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Gas Turbine Exports by Country in Southern Asia

Sri Lanka represented the major exporter of gas turbines in Southern Asia, with the volume of exports amounting to X units, which was near X% of total exports in 2017. It was distantly followed by Pakistan (X units) and India (X units), together mixed up X% share of total exports.

Exports from Sri Lanka decreased at an average annual rate of -X% from 2007 to 2017. Pakistan experienced a relatively flat trend pattern. India (-X%) illustrated a downward trend over the same period. Sri Lanka (X%) and India (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X), Pakistan ($X) and Sri Lanka ($X) constituted the countries with the highest levels of exports in 2017, together comprising X% of total exports.

Pakistan (+X% per year) experienced the highest rates of growth with regard to exports, among the main exporting countries over the last decade, while the other leaders experienced a decline in the exports figures.

Gas Turbine Export Prices by Country in Southern Asia

In 2017, the gas turbine export price in Southern Asia amounted to $X thousand per unit, increasing by X% against the previous year. The gas turbine export price continues to indicate a strong growth. The pace of growth appeared the most rapid in 2016, when the export prices increased by X% y-o-y. Over the period under review, the export prices for gas turbines reached its maximum level in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was India ($X thousand per unit), while Sri Lanka ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Pakistan (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Gas Turbine Imports in Southern Asia

In 2017, imports of gas turbines in Southern Asia amounted to X units, coming up by X% against the previous year. The gas turbine imports continue to indicate a skyrocketing increase. The pace of growth appeared the most rapid in 2017, with an increase of X% y-o-y. In that year, the gas turbine imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, gas turbine imports totaled $X in 2017. The gas turbine imports continue to indicate a strong growth. In that year, the gas turbine imports reached their peak level, and are likely to continue its growth in the immediate term.

Gas Turbine Imports by Country in Southern Asia

Pakistan prevails in gas turbine imports structure, accounting for X units, which was approx. X% of total imports in 2017. Bangladesh (X units) took the second position in the ranking, followed by India (X units). All these countries together occupied approx. X% share of total imports. Sri Lanka (X units) took the mild share of total imports.

Pakistan was also the fastest growing in terms of the gas turbines imports, with a CAGR of +X% from 2007 to 2017. At the same time, Bangladesh (+X%), Sri Lanka (+X%) and India (+X%) displayed positive paces of growth. While the share of India (-X%), Bangladesh (-X%) and Pakistan (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) constitutes the largest market for imported gas turbines in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by India, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Pakistan stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and India (+X% per year).

Gas Turbine Import Prices by Country in Southern Asia

The gas turbine import price in Southern Asia stood at $X thousand per unit in 2017, reducing by -X% against the previous year. The gas turbine import price continues to indicate an abrupt decrease. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. In that year, the import prices for gas turbines attained their peak level of $X thousand per unit. From 2009 to 2017, growth of the import prices for gas turbines stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was India ($X thousand per unit), while Pakistan ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform