U.S. Turbine And Turbine Generator Set Units Market. Analysis And Forecast to 2030
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Turbine and Turbine Generator Set Unit in the United States - 2023
Contents:
- Price for Turbine and Turbine Generator Set Unit in the United States (FOB) - 2022
- Price for Turbine and Turbine Generator Set Unit in the United States (CIF) - 2022
- Exports of Turbine and Turbine Generator Set Unit in the United States
- Imports of Turbine and Turbine Generator Set Unit in the United States
Price for Turbine and Turbine Generator Set Unit in the United States (FOB) - 2022
The average export price for turbine and turbine generator set units stood at $417,237 per ton in 2022, increasing by 55% against the previous year. Over the period under review, the export price, however, saw a abrupt shrinkage. The export price peaked at $917,962 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($1,051,761 per ton), while the average price for exports to Israel ($180,345 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+25.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Turbine and Turbine Generator Set Unit in the United States (CIF) - 2022
The average import price for turbine and turbine generator set units stood at $18,156 per ton in 2022, with an increase of 35% against the previous year. Over the period under review, the import price, however, recorded a dramatic decline. The import price peaked at $1,323,707 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($67,111 per ton), while the price for Turkey ($3,238 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Turbine and Turbine Generator Set Unit in the United States
In 2022, shipments abroad of turbine and turbine generator set units decreased by -21.4% to 21K tons, falling for the second consecutive year after two years of growth. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 91%. As a result, the exports reached the peak of 29K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of turbine and turbine generator set units soared to $8.8B in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Turbine and Turbine Generator Set Unit in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 963 | 863 | 1,295 | 1,280 | 9.9% |
| Canada | 758 | 441 | 503 | 916 | 6.5% |
| Italy | 493 | 505 | 484 | 505 | 0.8% |
| Singapore | 515 | 470 | 607 | 452 | -4.3% |
| Hungary | 273 | 222 | 365 | 422 | 15.6% |
| United Kingdom | 207 | 169 | 212 | 394 | 23.9% |
| Germany | 250 | 341 | 322 | 372 | 14.2% |
| South Korea | 183 | 239 | 115 | 296 | 17.4% |
| Brazil | 148 | 146 | 215 | 293 | 25.6% |
| Czech Republic | 156 | 154 | 176 | 248 | 16.7% |
| Japan | 341 | 305 | 228 | 224 | -13.1% |
| China | 232 | 176 | 167 | 183 | -7.6% |
| Israel | 27.2 | 43.4 | 79.4 | 138 | 71.8% |
| Others | 3,054 | 2,699 | 2,402 | 3,089 | 0.4% |
| Total | 7,601 | 6,774 | 7,172 | 8,811 | 5.0% |
Top Export Markets for Turbine and Turbine Generator Set Unit from the United States in 2022:
- Canada (3.7K tons)
- Mexico (3.3K tons)
- Brazil (1.3K tons)
- Italy (1.1K tons)
- Israel (0.8K tons)
- South Korea (0.8K tons)
- Czech Republic (0.6K tons)
- United Kingdom (0.6K tons)
- Hungary (0.6K tons)
- Germany (0.6K tons)
- China (0.5K tons)
- Singapore (0.4K tons)
- Japan (0.4K tons)
Imports of Turbine and Turbine Generator Set Unit in the United States
In 2022, supplies from abroad of turbine and turbine generator set units decreased by -31.3% to 261K tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 7,954%. As a result, imports reached the peak of 435K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of turbine and turbine generator set units contracted to $4.7B in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. As a result, imports reached the peak of $5.9B. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Turbine and Turbine Generator Set Unit in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 538 | 715 | 793 | 884 | 18.0% |
| Japan | 353 | 365 | 391 | 468 | 9.9% |
| China | 471 | 720 | 257 | 444 | -1.9% |
| India | 278 | 459 | 431 | 411 | 13.9% |
| Germany | 227 | 482 | 269 | 319 | 12.0% |
| Italy | 283 | 284 | 221 | 310 | 3.1% |
| Hungary | 371 | 398 | 295 | 284 | -8.5% |
| Spain | 353 | 537 | 530 | 264 | -9.2% |
| Canada | 188 | 209 | 236 | 223 | 5.9% |
| Vietnam | 95.3 | 64.1 | 81.5 | 68.2 | -10.6% |
| Brazil | 272 | 271 | 230 | 56.6 | -40.7% |
| Denmark | 91.7 | 167 | 93.6 | 36.5 | -26.4% |
| Turkey | 95.2 | 114 | 70.1 | 31.7 | -30.7% |
| Others | 828 | 1,083 | 1,190 | 939 | 4.3% |
| Total | 4,444 | 5,869 | 5,088 | 4,739 | 2.2% |
Top Suppliers of Turbine and Turbine Generator Set Unit to the United States in 2022:
- China (60.8K tons)
- Mexico (58.2K tons)
- India (38.3K tons)
- Spain (22.4K tons)
- Germany (12.0K tons)
- Turkey (9.8K tons)
- Canada (7.9K tons)
- Japan (7.0K tons)
- Vietnam (6.9K tons)
- Denmark (5.9K tons)
- Italy (5.7K tons)
- Brazil (5.0K tons)
- Hungary (4.5K tons)
This report provides an in-depth analysis of the market for turbine and turbine generator set unit in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- NAICS 333611 - Turbine and turbine generator set units manufacturing
Companies mentioned:
- Solar Turbines Incorporated
- Suzlon Wind Energy Corporation
- Capstone Turbine Corporation
- Voith Hydro
- Tuthill Corporation
- Northern Power Systems
- Nordex Usa
- Doncasters
- Broadwind Energy
- GE Wind Energy
- Turbine Generator Maintenance
- Clipper Windpower
- Lm Wind Power Blades (nd)
- GE Packaged Power
- Stork H & E Turbo Blading
- Falcon Manufacturing
- GE Packaged Power
- Alin Machining Company
- American Hydro Corporation
- Broadstar Wind Systems
- GE Aviation Systems
- Pantex Ennerflo Systems
- Broadwind Towers
- Vestas Blades America
- Bwxt Investment Company
- Cooper Turbocompressor
- Ormat International
- Hamon Deltak
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
993
This report provides an in-depth analysis of the market for turbine and turbine generator set unit in the U.S..
1397
This report provides an in-depth analysis of the machine tool market in the U.S..
347
This report provides an in-depth analysis of the market for all other miscellaneous general purpose machinery in the USA.
777
This report provides an in-depth analysis of the scale and balance market in the U.S..
1021
This report provides an in-depth analysis of the market for sawmill, and paper machinery in the U.S..
841
This report provides an in-depth analysis of the rolling mill market in the U.S..
1009
This report provides an in-depth analysis of the market for pump and pumping equipment in the U.S..
873
This report provides an in-depth analysis of the market for printing machinery and equipment in the U.S..
793
This report provides an in-depth analysis of the power-driven handtool market in the U.S..
620
This report provides an in-depth analysis of the market for photographic and photocopying equipment in the U.S..
1094
The U.S. leads the way in global imports of turbines and turbine generator set units, accounting for a X% share (based on USD). The UK (X%), Germany (X%), and France (X%) followed. In 2015, U.S. imports of turbines and tu
411
Machine Tool imports reached a significant value of $735M in June 2023.
1520
Machine Tool imports totaled $784M in March 2023
2464
In 2016, the machine tool market increased by X% to X million USD, fluctuating considerably over the period under review.
71
During the review period, Scale And Balance imports reached a peak in 2023 and are projected to continue growing. In terms of value, imports slightly decreased to $942M in 2023.
135
In April 2023, the growth rate of Scale And Balance was exceptionally high, increasing by 30% compared to the previous month. The value of imports declined to $77M in November 2023.
213
In April 2023, the growth of Scale And Balance was at its most rapid, experiencing a month-to-month increase of 30%. By August 2023, the value of imports for Scale And Balance reached $87M.
192
In April 2023, the scale and balance price stood at $10,884 per ton (CIF, US), with a decrease of -19.5% against the previous month.
732
The U.S. takes first place in global imports of scales and balances, accounting for a X% share (based on USD). It was followed by China (X%), Germany (X%), and Japan (X%). In 2015, U.S. scale and balance imports totaled X
1220
In November 2022, the rolling mill price amounted to $17.5 per kg (CIF, US), which is down by -31.5% against the previous month.
