Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece - 2023

Contents:

  1. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece (CIF) - 2022
  2. Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece (FOB) - 2022
  3. Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece
  4. Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece (CIF) - 2022

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $31,730,501 per unit in 2022, picking up by 161% against the previous year. Over the period under review, the import price recorded significant growth. The pace of growth was the most pronounced in 2019 an increase of 53,664%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +99,007.4% per year.

Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece (FOB) - 2022

The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $302 per unit in 2022, which is down by -50% against the previous year. In general, the export price showed a dramatic curtailment. Over the period under review, the average export prices attained the maximum at $850,249 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($602 per unit), while the average price for exports to the Netherlands stood at $1 per unit.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-85.8%).

Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece

In 2022, supplies from abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by -80% to 1 units, falling for the second year in a row after two years of growth. Overall, imports showed a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 467% against the previous year. As a result, imports reached the peak of 17 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs fell sharply to $32M in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 10,384%. As a result, imports attained the peak of $61M, and then fell notably in the following year.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A31.70%
BelgiumN/AN/A30.6N/A0%
United StatesN/AN/A30.1N/A0%
Malta0.70.6N/AN/A-14.3%
Denmark1.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.00.660.731.7151.2%

Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Greece in 2022:

  1. Germany (1.0 units)

Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece

In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kws from Greece stood at 2 units, flattening at the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs reduced dramatically to $603 in 2022. In general, exports continue to indicate a precipitous descent. Over the period under review, the exports of hit record highs at $1.2K in 2021, and then shrank sharply in the following year.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Greece (USD)
COUNTRY20212022CAGR,
2021-2022
United KingdomN/A6020%
Netherlands1,2051.0-99.9%
OthersN/AN/A0%
Total1,205603-50.0%

Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Greece in 2022:

  1. United Kingdom (1.0 units)
  2. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

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