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

Contents:

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

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

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $19,905 per unit in 2022, declining by -99.6% against the previous year. Over the period under review, the import price recorded a precipitous decline. The pace of growth was the most pronounced in 2017 an increase of 136% against the previous year. The import price peaked at $5,228,639 per unit in 2021, and then fell dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -51.3% per year.

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

The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $26,996 per unit in 2022, reducing by -50% against the previous year. Overall, the export price continues to indicate a sharp slump. The export price peaked at $888,501 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($52,769 per unit), while the average price for exports to Tanzania stood at $1,222 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-22.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by 0% to 1 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs fell notably to $20K in 2022. Over the period under review, imports enjoyed a significant expansion. Imports peaked at $5.2M in 2021, and then declined rapidly in the following year.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/AN/A0%
CanadaN/AN/A5.2N/A0%
United StatesN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
TotalN/AN/A5.2N/A0%

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

  1. United States (1.0 units)

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

After two years of decline, overseas shipments of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs decreased by 0% to 2 units in 2022. In general, exports showed a sharp contraction. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure at 4 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs shrank markedly to $54K in 2022. Over the period under review, exports showed a sharp downturn. The exports peaked at $361K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands86.1N/A92.352.8-15.0%
Tanzania125N/AN/A1.2-78.7%
Cote d'IvoireN/AN/AN/AN/A0%
United Kingdom133N/AN/AN/A0%
South AfricaN/AN/A15.7N/A0%
Others16.7N/AN/AN/A0%
Total361N/A10854.0-46.9%

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

  1. Tanzania (1.0 units)
  2. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

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