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

Contents:

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

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

The average export price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $963,288 per unit in 2022, leveling off at the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 254% against the previous year. The export price peaked at $5,640,653 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($5,609,589 per unit), while the average price for exports to Hong Kong SAR ($4,622 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 Hong Kong SAR (+131.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs stood at $195,558 per unit in 2022, declining by -36.2% against the previous year. In general, the import price showed a abrupt contraction. The growth pace was the most rapid in 2019 an increase of 28%. The import price peaked at $462,066 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($715,039 per unit), while the price for Mexico ($3.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+0.7%), 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 the Netherlands

Exports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs from the Netherlands surged to 173 units in 2022, jumping by 276% on 2021 figures. Overall, exports continue to indicate a significant increase. As a result, the exports attained 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 soared to $167M in 2022. In general, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore20.8N/AN/A56.139.2%
China0.6N/AN/A19.2217.5%
United Kingdom3.23.86.416.673.1%
TurkeyN/AN/A7.77.81.3%
United States21.624.43.27.3-30.3%
NigeriaN/AN/AN/A4.90%
SwitzerlandN/AN/AN/A3.40%
Hong Kong SARN/AN/AN/A0.40%
Uzbekistan10.1N/A1.1N/A-67.0%
SerbiaN/A9.6N/AN/A0%
AlgeriaN/A10.9N/AN/A0%
Others58.01.925.951.1-4.1%
Total11450.644.316713.6%

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

  1. Hong Kong SAR (94.0 units)
  2. Switzerland (12.0 units)
  3. Turkey (10.0 units)
  4. Singapore (10.0 units)
  5. China (10.0 units)
  6. Nigeria (10.0 units)
  7. United Kingdom (9.0 units)
  8. United States (5.0 units)

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

In 2022, purchases abroad of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs was finally on the rise to reach 743 units after two years of decline. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of turbines; gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kWs surged to $145M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Turbines; Gas-Turbines (Excluding Turbo-Jets and Turbo-Propellers), of A Power Exceeding 5000kW in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany28.240.134.164.631.8%
United States50.166.022.448.4-1.1%
United Kingdom12.71.515.622.220.5%
VietnamN/AN/AN/A5.80%
MalaysiaN/AN/AN/A0.30%
JapanN/AN/AN/A0.20%
MexicoN/AN/AN/AN/A0%
Others25.45.74.83.8-46.9%
Total11711376.91457.4%

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

  1. Germany (272.0 units)
  2. United States (102.0 units)
  3. Mexico (101.0 units)
  4. Vietnam (84.0 units)
  5. Japan (34.0 units)
  6. Malaysia (32.0 units)
  7. United Kingdom (31.0 units)

Source: IndexBox Market Intelligence Platform

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