Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China - 2023

Contents:

  1. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China (FOB) - 2022
  2. Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China (CIF) - 2022
  3. Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China
  4. Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China (FOB) - 2022

The average export price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $681 per unit in 2022, reducing by -72.2% against the previous year. Overall, the export price showed a precipitous setback. The pace of growth appeared the most rapid in 2021 an increase of 409% against the previous year. The export price peaked at $24,676 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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 the Philippines ($1,701 per unit), while the average price for exports to Mozambique ($8 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 Taiwan (Chinese) (+6.5%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China (CIF) - 2022

The average import price for turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW stood at $953 per unit in 2022, which is down by -94.3% against the previous year. Over the period under review, the import price continues to indicate a sharp descent. The most prominent rate of growth was recorded in 2014 an increase of 454% against the previous year. The import price peaked at $257,203 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($996 per unit), while the price for the United States amounted to $868 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China

In 2022, the amount of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW exported from China surged to 2.3K units, rising by 420% compared with 2021. Overall, exports saw a significant expansion. Over the period under review, the exports of reached the peak figure at 2.5K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW soared to $1.6M in 2022. In general, exports, however, showed a abrupt setback. Over the period under review, the exports of attained the maximum at $2.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines117N/A6.628234.1%
CameroonN/AN/A0.524.34760.0%
EgyptN/AN/AN/A16.70%
PolandN/A3.82.114.595.3%
Myanmar11.43.1N/A14.27.6%
Mozambique0.3N/AN/A2.088.2%
Indonesia33949.90.11.6-83.2%
LithuaniaN/A1.81.01.6-5.7%
IranN/AN/A10.70.8-92.5%
Dominican RepublicN/A10.5N/AN/A0%
Ghana10.75.8N/AN/A-45.8%
Others2,2691,1141,0581,204-19.0%
Total2,7471,1891,0791,562-17.2%

Top Export Markets for Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW from China in 2022:

  1. Cameroon (583.0 units)
  2. Egypt (404.0 units)
  3. Poland (352.0 units)
  4. Mozambique (245.0 units)
  5. Philippines (166.0 units)
  6. Myanmar (126.0 units)
  7. Lithuania (46.0 units)
  8. Iran (8.0 units)
  9. Indonesia (1.0 units)

Imports of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China

In 2022, purchases abroad of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW decreased by -60% to 6 units for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a sharp curtailment. The smallest decline of -11.8% was in 2020. Imports peaked at 17 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of turbines; hydraulic turbines and water wheels, of a power not exceeding 1000kW contracted remarkably to $5.7K in 2022. Over the period under review, imports showed a sharp curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. Imports peaked at $290K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/A0.34.01233.3%
United States0.1N/AN/A1.7157.1%
NorwayN/AN/A4.8N/A0%
Germany1.32.0N/AN/A53.8%
Taiwan (Chinese)289180243N/A-8.3%
ItalyN/AN/A3.0N/A0%
OthersN/AN/AN/AN/A0%
Total2901822515.7-73.0%

Top Suppliers of Turbines; Hydraulic Turbines and Water Wheels, of A Power Not Exceeding 1000kW to China in 2022:

  1. Japan (4.0 units)
  2. United States (2.0 units)

Source: IndexBox Market Intelligence Platform

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