Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway (CIF) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway (FOB) - 2022
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway (CIF) - 2022
The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $3,582,063 per unit in 2022, reducing by -7.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 504%. As a result, import price reached the peak level of $9,851,240 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,782,508 per unit), while the price for Italy ($468 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+147.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway (FOB) - 2022
In 2022, the average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $4,159,708 per unit, with an increase of 104% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 148%. As a result, the export price reached the peak level of $5,661,387 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +163.8% per year.
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway
Imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs into Norway shrank dramatically to 8 units in 2022, which is down by -33.3% on 2021 figures. Overall, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 71%. Over the period under review, imports of reached the maximum at 30 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs contracted remarkably to $29M in 2022. Over the period under review, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 63%. Imports peaked at $141M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 49.3 | 5.2 | 20.1 | 17.3 | -29.5% |
| United Kingdom | 41.3 | N/A | 4.2 | 4.0 | -54.1% |
| Germany | 10.9 | 15.1 | 9.9 | 3.7 | -30.2% |
| Denmark | N/A | N/A | N/A | 3.6 | 0% |
| Japan | N/A | N/A | N/A | N/A | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Sweden | 31.9 | 2.8 | 3.0 | N/A | -69.3% |
| France | 1.6 | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | N/A | 3.5 | N/A | 0% |
| Italy | 0.1 | 1.1 | N/A | N/A | 1000.0% |
| Netherlands | N/A | N/A | 3.6 | N/A | 0% |
| Brazil | N/A | 0.5 | 0.6 | N/A | 20.0% |
| Canada | 6.2 | 3.9 | 1.9 | N/A | -44.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 141 | 28.7 | 46.7 | 28.7 | -41.2% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Norway in 2022:
- United States (3.0 units)
- Italy (1.0 units)
- Denmark (1.0 units)
- United Kingdom (1.0 units)
- Sweden (1.0 units)
- Germany (1.0 units)
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway
For the third consecutive year, Norway recorded decline in overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs, which decreased by -92.3% to 1 units in 2022. Over the period under review, exports showed a significant curtailment. The smallest decline of -13.3% was in 2021. Over the period under review, the exports of attained the maximum at 24 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs dropped dramatically to $4.2M in 2022. Overall, exports showed a dramatic slump. The smallest decline of -28.7% was in 2020. Over the period under review, the exports of reached the peak figure at $57M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.1 | N/A | N/A | 4.2 | 247.6% |
| Cameroon | N/A | N/A | 4.4 | N/A | 0% |
| Germany | N/A | 10.1 | N/A | N/A | 0% |
| China | 1.1 | 1.3 | N/A | N/A | 18.2% |
| United States | 6.5 | N/A | N/A | N/A | 0% |
| France | N/A | 9.1 | N/A | N/A | 0% |
| Azerbaijan | N/A | N/A | 14.0 | N/A | 0% |
| Guyana | N/A | N/A | N/A | N/A | 0% |
| Tanzania | 27.4 | N/A | N/A | N/A | 0% |
| Denmark | 0.1 | N/A | N/A | N/A | 0% |
| Singapore | 0.3 | N/A | N/A | N/A | 0% |
| Israel | N/A | 1.3 | N/A | N/A | 0% |
| Canada | 15.5 | 16.8 | 6.1 | N/A | -37.3% |
| Others | 6.3 | 2.2 | 2.0 | N/A | -43.7% |
| Total | 57.4 | 40.9 | 26.5 | 4.2 | -58.2% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Norway in 2022:
- Netherlands (1.0 units)
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