Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium - 2023
Contents:
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium (FOB) - 2022
- Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium (CIF) - 2022
- Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium
- Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium (FOB) - 2022
The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $114,766 per unit in 2022, declining by -92.8% against the previous year. In general, the export price recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2019 an increase of 107%. As a result, the export price reached the peak level of $8,077,921 per unit. From 2020 to 2022, the average 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 the United States ($1,238,707 per unit), while the average price for exports to the UK ($79,244 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 Italy (+50.2%), while the prices for the other major destinations experienced a decline.
Price for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium (CIF) - 2022
In 2022, the average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs amounted to $3,797,191 per unit, increasing by 400% against the previous year. In general, the import price, however, continues to indicate a abrupt setback. Over the period under review, average import prices hit record highs at $6,682,393 per unit in 2012; however, from 2013 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 the United States ($7,159,299 per unit), while the price for Turkey ($609 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.7%), while the prices for the other major suppliers experienced a decline.
Exports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium
In 2022, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs from Belgium soared to 181 units, with an increase of 2,917% against the previous year's figure. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs surged to $21M in 2022. Over the period under review, exports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 203%. As a result, the exports attained the peak of $73M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 23.2 | 2.8 | 14.9 | -19.9% |
| United States | N/A | 1.7 | N/A | 5.0 | 71.5% |
| United Kingdom | N/A | N/A | 1.4 | 0.3 | -78.6% |
| Romania | N/A | 41.5 | N/A | N/A | 0% |
| Ghana | N/A | N/A | N/A | N/A | 0% |
| Others | 24.2 | 7.0 | 5.5 | 0.6 | -70.8% |
| Total | 24.2 | 73.5 | 9.6 | 20.8 | -4.9% |
Top Export Markets for Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW from Belgium in 2022:
- Germany (169.0 units)
- United States (4.0 units)
- United Kingdom (4.0 units)
Imports of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium
In 2022, purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by -16.7% to 5 units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic descent. The growth pace was the most rapid in 2020 when imports increased by 18%. As a result, imports attained the peak of 13 units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs surged to $19M in 2022. In general, imports showed a relatively flat trend pattern. Imports peaked at $32M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.6 | 28.3 | 2.4 | 14.3 | 10.5% |
| United Kingdom | N/A | 3.7 | N/A | 4.7 | 12.7% |
| China | N/A | N/A | N/A | N/A | 0% |
| Germany | 3.6 | N/A | N/A | N/A | 0% |
| Congo | 0.8 | N/A | N/A | N/A | 0% |
| France | 0.7 | N/A | 1.9 | N/A | 64.8% |
| Luxembourg | 1.8 | N/A | N/A | N/A | 0% |
| Japan | N/A | N/A | 0.1 | N/A | 0% |
| Singapore | N/A | 0.1 | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
| Netherlands | 1.5 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Ghana | N/A | N/A | 0.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.0 | 32.1 | 4.6 | 19.0 | 0.0% |
Top Suppliers of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW to Belgium in 2022:
- United States (2.0 units)
- United Kingdom (2.0 units)
- Turkey (1.0 units)
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